Positions for Chegg Inc (NYSE:CHGG)

In Q3 2018 Chegg Inc (NYSE:CHGG) big money sentiment increased to 1.14, according to SEC.gov filings. That’s up 0.23, from 2018Q2’s 0.91. 97 hedge funds opened new and increased stock positions, while 85 sold and trimmed positions in Chegg Inc so the sentiment improved. Funds own 111.12 million shares, down from 114.32 million shares in 2018Q2. Funds holding Chegg Inc in top 10 decreased from 13 to 12 for a decrease of 1. 17 Investors Sold All; 68 Reduced Holdings; 52 increased stakes while 45 hedge funds bought stakes.

Largest Chegg Inc Investors

Millennium Tvp Management Co. Llc owns 1.00 million shares in Chegg Inc as of Q3 2018. As of Q3 2018, 6.64 million shares of Chegg Inc are owned by Sylebra Hk Co Ltd. Moreover, Act Ii Management Lp reported 437,758 shares in Chegg Inc equivalent to 8.69% of its US long equity exposure. Selkirk Management Llc revealed 323,000 shares position in Chegg Inc. The Delaware-based fund Ashford Capital Management Inc holds 1.32 million shares or 4.54% of their US long equity exposure.

Chegg, Inc. operates student-first connected learning platform that help students transition from high school to college to career.The firm is valued at $4.05 billion. The companyÂ’s services and products help students to study for college admission exams, find the right college to accomplish their goals, get better grades and test scores while in school, and find internships that allow them to gain skills to help them enter the workforce after college.Currently it has negative earnings. It offers print textbook and eTextbook library for rent and sale; and provides eTextbooks, supplemental materials, Chegg Study service, tutoring service, writing tools, textbook buyback, test preparation service, internships, and college admissions and scholarship services, as well as enrollment marketing and brand advertising services.

CHGG touched $35.28 during the last trading session after $0.37 change.Chegg, Inc. has volume of 587,385 shares. Since February 7, 2018 CHGG has risen 99.19% and is uptrending. The stock outperformed the S&P500 by 99.19%.

Chegg, Inc. (NYSE:CHGG)’s quarterly earnings will be reported on February, 11., RTT reports. Analysts predict $0.10 earnings per share. That’s $0.04 up or 66.67 % from 2018’s earnings of $0.06. The profit will be $11.49M for CHGG if $0.10 earnings per share becomes true. Last quarter $-0.05 earnings per share was reported. Analysts predicts -300.00 % EPS growth this quarter.

Timessquare Cap Mgmt stated it has 2.08M shs or 0.39% of all its holdings. Barclays Public Ltd invested 0% in Chegg, Inc. (NYSE:CHGG). Penbrook Mgmt Ltd Liability Corp holds 84,555 shs or 2.3% of its capital. Acadian Asset Mngmt Ltd Limited Liability Company accumulated 235 shs or 0% of the stock. Ubs Asset Mngmt Americas has 0% invested in Chegg, Inc. (NYSE:CHGG). Primecap Mngmt Co Ca has invested 0.19% in Chegg, Inc. (NYSE:CHGG). Dorsey Wright &, California-based fund reported 870 shs. The Australia-based Macquarie has invested 0.01% in Chegg, Inc. (NYSE:CHGG). Elk Creek Prtn Limited Company has 441,252 shs for 0.68% of their capital. Penn Capital Management Company owns 342,463 shs for 0.81% of their capital. Fifth Third Savings Bank stated it has 2,410 shs. 2.17 million are held by Emerald Mutual Fund Advisers Trust. Driehaus Cap Management Limited Liability Co has invested 0.08% in Chegg, Inc. (NYSE:CHGG). State Of Tennessee Treasury Department holds 0% or 1,966 shs in its capital. J Goldman And L P accumulated 79,583 shs or 0.16% of the stock.

Chegg, Inc. registered $26.34 million net activity with 0 insider purchases and 15 sales since August 14, 2018. Another trade for 15,000 shs valued at $424,650 was sold by BORDERS DAVE JR.. $1.70 million worth of Chegg, Inc. (NYSE:CHGG) was sold by BROWN ANDREW J. $727,500 worth of stock was sold by York John E. on Tuesday, August 14. On Thursday, December 13 $1.00M worth of stock was sold by SCHLEIN TED. On Wednesday, January 2 the insider BRANDEMUEHL JENNY sold $700,000.

Chegg, Inc. (NYSE:CHGG) Ratings Coverage

Total analysts of 2 have positions in Chegg (NYSE:CHGG) as follows: 1 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 50%. Since October 30, 2018 according to StockzIntelligence Inc Chegg has 2 analyst reports. On Tuesday, October 30 the stock has “Hold” rating by Jefferies. In Tuesday, October 30 report First Analysis upgraded it to “Outperform” rating and $30 target.

For more Chegg, Inc. (NYSE:CHGG) news published recently go to: Seekingalpha.com, Gurufocus.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Chegg Is A Long-Term Winner With Lots Of Runway Left – Seeking Alpha” published on November 01, 2018, “The Purdue University Online Writing Lab and Chegg Partner to Make World-Class Writing Education Tools More Accessible – GuruFocus.com” on February 07, 2019, “Hanes Brands: Quantifying The Champion Story – Seeking Alpha” with a publish date: January 10, 2019, “Chegg: An All-Digital Experience – Seeking Alpha” and the last “Chegg: Gathering Steam, But Overvalued – Seeking Alpha” with publication date: November 01, 2018.