Insider Sale by Zhou Chenggang (Dir)
Trade Summary
4 days ago, Zhou Chenggang, serving as Dir at New Oriental Education & Technology Group Inc. (EDU), sold 70,000 shares at $56.73 per share, for a total transaction value of $3,971,443.48. Following this transaction, Zhou Chenggang now holds 429,998 shares of EDU.
This sale represents a 14.00% decrease in Zhou Chenggang's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, August 7, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, August 11, 2026 at 6:17 AM ET, 4 days after the trade was made.
New Oriental Education & Technology Group Inc. operates in the CONSUMER DEFENSIVE sector, specifically within the EDUCATION & TRAINING SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$56.73
Quantity
70,000
Total Value
$3,971,443.48
Shares Owned
429,998
Trade Date
4 days ago
SEC Filing Date
at 6:17 AM ET
Filed 4 days after trade
Discussion