about chegg: as the leading student-first connected learning platform, chegg's student hub makes higher education more affordable and more accessible, all while improving student outcomes. chegg is a publicly-held company based in santa clara, ca with offices in san francisco, new york, portland, india, israel, berlin, and ukraine. chegg student hub services includes; chegg study, tutoring, writing tools, math help, test prep, careers search, internship admissions, and college admissions. video shorts - life at chegg: https://jobs.chegg.com/video-shorts-chegg-services certified great place to work!: http://reviews.greatplacetowork.com/chegg for more information: https://jobs.chegg.com/ chegg is an equal opportunity employer
Company profile
Ticker
CHGG
Exchange
Website
CEO
Daniel Rosensweig
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CHEGG INC
SEC CIK
Corporate docs
Subsidiaries
Cramster Inc. • Cramster Holding Corp. • Chegg Holding Corporation • Chegg India Private Limited • Chegg M.E. Ltd. • Imagine Easy Solutions, LLC • Imagine Easy Technology Solutions GmbH • Thinkful, Inc. • Mathway LLC • Verbling, Inc. ...
IRS number
203237489
CHGG stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
5 Mar 24
10-K
2023 FY
Annual report
20 Feb 24
8-K
Results of Operations and Financial Condition
5 Feb 24
8-K
Other Events
15 Nov 23
10-Q
2023 Q3
Quarterly report
30 Oct 23
8-K
Results of Operations and Financial Condition
30 Oct 23
S-8
Registration of securities for employees
11 Oct 23
8-K
Other Events
23 Aug 23
10-Q
2023 Q2
Quarterly report
7 Aug 23
8-K
Results of Operations and Financial Condition
7 Aug 23
Transcripts
CHGG
Earnings call transcript
2023 Q4
5 Feb 24
CHGG
Earnings call transcript
2023 Q3
30 Oct 23
CHGG
Earnings call transcript
2023 Q2
7 Aug 23
CHGG
Earnings call transcript
2023 Q1
1 May 23
CHGG
Earnings call transcript
2022 Q4
6 Feb 23
CHGG
Earnings call transcript
2022 Q3
1 Nov 22
CHGG
Earnings call transcript
2022 Q2
5 Aug 22
CHGG
Earnings call transcript
2022 Q1
3 May 22
CHGG
Earnings call transcript
2021 Q4
8 Feb 22
CHGG
Earnings call transcript
2021 Q3
2 Nov 21
Latest ownership filings
4
Nathan J. Schultz
14 Mar 24
4
DANIEL ROSENSWEIG
14 Mar 24
SC 13G/A
BlackRock Inc.
7 Mar 24
4
Nathan J. Schultz
5 Mar 24
4
DANIEL ROSENSWEIG
5 Mar 24
4
Nathan J. Schultz
23 Feb 24
SC 13G
D. E. SHAW & CO, L.P.
15 Feb 24
SC 13G
SYLEBRA CAPITAL LLC
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
BlackRock Inc.
24 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 96.62 mm | 96.62 mm | 96.62 mm | 96.62 mm | 96.62 mm | 96.62 mm |
Cash burn (monthly) | 26.99 mm | (no burn) | 19.29 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 160.46 mm | n/a | 114.68 mm | n/a | n/a | n/a |
Cash remaining | -63.83 mm | n/a | -18.06 mm | n/a | n/a | n/a |
Runway (months of cash) | -2.4 | n/a | -0.9 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 237 |
Opened positions | 48 |
Closed positions | 36 |
Increased positions | 82 |
Reduced positions | 73 |
13F shares | Current |
---|---|
Total value | 914.86 bn |
Total shares | 103.50 mm |
Total puts | 2.21 mm |
Total calls | 2.29 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 10.82 mm | $96.52 bn |
BLK Blackrock | 10.35 mm | $92.31 bn |
Baillie Gifford & Co | 9.92 mm | $88.48 bn |
Sylebra Capital | 6.87 mm | $61.29 bn |
Sylebra Capital | 6.87 mm | $61.29 bn |
Sands Capital Management | 4.78 mm | $42.66 bn |
D. E. Shaw & Co. | 4.69 mm | $41.86 bn |
Jacobs Levy Equity Management | 2.66 mm | $23.76 bn |
STT State Street | 2.60 mm | $23.21 bn |
Geode Capital Management | 2.35 mm | $20.98 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Mar 24 | Nathan J. Schultz | Common Stock | Payment of exercise | Dispose F | No | No | 8.02 | 9,697 | 77.77 k | 221,105 |
12 Mar 24 | Nathan J. Schultz | Common Stock | Payment of exercise | Dispose F | No | No | 8.02 | 26,983 | 216.40 k | 230,802 |
12 Mar 24 | Daniel Rosensweig | Common Stock | Payment of exercise | Dispose F | No | No | 8.02 | 22,796 | 182.82 k | 1,783,101 |
12 Mar 24 | Daniel Rosensweig | Common Stock | Payment of exercise | Dispose F | No | No | 8.02 | 48,898 | 392.16 k | 1,805,897 |
1 Mar 24 | Nathan J. Schultz | Common Stock | Payment of exercise | Dispose F | No | No | 9.04 | 730 | 6.60 k | 257,785 |
1 Mar 24 | Nathan J. Schultz | Common Stock | Payment of exercise | Dispose F | No | No | 9.04 | 863 | 7.80 k | 258,515 |
1 Mar 24 | Daniel Rosensweig | Common Stock | Payment of exercise | Dispose F | No | No | 9.04 | 1,952 | 17.65 k | 1,854,335 |
1 Mar 24 | Daniel Rosensweig | Common Stock | Payment of exercise | Dispose F | No | No | 9.04 | 1,499 | 13.55 k | 1,856,287 |
12 Jan 24 | David Longo | Common Stock | Payment of exercise | Dispose F | No | No | 11.1 | 1,324 | 14.70 k | 63,925 |
News
The Analyst Landscape: 7 Takes On Chegg
11 Mar 24
JP Morgan Assumes Chegg at Neutral, Announces Price Target of $9
11 Mar 24
5 Things To Know In Investing This Week
7 Feb 24
JP Morgan Maintains Neutral on Chegg, Lowers Price Target to $9
6 Feb 24
Why FMC Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
6 Feb 24
Press releases
Chegg Appoints Deena Bahri as Chief Marketing Officer
27 Mar 24
Fuel Me Secures $18 Million in Oversubscribed Series A to Redefine Fuel Procurement as We Know It
20 Mar 24
Chegg Announces 2nd Annual Global Student Mental Health Week Amid Growing Loneliness Epidemic
13 Feb 24
Chegg Appoints David Longo as Chief Financial Officer
5 Feb 24
Chegg Reports 2023 Fourth Quarter and Full Year Financial Results
5 Feb 24