17,400 Shares in Gaotu Techedu Inc. (NYSE:GOTU) Bought by Catalyst Funds Management Pty Ltd

Catalyst Funds Management Pty Ltd acquired a new position in shares of Gaotu Techedu Inc. (NYSE:GOTU) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,400 shares of the company’s stock, valued at approximately $38,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new stake in Gaotu Techedu during the 3rd quarter worth $38,000. Pinpoint Asset Management Ltd grew its position in Gaotu Techedu by 14.3% during the 3rd quarter. Pinpoint Asset Management Ltd now owns 229,445 shares of the company’s stock worth $899,000 after acquiring an additional 28,776 shares during the last quarter. Barclays PLC grew its position in Gaotu Techedu by 87.8% during the 3rd quarter. Barclays PLC now owns 73,008 shares of the company’s stock worth $286,000 after acquiring an additional 34,133 shares during the last quarter. GSA Capital Partners LLP grew its position in Gaotu Techedu by 249.7% during the 3rd quarter. GSA Capital Partners LLP now owns 90,881 shares of the company’s stock worth $356,000 after acquiring an additional 64,896 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC bought a new stake in Gaotu Techedu during the 3rd quarter worth $337,000. Institutional investors own 48.42% of the company’s stock.

Gaotu Techedu Stock Up 6.2 %

Shares of GOTU stock opened at $3.68 on Monday. The firm has a market capitalization of $953.92 million, a P/E ratio of -6.45 and a beta of 0.10. Gaotu Techedu Inc. has a twelve month low of $1.87 and a twelve month high of $8.44. The stock’s fifty day simple moving average is $2.60 and its 200 day simple moving average is $2.80.

Gaotu Techedu 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.