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2u Inc (TWOU) COO Mark Chernis Bought $498,908 of Shares

COO of 2u Inc (30-Year Financial, Insider Trades) Mark Chernis (insider trades) bought 32,250 shares of TWOU on 08/14/2019 at an average price of $15.47 a share. The total cost of this purchase was $498,908.

2U Inc is engaged in providing cloud-based software-as-a-service platform. Its platform enables nonprofit colleges and universities to deliver education to qualified students anywhere. 2U Inc has a market cap of $1.05 billion; its shares were traded at around $16.59 with and P/S ratio of 2.07. 2U Inc had annual average EBITDA growth of 24.70% over the past five years. GuruFocus has detected 2 severe warning signs with 2U Inc. .

Directors and Officers Recent Trades:

  • COO Mark Chernis bought 32,250 shares of TWOU stock on 08/14/2019 at the average price of $15.47. The price of the stock has increased by 7.24% since.
  • Director John M Larson bought 50,000 shares of TWOU stock on 08/09/2019 at the average price of $15.1. The price of the stock has increased by 9.87% since.
  • Director Edward S. Macias bought 3,489 shares of TWOU stock on 08/08/2019 at the average price of $14.36. The price of the stock has increased by 15.53% since.
  • Director Gregory K Peters bought 72,358 shares of TWOU stock on 08/07/2019 at the average price of $13.95. The price of the stock has increased by 18.92% since.
  • Director Robert M Stavis bought 75,000 shares of TWOU stock on 08/07/2019 at the average price of $13.43. The price of the stock has increased by 23.53% since.

For the complete insider trading history of TWOU, click here

.This article first appeared on GuruFocus.