2u, Inc. (TWOU) Files Form 4 Insider Buying : Edward S. Macias Buys 893 Shares

2u, Inc. (TWOU): Edward S. Macias , director of 2u, Inc. purchased 893 shares on Jun 1, 2016. The Insider buying transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were purchased at $27.90 per share for a total value of $24,914.70 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, John M Larson (director) sold 16,666 shares at $27.24 per share price.On Mar 14, 2016, Mark Chernis (director) sold 4,500 shares at $22.81 per share price.Also, On Mar 2, 2016, Edward S. Macias (director) purchased 1,136 shares at $22.41 per share price.On Oct 8, 2015, James Kenigsberg (Chief Technology Officer) sold 4,956 shares at $31.69 per share price.

2U Inc: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in 2U Inc which led to swings in the share price. The shares opened for trading at $27.8 and hit $28.04 on the upside , eventually ending the session at $27.97, with a gain of 0.47% or 0.13 points. The heightened volatility saw the trading volume jump to 3,67,348 shares. The 52-week high of the share price is $39.69 and the company has a market cap of $1,299 M . The 52-week low of the share price is at $14.94.

2U Inc Money Flow Index Chart

2U Inc. is a provider of an integrated solution comprised of cloud-based software-as-a-service (SaaS) combined with technology-enabled services (together the Platform) that allows colleges and universities to deliver online degree programs. The Company’s SaaS technology consists of an online learning environment Online Campus which acts as the hub for student and faculty academic and social interaction and operations applications which provide the content management admissions application processing customer relationship management and other necessary functionalities. The Company also provides technology-enabled services that support the complete lifecycle of a higher education program including attracting students advising prospective students through the admissions application process providing technical success coaching and other support facilitating accessibility to individuals with disabilities and facilitating in-program field placements.

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