Insider Purchase by Chen Xiangdong (CEO)
Trade Summary
4 days ago, Chen Xiangdong, serving as CEO at Gaotu Techedu Inc. (GOTU), purchased 167,051 shares at $2.50 per share, for a total transaction value of $418,045.13. Following this transaction, Chen Xiangdong now holds 8,014,529 shares of GOTU.
This purchase represents a 2.13% increase in Chen Xiangdong's stake in the company. This is considered a medium-conviction trade.
The trade was executed on Thursday, June 18, 2026 and publicly disclosed via SEC Form 4 filing on Monday, June 22, 2026 at 6:09 AM ET, 4 days after the trade was made.
Gaotu Techedu Inc. operates in the CONSUMER DEFENSIVE sector, specifically within the EDUCATION & TRAINING SERVICES industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$2.50
Quantity
167,051
Total Value
$418,045.13
Shares Owned
8,014,529
Trade Date
4 days ago
SEC Filing Date
at 6:09 AM ET
Filed 4 days after trade
Discussion