The VP, Corp. Contr of Chegg (NYSE: CHGG) is Selling Shares

By Carrie Williams

Yesterday, the VP, Corp. Contr of Chegg (CHGGResearch Report), Robin Tomasello, sold shares of CHGG for $167.6K.

Following Robin Tomasello’s last CHGG Sell transaction on March 16, 2018, the stock climbed by 16.3%.

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Based on Chegg’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $94.15 million and GAAP net loss of $11.48 million. In comparison, last year the company earned revenue of $74.24 million and had a GAAP net loss of $13.71 million. The company has a one-year high of $48.22 and a one-year low of $25.16. Currently, Chegg has an average volume of 898.02K.

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Chegg, Inc. engages in the operations of learning platform for students. It intends to empower students to take control of their education and help the students study, college admissions exams, accomplish their goals, get grades, and test scores.