Chegg, Inc. (CHGG): A Bear Case Theory
We came across a bearish thesis on Chegg, Inc. (CHGG) on The Chop Wood, Carry Water Newsletter’s Substack by Alexandru Dragut. In this article, we will summarize the bears’ thesis on CHGG.
No. | Hedge Fund | Shares | Value | Activity | % Port |
---|---|---|---|---|---|
1. | 74,932,000 | $71,887,888 | +8% | 0.06% | |
2. | 51,083,000 | $38,823,080 | +37% | 0.03% | |
3. | 36,100,000 | $34,656,000 | 1.11% | ||
4. | 37,000,000 | $28,027,500 | -13% | 0.75% | |
5. | 28,885,000 | $22,001,705 | -13% | 0.02% |
Insider | Price | Amount | Relationship | Remaining Holdings | Date | Form 4 |
---|---|---|---|---|---|---|
$28.19 | 20,000 | Officer | 61,836 | 2021-12-01 | Filing | |
$28.54 | 35,470 | Director | 80,470 | 2021-12-02 | Filing | |
$28.81 | 16,259 | Officer, Director | 49,000 | 2021-12-01 | Filing | |
$27.97 | 8,741 | Officer, Director | 32,741 | 2021-12-01 | Filing | |
$84.04 | 1,189 | Director | 11,460 | 2020-08-06 | Filing |
Insider | Price | Amount | Relationship | Remaining Holdings | Date | Form 4 |
---|---|---|---|---|---|---|
$10.41 | 1,350 | Officer | 421,025 | 2023-12-13 | Filing | |
$10.13 | 630 | Officer | 426,802 | 2023-12-04 | Filing | |
$10.02 | 16,921 | Officer | 91,922 | 2023-11-27 | Filing | |
$10.06 | 1,547 | Officer | 429,501 | 2023-09-13 | Filing | |
$10.60 | 818 | Officer | 434,816 | 2023-09-05 | Filing |
No. | Name | Shares | Value | % Port |
---|---|---|---|---|
1. | 11,630,011 | $132,116,925 | 0% | |
2. | 10,721,514 | $121,796,400 | 0% | |
3. | 4,682,387 | $53,191,915 | 0.04% | |
4. | 52,400,000 | $48,136,160 | 0.01% | |
5. | 44,459,000 | $41,013,462 | 0.39% |