CHEGG Readies for Earnings Report Amid Mixed Hedge Fund Activity
CHEGG ($CHGG) is scheduled to announce its quarterly earnings on Monday, February 24th, after the market closes, according to Finnhub. Analysts forecast revenue will reach $144,888,735, with earnings estimated at $0.18 per share.
For insights on insider trading and hedge fund movements, explore Quiver Quantitative’s $CHGG stock page.
Recent Hedge Fund Engagements with CHEGG
During the latest quarter, 93 institutional investors have added to their positions in CHEGG, while 130 have downsized their investments.
Noteworthy moves included:
- SYLEBRA CAPITAL LLC divested 2,175,856 shares (-100.0%) in Q4 2024, with a total value of $3,503,128.
- VOSS CAPITAL, LP acquired 1,785,003 shares (+inf%) in Q4 2024, amounting to approximately $2,873,854.
- DIMENSIONAL FUND ADVISORS LP sold 1,302,151 shares (-37.8%) in Q4 2024, translating to around $2,096,463.
- KNIGHTSBRIDGE ASSET MANAGEMENT, LLC added 1,276,420 shares (+inf%) in Q4 2024, valued at roughly $2,055,036.
- FIRST TRUST ADVISORS LP completely exited with 1,212,854 shares (-100.0%) in Q4 2024, corresponding to about $1,952,694.
- D. E. SHAW & CO., INC. reduced their holdings by 1,072,960 shares (-21.1%) in Q4 2024, impacting their portfolio by approximately $1,727,465.
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP significantly increased their stake by 1,042,136 shares (+247.0%) in Q4 2024, amounting to about $1,677,838.
For ongoing tracking of hedge funds’ stock portfolios, visit Quiver Quantitative’s institutional holdings dashboard.
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