--- title: "Insider Buying: Gaotu Techedu (NYSE:GOTU) CEO Buys $143,138.16 in Stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/290288436.md" description: "Gaotu Techedu CEO Xiangdong Chen purchased 59,148 shares worth $143,138.16 on June 17 at an average price of $2.42 per share. This transaction increased his ownership by 0.76%, bringing his total holdings to 7,847,478 shares valued at approximately $18.99 million. The purchase was disclosed via an SEC filing." datetime: "2026-06-19T11:37:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290288436.md) - [en](https://longbridge.com/en/news/290288436.md) - [zh-HK](https://longbridge.com/zh-HK/news/290288436.md) generator: "portal-rs" --- # Insider Buying: Gaotu Techedu (NYSE:GOTU) CEO Buys $143,138.16 in Stock Gaotu Techedu Inc. (NYSE:GOTU - Get Free Report) CEO Xiangdong Chen bought 59,148 shares of the stock in a transaction on Wednesday, June 17th. The shares were acquired at an average cost of $2.42 per share, for a total transaction of $143,138.16. Following the purchase, the chief executive officer owned 7,847,478 shares in the company, valued at approximately $18,990,896.76. This represents a 0.76% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Xiangdong Chen also recently made the following trade(s): - On Tuesday, June 16th, Xiangdong Chen purchased 73,801 shares of Gaotu Techedu stock. The stock was bought at an average cost of $2.28 per share, with a total value of $168,266.28. - On Thursday, June 11th, Xiangdong Chen purchased 200,000 shares of Gaotu Techedu stock. The shares were bought at an average price of $2.23 per share, with a total value of $446,000.00. ## Gaotu Techedu Stock Performance Shares of GOTU opened at $1.65 on Friday. The company has a market capitalization of $394.55 million, a PE ratio of -6.85 and a beta of 0.60. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.91. The company's 50 day moving average price is $1.82 and its 200 day moving average price is $2.09. Gaotu Techedu Inc. has a 52 week low of $1.40 and a 52 week high of $4.12. * * * * * * Gaotu Techedu (NYSE:GOTU - Get Free Report) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $0.02 earnings per share for the quarter. Gaotu Techedu had a negative net margin of 6.42% and a negative return on equity of 29.69%. The business had revenue of $245.04 million for the quarter, compared to the consensus estimate of $233.35 million. ## Wall Street Analyst Weigh In Separately, Weiss Ratings downgraded Gaotu Techedu from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Gaotu Techedu presently has an average rating of "Sell". **View Our Latest Report on GOTU** ## Institutional Investors Weigh In On Gaotu Techedu A number of large investors have recently bought and sold shares of GOTU. Millennium Management LLC increased its position in Gaotu Techedu by 602.0% during the first quarter. Millennium Management LLC now owns 1,996,144 shares of the company's stock worth $6,487,000 after buying an additional 1,711,774 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Gaotu Techedu by 57.0% in the second quarter. American Century Companies Inc. now owns 61,076 shares of the company's stock worth $220,000 after buying an additional 22,164 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Gaotu Techedu by 157.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,568,492 shares of the company's stock worth $5,662,000 after buying an additional 958,782 shares during the last quarter. Walleye Trading LLC boosted its stake in shares of Gaotu Techedu by 110.1% during the 2nd quarter. Walleye Trading LLC now owns 21,722 shares of the company's stock worth $78,000 after acquiring an additional 11,383 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in shares of Gaotu Techedu by 3,628.9% during the 2nd quarter. Marshall Wace LLP now owns 788,541 shares of the company's stock valued at $2,847,000 after acquiring an additional 767,394 shares during the last quarter. 48.42% of the stock is currently owned by institutional investors. ## About Gaotu Techedu (Get Free Report) Gaotu Techedu Inc (NYSE:GOTU), formerly known as GSX Techedu, is a Beijing-based provider of online education services in China. Since its founding in 2014, the company has built a technology-driven platform that delivers live, interactive tutoring sessions to students primarily in the K-12 segment. Gaotu Techedu's rebranding in 2021 underscored its commitment to leveraging cutting-edge digital tools to expand access to quality instruction across core academic subjects. The company's main offerings include small-group and one-on-one classes in mathematics, Chinese, English, physics and chemistry, as well as targeted test preparation for high-stakes national and local examinations. ## Further Reading - Five stocks we like better than Gaotu Techedu - How to Invest in the Biggest European Defense Surge in Decades - The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A - Credo Technologies Accelerates AI—Its Stock Price Will Follow - Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA *This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to \[email protected\].* Insider Buying or Selling at Gaotu Techedu? Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Gaotu Techedu and related companies. 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