CheggCHGG
About: Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks, and eTextbooks offerings.
Employees: 1,271
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
137% more call options, than puts
Call options by funds: $3.42M | Put options by funds: $1.44M
32% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 44
2.57% less ownership
Funds ownership: 80.0% [Q3] → 77.43% (-2.57%) [Q4]
5% less funds holding
Funds holding: 188 [Q3] → 179 (-9) [Q4]
11% less capital invested
Capital invested by funds: $147M [Q3] → $130M (-$16.5M) [Q4]
13% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 46
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Piper Sandler Arvind Ramnani 37% 1-year accuracy 24 / 65 met price target | 27%upside $1 | Underweight Maintained | 25 Feb 2025 |
Morgan Stanley Josh Baer 50% 1-year accuracy 7 / 14 met price target | 58%upside $1.25 | Underweight Downgraded | 14 Jan 2025 |
Financial journalist opinion
Based on 13 articles about CHGG published over the past 30 days
