Two insiders at 51Talk Online Education Group (COE) executed significant share purchases totaling approximately $3.20 million on June 1, 2026. The purchases were made by Chief Executive Officer Jack Jiajia Huang.
Huang acquired a total of 110,120 shares across two transactions at average prices of $26.76 and $26.39 per share. This cluster buying activity, involving multiple purchases by senior leadership within a short period, is often viewed as a strong bullish indicator, suggesting high-level confidence in the company's prospects.
This recent buying activity follows a series of purchases by CEO Huang throughout late May 2026, further underscoring a sustained commitment to the company's stock.