Gaotu Techedu (NYSE:GOTU) Trading Down 0.3% - Here's What Happened

Key Points

• Gaotu Techedu's stock price decreased by 0.3% to $3.31 with a trading volume down by 53% from its average, indicating reduced investor activity.
• The company reported a quarterly loss with an EPS of ($0.12), beating estimates but generating only $27.09 million in revenue against a projection of $182.85 million.
• Approximately 48.42% of Gaotu Techedu's stock is owned by institutional investors, showing a diversified investment landscape amid mixed financial performance.

Gaotu Techedu Inc. (NYSE:GOTU - Get Free Report)'s stock price was down 0.3% during mid-day trading on Thursday . The company traded as low as $3.30 and last traded at $3.31. Approximately 307,139 shares were traded during trading, a decline of 53% from the average daily volume of 659,832 shares. The stock had previously closed at $3.32.

Gaotu Techedu Stock Performance

The company has a market capitalization of $838.31 million, a P/E ratio of -8.71 and a beta of 0.23. The business has a 50 day moving average of $3.62 and a 200-day moving average of $3.51.

Gaotu Techedu (NYSE:GOTU - Get Free Report) last released its quarterly earnings data on Tuesday, August 26th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.16) by $0.04. Gaotu Techedu had a negative return on equity of 37.66% and a negative net margin of 12.97%.The company had revenue of $27.09 million for the quarter, compared to analyst estimates of $182.85 million. Gaotu Techedu has set its Q3 2025 guidance at EPS.

Hedge Funds Weigh In On Gaotu Techedu

Institutional investors have recently added to or reduced their stakes in the business. Prime Capital Investment Advisors LLC bought a new position in Gaotu Techedu in the 2nd quarter worth about $36,000. Quadrature Capital Ltd bought a new position in Gaotu Techedu in the 2nd quarter worth about $42,000. Two Sigma Advisers LP bought a new position in Gaotu Techedu in the 4th quarter worth about $41,000. Walleye Trading LLC increased its stake in Gaotu Techedu by 110.1% in 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 during the last quarter. Finally, PFG Investments LLC bought a new position in Gaotu Techedu in the 1st quarter worth about $76,000. 48.42% of the stock is currently owned by institutional investors.

Gaotu Techedu Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.