Yongwei Li Buys Shares in DAO as Institutional Investors Adjust Holdings
Yongwei Li, Vice President of DAO, purchased 2,300 shares on June 30, as institutions like Vanguard and Orbis Allan Gray make their own moves.
Key Points
- Yongwei Li, Vice President of DAO, bought 2,300 shares on June 30, 2026.
- Shares of DAO traded near $12.30 on Wednesday, reflecting active interest from insiders and institutions.
- Vanguard Capital Management opened a new position in DAO, while Orbis Allan Gray reduced its stake by 205,134 shares.
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Yongwei Li, Vice President of DAO, has made a notable purchase of company shares. On June 30, 2026, Li bought 2,300 shares of DAO. This move comes amid a backdrop of institutional investors adjusting their positions in the company.
Other Institutional Activity in DAO
Among the institutions, Orbis Allan Gray Ltd reduced its holdings by 205,134 shares, bringing its total to approximately 6.74 million shares valued at about $66.2 million. Vanguard Capital Management LLC, on the other hand, opened a new position with 832,430 shares worth $8.2 million. Acadian Asset Management LLC cut its stake by 136,342 shares, ending with 295,624 shares valued at $2.9 million. Meanwhile, Connor, Clark & Lunn Investment Management Ltd. trimmed its position by 17,438 shares, leaving it with 226,008 shares valued at $2.2 million. Vanguard Fiduciary Trust Co also initiated a new position with 211,666 shares worth $2.1 million.
Youdao, Inc. Stock Down 26.1%
Shares of DAO traded near $12.30 on Wednesday. The stock's activity reflects ongoing interest from both insiders and institutional investors. While precise valuation metrics like market cap and P/E ratio were not available, the trading price indicates a dynamic market presence.
$DAO stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Youdao, Inc.
Yongwei Li, Vice President of DAO, has been active in the market. On June 30, 2026, Li not only bought 2,300 shares but also executed other transactions around the same time. This activity suggests confidence in the company's prospects and aligns with strategic moves by institutional investors.
Analysts Set New Price Targets
Analysts have been adjusting their outlooks on DAO. On March 4, 2024, Macquarie maintained its buy rating with a price target of $7.3. Daiwa downgraded the stock to hold with a $4.6 target on November 8, 2023. Jefferies, on August 25, 2023, maintained a buy rating with a target of $8.3. These mixed ratings reflect varying levels of confidence in DAO's future performance.
Bottom Line
Yongwei Li's recent purchase of DAO shares highlights insider confidence in the company. Meanwhile, institutional investors are actively managing their positions, with some opening new stakes and others reducing theirs. As always, these insider and institutional activities are backward-looking and do not necessarily indicate future performance.
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