Chegg Inc day trading at USD 62.68 per share, then rallying to 65.39 and closing at USD 62.56 per share. A net loss of -0.19% for the day. Long term pricing analysis shows the stock trading at 3.81% lower than it’s 52week high and -139.47% higher than the 52week low. The share volume traded for the day was 3,455K which was 1 times the 50 Day Average Volume.
Chegg Inc had a market cap of 7,735,323K as of 2nd June 2020. The Earnings Per Share (EPS) for Q4 2019 is $-0.11
Chegg Inc known as Chegg, is an American education technology company based in Santa Clara, California, with over three million subscribers. Chegg provides digital and physical textbook rentals, online tutoring, and other student services.
Chegg Inc Reports First Quarter Of Fiscal 2020.
- Total Net Revenues of $131.6 million, an increase of 35% year-over-year
- Chegg Services Revenues grew 33% year-over-year to $100.4 million, or 76% of total net revenues, compared to 77% in Q1 2019
- Net Loss was $5.7 million
- Non-GAAP Net Income was $29.0 million
- Adjusted EBITDA was $31.8 million
- 9 million: number of Chegg Services subscribers, an increase of 35% year-over-year
- 235 million: total Chegg Study content views
Chegg Inc (2nd June 2020): The Institutional Ownership as of today stood at 110.10% and the Total Value of Holdings (millions) is $ 8,499.
New Institutional Holders and other activity – As of today, the total number of shares held is 136,135,477 by 336 institutional holders.
31-May-2020:- Bank of New York Mellon Corp Sells 6,127 Shares of Chegg Inc (NYSE: CHGG)
Bank of New York Mellon Corp reduced its position in shares of Chegg Inc (NYSE: CHGG) by 1.3% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 462,182 shares of the technology company’s stock after selling 6,127 shares during the quarter.
29-May-2020:- Chegg Inc (NYSE: CHGG) Stock Position Reduced by ACT II Management LP
ACT II Management LP lowered its stake in Chegg Inc (NYSE: CHGG) by 53.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 138,297 shares of the technology company’s stock after selling 161,961 shares during the quarter.
29-May-2020:- Zevenbergen Capital Investments LLC Has $28.03 Million Stock Position in Chegg Inc (NYSE: CHGG)
Zevenbergen Capital Investments LLC boosted its holdings in shares of Chegg Inc (NYSE: CHGG) by 26.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 783,275 shares of the technology company’s stock after buying an additional 165,715 shares during the period.