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Chegg Inc (CHGG) PRESIDENT, CEO & CO-CHAIRMAN Daniel Rosensweig Sold $6.1 million of Shares

PRESIDENT, CEO & CO-CHAIRMAN of Chegg Inc (30-Year Financial, Insider Trades) Daniel Rosensweig (insider trades) sold 150,000 shares of CHGG on 08/20/2019 at an average price of $40.69 a share. The total sale was $6.1 million.

Chegg Inc is a student-first connected learning platform empowering students to take control of their education to save time and money. It offers its products and services under Chegg services and required materials categories. Chegg Inc has a market cap of $4.89 billion; its shares were traded at around $40.86 with and P/S ratio of 13.15. GuruFocus has detected 1 severe warning sign with Chegg Inc. .

CEO Recent Trades:

  • PRESIDENT, CEO & CO-CHAIRMAN Daniel Rosensweig sold 150,000 shares of CHGG stock on 08/20/2019 at the average price of $40.69. The price of the stock has increased by 0.42% since.

Directors and Officers Recent Trades:

  • CHIEF PEOPLE OFFICER Jenny Brandemuehl sold 50,420 shares of CHGG stock on 08/13/2019 at the average price of $41.58. The price of the stock has decreased by 1.73% since.
  • CHIEF FINANCIAL OFFICER Andrew J Brown sold 143,754 shares of CHGG stock on 08/06/2019 at the average price of $42.93. The price of the stock has decreased by 4.82% since.
  • CHIEF FINANCIAL OFFICER Andrew J Brown sold 200,000 shares of CHGG stock on 08/01/2019 at the average price of $44.82. The price of the stock has decreased by 8.84% since.
  • GENERAL COUNSEL Dave Jr. Borders sold 6,654 shares of CHGG stock on 08/01/2019 at the average price of $44.76. The price of the stock has decreased by 8.71% since.
  • CHIEF MARKETING OFFICER Esther Lem sold 50,000 shares of CHGG stock on 08/01/2019 at the average price of $44.76. The price of the stock has decreased by 8.71% since.

For the complete insider trading history of CHGG, click here

.This article first appeared on GuruFocus.