Avalon Global Asset Management Has Trimmed Chegg (CHGG) Stake by $1.71 Million as Market Valuation Rose; Gabelli Divd & Income Tr (GDV) Holder Weiss Asset Management LP Trimmed Its Holding

Chegg, Inc. (NYSE:CHGG) Logo

Avalon Global Asset Management Llc decreased its stake in Chegg Inc (CHGG) by 28.09% based on its latest 2019Q1 regulatory filing with the SEC. Avalon Global Asset Management Llc sold 45,000 shares as the company’s stock rose 29.30% . The hedge fund held 115,200 shares of the consumer services company at the end of 2019Q1, valued at $4.39M, down from 160,200 at the end of the previous reported quarter. Avalon Global Asset Management Llc who had been investing in Chegg Inc for a number of months, seems to be less bullish one the $4.73 billion market cap company. The stock decreased 0.15% or $0.06 during the last trading session, reaching $39.54. About 1.76M shares traded or 16.87% up from the average. Chegg, Inc. (NYSE:CHGG) has risen 76.36% since August 16, 2018 and is uptrending. It has outperformed by 76.36% the S&P500. Some Historical CHGG News: 03/04/2018 – CHEGG CLOSES OFFERING OF $300M OF 0.25% CONV. SR 2023 NOTES; 26/04/2018 – CHEGG 1Q ADJ EPS 10C, EST. 9.0C; 26/04/2018 – Chegg 1Q Loss/Shr 2c; 28/03/2018 – CHEGG AMENDS CREDIT PACT WITH WELLS ON METRIC DEFINITIONS; 14/05/2018 – Easy Solutions Launches Facial Recognition with SelflD™; 26/04/2018 – Chegg Sees 2Q Rev $69M-$71M; 26/04/2018 – CHEGG INC – QTRLY NET LOSS PER SHARE, $0.02

Weiss Asset Management Lp decreased its stake in Gabelli Divd & Income Tr (GDV) by 58.4% based on its latest 2019Q1 regulatory filing with the SEC. Weiss Asset Management Lp sold 47,568 shares as the company’s stock 0.00% . The hedge fund held 33,883 shares of the company at the end of 2019Q1, valued at $717,000, down from 81,451 at the end of the previous reported quarter. Weiss Asset Management Lp who had been investing in Gabelli Divd & Income Tr for a number of months, seems to be less bullish one the $1.66 billion market cap company. The stock decreased 0.54% or $0.11 during the last trading session, reaching $20.29. About 149,575 shares traded or 11.52% up from the average. The Gabelli Dividend & Income Trust (NYSE:GDV) has 0.00% since August 16, 2018 and is . It has by 0.00% the S&P500.

Weiss Asset Management Lp, which manages about $1.80B and $1.18 billion US Long portfolio, upped its stake in Vantage Energy Acquisition by 2.05M shares to 3.93 million shares, valued at $40.20 million in 2019Q1, according to the filing. It also increased its holding in Gigcapital Inc by 632,499 shares in the quarter, for a total of 1.42M shares, and has risen its stake in Big Rock Partners Acquisi Co.

More notable recent The Gabelli Dividend & Income Trust (NYSE:GDV) news were published by: Seekingalpha.com which released: “Mastercard: Why I’m Not Interested In Taking Profits – Seeking Alpha” on August 05, 2019, also Seekingalpha.com with their article: “GAB: Is This ~10% Yielder A Buy? – Seeking Alpha” published on May 03, 2018, Fool.com published: “4 Vital Mastercard Metrics to Watch in 2019 – The Motley Fool” on December 05, 2018. More interesting news about The Gabelli Dividend & Income Trust (NYSE:GDV) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About Vicor Corp (VICR) – Yahoo Finance” published on May 02, 2019 as well as Seekingalpha.com‘s news article titled: “Mastercard: When Growth Beats Value – Seeking Alpha” with publication date: April 01, 2019.

Investors sentiment increased to 1.26 in Q1 2019. Its up 0.33, from 0.93 in 2018Q4. It increased, as 9 investors sold GDV shares while 22 reduced holdings. 12 funds opened positions while 27 raised stakes. 13.51 million shares or 5.53% less from 14.30 million shares in 2018Q4 were reported. Bb&T Secs Ltd has 0% invested in The Gabelli Dividend & Income Trust (NYSE:GDV) for 12,701 shares. Institute For Wealth Limited Co accumulated 0.12% or 25,135 shares. Suntrust Banks Incorporated stated it has 13,356 shares or 0% of all its holdings. 15,480 are held by First Republic Inv Mgmt. 659 are owned by Advisory Networks Ltd Limited Liability Company. Whittier Tru Of Nevada Incorporated, a Nevada-based fund reported 2,500 shares. Tompkins Corporation has 695 shares for 0% of their portfolio. Thomas J Herzfeld Advisors accumulated 2,949 shares. Covington Cap Management reported 0% in The Gabelli Dividend & Income Trust (NYSE:GDV). Ls Investment Ltd Co has 0% invested in The Gabelli Dividend & Income Trust (NYSE:GDV) for 1,000 shares. 2,500 are owned by Us Retail Bank De. Lpl Finance Limited Liability Com has invested 0% of its portfolio in The Gabelli Dividend & Income Trust (NYSE:GDV). Moreover, Focused Wealth Management Inc has 0.01% invested in The Gabelli Dividend & Income Trust (NYSE:GDV) for 1,225 shares. Fifth Third Bank accumulated 13,300 shares or 0% of the stock. Private Advisor Grp Ltd Liability reported 10,933 shares.

More notable recent Chegg, Inc. (NYSE:CHGG) news were published by: Finance.Yahoo.com which released: “Have Insiders Been Selling Chegg, Inc. (NYSE:CHGG) Shares This Year? – Yahoo Finance” on May 13, 2019, also Finance.Yahoo.com with their article: “Why National Oilwell Varco, Trex, and Chegg Jumped Today – Yahoo Finance” published on July 30, 2019, Benzinga.com published: “5 Stocks Moving In Monday’s After-Hours Session – Benzinga” on July 29, 2019. More interesting news about Chegg, Inc. (NYSE:CHGG) were released by: Finance.Yahoo.com and their article: “Why Chegg Stock Popped Today – Yahoo Finance” published on July 30, 2019 as well as Seekingalpha.com‘s news article titled: “Chegg Is A Long Term Winner Worth Buying On Weakness – Seeking Alpha” with publication date: June 03, 2019.

Chegg, Inc. (NYSE:CHGG) Institutional Positions Chart

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