2u partners with leading colleges and universities to deliver the world’s best online degree programs so students everywhere can reach their full potential. our platform, a fusion of cloud-based software-as-a-service technology and technology-enabled services, provides schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support and graduate students globally. blending live face-to-face classes, dynamic course content and real-world learning experiences, 2u’s no back row® approach ensures that every qualified student can experience the highest quality university education for the most successful outcome. to learn more, go to 2u.com. be sure to follow us on twitter (twitter.com/2uinc), instagram (http://instagram.com/2uinc) and facebook (facebook.com/2u).
Company profile
Ticker
TWOU
Exchange
Website
CEO
Christopher Paucek
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Mobileye Global • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Ceridian HCM Holding ...
Former names
2tor, Inc.
SEC CIK
Corporate docs
Subsidiaries
CritiqueIt, Inc. • edX LLC • edX Boot Camps LLC • 2U HK LLC • 2U Harkins Road LLC • 2U KEIH Holdco, LLC • 2U NYC, LLC • 2U GetSmarter, LLC • 2U GetSmarter (US), LLC • TESI Merger Sub, Inc. ...
TWOU stock data
Latest filings (excl ownership)
8-K
2U, Inc. Announces Leadership Transition
17 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
2U Reports Results for Third Quarter 2023
9 Nov 23
8-K
Regulation FD Disclosure
3 Oct 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
2U Reports Results for Second Quarter 2023
8 Aug 23
8-K
Other Events
27 Jul 23
S-8
Registration of securities for employees
11 Jul 23
S-8
Registration of securities for employees
14 Jun 23
8-K
Submission of Matters to a Vote of Security Holders
9 Jun 23
Transcripts
TWOU
Earnings call transcript
2023 Q3
9 Nov 23
TWOU
Earnings call transcript
2023 Q2
8 Aug 23
TWOU
Earnings call transcript
2023 Q1
26 Apr 23
TWOU
Earnings call transcript
2022 Q4
2 Feb 23
TWOU
Earnings call transcript
2022 Q3
8 Nov 22
TWOU
Earnings call transcript
2022 Q2
29 Jul 22
TWOU
Earnings call transcript
2022 Q1
8 May 22
TWOU
Earnings call transcript
2021 Q4
10 Feb 22
TWOU
Earnings call transcript
2021 Q3
10 Nov 21
TWOU
Earnings call transcript
2021 Q2
30 Jul 21
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 53.85 mm | 53.85 mm | 53.85 mm | 53.85 mm | 53.85 mm | 53.85 mm |
| Cash burn (monthly) | 4.28 mm | 10.94 mm | 15.78 mm | 23.92 mm | 6.23 mm | 429.25 k |
| Cash used (since last report) | 10.13 mm | 25.89 mm | 37.33 mm | 56.59 mm | 14.75 mm | 1.02 mm |
| Cash remaining | 43.72 mm | 27.96 mm | 16.52 mm | -2.74 mm | 39.10 mm | 52.84 mm |
| Runway (months of cash) | 10.2 | 2.6 | 1.0 | -0.1 | 6.3 | 123.1 |
Institutional ownership, Q3 2023
87.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 156 |
| Opened positions | 21 |
| Closed positions | 31 |
| Increased positions | 48 |
| Reduced positions | 47 |
| 13F shares | Current |
|---|---|
| Total value | 172.84 bn |
| Total shares | 71.94 mm |
| Total puts | 448.40 k |
| Total calls | 2.00 mm |
| Total put/call ratio | 0.2 |
| Largest owners | Shares | Value |
|---|---|---|
| ARK Investment Management | 9.77 mm | $24.12 bn |
| BLK Blackrock | 6.70 mm | $16.55 bn |
| Greenvale Capital | 5.85 mm | $14.44 bn |
| CMTDF Sumitomo Mitsui Trust | 5.37 mm | $13.27 bn |
| Nikko Asset Management Americas | 5.37 mm | $13.27 bn |
| Vanguard | 4.79 mm | $11.82 bn |
| MS Morgan Stanley | 4.16 mm | $10.29 bn |
| D. E. Shaw & Co. | 2.62 mm | $6.47 bn |
| D. E. Shaw & Co | 1.79 mm | $71.50 mm |
| STT State Street | 1.73 mm | $4.28 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Dec 23 | Macias Edward S. | Common Stock | Sell | Dispose S | No | No | 1 | 2,300 | 2.30 k | 87,299 |
| 28 Nov 23 | Heather Hoffert | Common Stock | Payment of exercise | Dispose F | No | No | 1.11 | 1,446 | 1.61 k | 50,655 |
| 2 Oct 23 | Paucek Christopher J | Common Stock | Payment of exercise | Dispose F | No | No | 2.36 | 35,738 | 84.34 k | 1,291,540 |
| 2 Oct 23 | Paul S Lalljie | Common Stock | Payment of exercise | Dispose F | No | No | 2.36 | 10,777 | 25.43 k | 638,843 |
News
Needham Reiterates Buy on 2U, Maintains $3 Price Target
17 Nov 23
2U, Inc. Announces Leadership Transition; Paul Lalljie Appointed CEO, Joins Board Of Directors; Matthew Norden Appointed CFO; Christopher "Chip" Paucek Departing As CEO And Member Of The Board Of Directors, Becoming Special Advisor
17 Nov 23
Piper Sandler Maintains Neutral on 2U, Lowers Price Target to $1.7-Report released on 10th Nov 2023
13 Nov 23
Piper Sandler Maintains Neutral on 2U, Lowers Price Target to $1.7
13 Nov 23
12 Consumer Discretionary Stocks Moving In Monday's Intraday Session
13 Nov 23