CHGG Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own CHGG shares is 258, representing 82.55% of the company's common stock.

SYLEBRA CAPITAL LLC, in the last quarter, reduced its stake in CHGG by -19.59% restricting it's holding to 7.57 million shares of worth nearly $57.28M. VANGUARD GROUP INC also lessened -4.45% of the CHGG shares from its portfolio, reducing its holding to 11.11 million shares of worth $84.12M. BAILLIE GIFFORD & CO also shunned CHGG shares holding by -44.92% last quarter which brought its holding to 2.58 million shares worth $19.52M.

As per its latest 13F filing, D. E. SHAW & CO., INC. increased its stake in CHGG by 16.02% in the last quarter. The institutional holder raised its holding to 5.62 million shares having worth more than $42.52M. DIMENSIONAL FUND ADVISORS LP also added 56.76% more shares of CHGG to its portfolio, raising its holding to 4.15 million shares of worth $31.43M. UBS ASSET MANAGEMENT AMERICAS INC also increased its CHGG shares holding by 86.46% which brought its holding to 3.55 million shares worth $26.88M.

The insider with the most stakes in CHGG is Schultz Nathan J. , CHIEF OPERATING OFFICER at the company. Additionally, CHGG stock is highly held by CIO AND CHIEF OUTCOMES OFFICER Osier Michael A. and GENERAL COUNSEL BORDERS DAVE JR. among others.

Company executives, directors, and other insiders own 4.25% percent of Chegg, Inc.'s stock. Within the last six months, there have been 0 transaction(s) in which CHGG insiders have sold stock, totaling 0 shares. Insiders that have sold shares include SCHULTZ NATHAN J., BROWN ANDREW J, and LEM ESTHER.

There have been 0 transaction(s) during the past 6-months in which Chegg, Inc. insiders have bought stock, totalling 0 shares

Around 0 Chegg, Inc. shares are held by insiders, which represents about 4.25% of CHGG stock.

CHGG CHIEF OPERATING OFFICER, Schultz Nathan J. holds the largest portfolio of the company's shares. CHGG shares owned by Schultz total nearly 421.03 thousand.

SYLEBRA CAPITAL LLC is the largest institutional owner in CHGG which holds 7.57 million shares worth $57.28M or 6.5% of the total CHGG shares outstanding followed by VANGUARD GROUP INC with ownership of 11.11 million shares representing 9.54% of the CHGG ownership. D. E. SHAW & CO., INC. is the third largest stakeholder with 5.62 million shares or 4.82% of the ownership worth more than $42.52M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the CHGG is concerned, it is a stock which is optionable.

Number of CHGG shares short is 9.94M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 104.31M shares of CHGG are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, CHGG has 94.54M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for CHGG is 2.56.