Yiming Hu Buys Shares of Gaotu Techedu Inc. (GOTU)
Yiming Hu purchased 24,000 shares of Gaotu Techedu Inc. on June 30, 2026.
Key Points
- On June 30, 2026, Yiming Hu purchased 24,000 shares of Gaotu Techedu Inc. (GOTU).
- Shares of Gaotu Techedu Inc. traded at $1.66 on Wednesday, with a market cap of approximately $395.8 million.
- Vanguard Capital Management and Renaissance Technologies recently adjusted their positions in Gaotu Techedu Inc.
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On June 30, 2026, Yiming Hu bought 24,000 shares of Gaotu Techedu Inc. (NYSE: GOTU). The stock was trading at $1.66 on Wednesday.
What Changed in Yiming Hu's Gaotu Techedu Inc. Position
Yiming Hu made a move to acquire 24,000 shares of Gaotu Techedu Inc. This transaction was not part of a pre-planned trading scheme, as indicated by the lack of a Rule 10b5-1 plan.
Other Institutional Activity in Gaotu Techedu Inc.
Vanguard Capital Management LLC opened a new position in Gaotu Techedu Inc., acquiring 4,137,588 shares valued at approximately $8.1 million. Renaissance Technologies LLC increased its holdings by 50,362 shares, bringing its total to 2,330,640 shares worth about $4.6 million, marking a 2.2% increase. On the other hand, Morgan Stanley reduced its stake by 174,911 shares, resulting in a total of 1,294,474 shares valued at $2.5 million, an 11.9% decrease. D. E. Shaw & Co., Inc. slightly reduced its holdings by 7,719 shares to 813,435 shares, valued at $1.6 million, a 0.9% decrease.
Gaotu Techedu Inc. Stock Down 11.7%
Shares of Gaotu Techedu Inc. (NYSE: GOTU) traded near $1.66 on Wednesday. The company has a market cap of about $395.8 million and a forward P/E ratio of 15.24, with a beta of 0.605. The stock's 52-week range is between $1.40 and $4.12. It has a 50-day moving average of $1.79 and a 200-day moving average of $2.33. Gaotu Techedu Inc. maintains a current ratio of 0.905 and a quick ratio of 0.752, with a debt-to-equity ratio of 84.95.
$GOTU stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Gaotu Techedu Inc. reported revenue of approximately $6.34 billion, with a revenue growth rate of 13.2%. However, the company posted a net margin of -6.51% and a return on equity of -26.11%. The next earnings report is expected on August 26, 2026.
Insider Buying and Selling at Gaotu Techedu Inc.
On June 30, 2026, several insiders purchased shares of Gaotu Techedu Inc. Luo Bin, a Senior Vice President, acquired 150,000 shares. Other insiders, including Sun Hao, Hu Yiming, and Cui Jin, each bought 24,000 shares. CEO Chen Xiangdong purchased 167,051 shares on June 18, 2026, at an average price of $2.50, and an additional 59,148 shares on June 17, 2026, at an average price of $2.42.
Analysts Set New Price Targets
Several analysts have provided their insights on Gaotu Techedu Inc. On February 28, 2024, CLSA upgraded the stock to a buy with a price target of $8.65. Previously, on January 3, 2024, Citi upgraded it to a buy with a target of $4.50. In contrast, China Renaissance downgraded the stock to a hold with a target of $2.30 on November 23, 2023. The consensus from analysts indicates a mean price target of $3.29, based on seven opinions.
About Gaotu Techedu Inc.
Gaotu Techedu Inc. is a Beijing-based education company that offers a range of learning services and products across China. The company provides online and offline courses covering academic subjects like math and English, as well as non-academic tutoring and professional courses. Gaotu also offers digital learning tools and content products aimed at students of all ages. Founded in 2014, the company is led by CEO Xiangdong Chen and employs over 17,000 people.
Bottom Line
Yiming Hu's recent purchase of Gaotu Techedu Inc. shares highlights ongoing interest in the company's stock. Investors closely monitor insider transactions as potential indicators of confidence in a firm's prospects. However, it's important to remember that such filings reflect past actions and may not indicate current holdings or future intentions.
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