Gaotu Techedu (NYSE:GOTU) Trading Up 4.9% – Here’s Why

Shares of Gaotu Techedu Inc. (NYSE:GOTU) rose 4.9% during trading on Monday . The stock traded as high as $2.47 and last traded at $2.4750. Approximately 226,367 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 1,408,245 shares. The stock had previously closed at $2.36.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Gaotu Techedu in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Gaotu Techedu has an average rating of “Sell”.

Gaotu Techedu Trading Up 3.6%

The business’s fifty day moving average price is $2.93 and its 200 day moving average price is $3.45. The firm has a market capitalization of $619.04 million, a price-to-earnings ratio of -11.64 and a beta of 0.13.

Gaotu Techedu (NYSE:GOTU) last posted its quarterly earnings data on Wednesday, November 26th. The company reported ($0.09) EPS for the quarter, beating analysts’ consensus estimates of ($0.89) by $0.80. Gaotu Techedu had a negative net margin of 6.45% and a negative return on equity of 21.95%. The company had revenue of $31.24 million for the quarter, compared to analyst estimates of $1.57 billion. Gaotu Techedu has set its Q4 2025 guidance at EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Gaotu Techedu in the 2nd quarter valued at about $425,000. Acadian Asset Management LLC acquired a new position in Gaotu Techedu in the 2nd quarter valued at $3,865,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in Gaotu Techedu by 86.5% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 563,082 shares of the company’s stock valued at $2,033,000 after purchasing an additional 261,190 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Gaotu Techedu by 284.8% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 200,984 shares of the company’s stock worth $726,000 after buying an additional 148,747 shares during the last quarter. Finally, Cornerstone Investment Partners LLC purchased a new stake in Gaotu Techedu in the 2nd quarter valued at about $138,000. Hedge funds and other institutional investors own 48.42% of the company’s stock.

About Gaotu Techedu

Gaotu Techedu Inc, a technology-driven education company, provides learning services, educational content, and digitalized learning products in the People's Republic of China. The company offers traditional online academic subject tutoring services that covers academic subjects, such as mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science for students; non-academic tutoring services; personal interest courses comprising chess learning, family relationships and education, humanities, and science courses; and professional courses primarily for college students and adults preparing for professional qualification exams, such as teacher's qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, and other exams.