Cheetah Mobile's CFO Buys Over 2.8 Million Shares
Ren Thomas Jintao, CFO of Cheetah Mobile, acquired 2,841,750 shares, boosting his stake significantly.
Key Points
- Ren Thomas Jintao, Cheetah Mobile's CFO, bought 2,841,750 shares on June 22, 2026.
- Shares of NYSE:CMCM traded near $3.50 on Tuesday, with a 52-week range of $3.32 to $9.44.
- Renaissance Technologies increased its holdings by 1,097 shares, while Morgan Stanley reduced its stake by 22,174 shares.
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Ren Thomas Jintao, the Chief Financial Officer of Cheetah Mobile Inc. (NYSE:CMCM), made a notable purchase of 2,841,750 shares on June 22, 2026. This transaction reflects his confidence in the company's prospects as he significantly increased his stake.
What Changed in Ren Thomas Jintao's Cheetah Mobile Position
Ren Thomas Jintao's acquisition of 2,841,750 shares marks a significant move in his holdings of Cheetah Mobile. This purchase was executed on June 22, 2026, and highlights his commitment to the company's future.
Other Institutional Activity in Cheetah Mobile
Among other institutional investors, Renaissance Technologies LLC increased its holdings by 1,097 shares, bringing its total to 32,842 shares valued at approximately $180,959. On the other hand, Morgan Stanley reduced its position by 22,174 shares, ending with 33,480 shares worth about $184,475. Susquehanna International Group, LLP also trimmed its stake by 7,484 shares, resulting in 15,837 shares valued at $87,262.
Cheetah Mobile Inc. Stock Up 5.2%
Shares of Cheetah Mobile traded near $3.50 on Tuesday. The company has a market capitalization of approximately $107.7 million and a forward P/E ratio of 19.28. With a beta of 1.764, the stock has experienced a 52-week low of $3.32 and a high of $9.44. The 50-day moving average is $4.88, while the 200-day moving average is $6.44.
$CMCM stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Cheetah Mobile Inc.
On June 22, 2026, both Ren Thomas Jintao and Fu Sheng, the CEO, were active in the market. While Ren Thomas Jintao bought 2,841,750 shares, Fu Sheng's transactions included both buying and selling on the same date, each involving 10,707,950 shares.
About Cheetah Mobile
Cheetah Mobile Inc., based in Beijing, China, is a provider of internet services and artificial intelligence solutions. Operating within the Communication Services sector, the company offers a range of products including antivirus applications, AI-powered business applications, and delivery and reception robots. Under the leadership of CEO Mr. Sheng Fu, Cheetah Mobile serves customers in China and internationally, with a workforce of 851 employees.
Bottom Line
Ren Thomas Jintao's recent purchase of Cheetah Mobile shares underscores his confidence in the company. As a key figure in the firm's leadership, his investment decisions are closely watched by investors. It is important to note that insider transactions are disclosed after they occur and may not reflect the current position.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.