Is the AI revolution coming to the world of textbooks?
What's happening behind the scenes at McGraw Hill $MH
McGraw Hill, primarily known in the US as a textbook giant, is undergoing a dramatic organizational change, aiming to transform from a textbook giant into a technology player?
So what's happening behind the scenes?
In the company's latest earnings report on February 11, 2026, McGraw showed performance that surprised even the most optimistic.
Earnings per share stood at $0.28, far exceeding early estimates of just $0.104.
Following this success, the company raised its annual guidance for 2026, with digital content as the main driver.
The company is currently making a strategic shift from a 'publisher' model to an 'AI-First' company.
Products like its popular learning platform 'ALEKS' and 'AI Reader' applications have already surpassed one million users!
Which proves that the technological transformation is not just a slogan, but a business reality?
Let's dive deeper: who is behind the change:
The new captain
The company recently appointed Philip Moyer as its CEO.
Moyer brings a rich background and experience in artificial intelligence from Google, where he held senior positions in the Google Cloud division.
And that's interesting, but it doesn't end there.
The truly interesting event occurred on 17/2/26.
Stephen Reinemund, a long-standing board member of the company with an interesting reputation, who also previously served as Chairman and CEO of Pepsi.
Pulled out his wallet and made an insider purchase of company shares for approximately $800,000 at the market price of $13.7 per share.
Reinemund, as a veteran board member, knows the company in depth...
How in depth?
Since the time it was privately owned.
What's unusual about his purchase?
First of all, the timing.
The purchase was made just days after the earnings release, even though the stock had already surged following excellent results.
Reinemund chose to buy shares for a significant amount from his personal pocket at the market price of $13.7 per share.
Additionally, following the purchase, Reinemund increased his position by 369%.
A quick check by us reveals that this is not Reinemund's first insider purchase:
Also on 14/11/25, Reinemund purchased shares for approximately $240,000 at a higher price than his latest purchase, $15 per share.
Bringing his total insider purchases to over $1,000,000
Behind the scenes, we also checked institutional investor activity:
and discovered an interesting situation:
While some hedge funds and investment firms are choosing to reduce their exposure to the company, several investment firms are actually choosing to increase their exposure to the company:
BlackRock increased its exposure to the company by 28%.
Barclays increased its position by 420%.
Morgan Stanley increased its exposure to the company by 310%.
Bank of America increased its exposure to the company by 1,222%.
Is there anyone on Wall Street who thinks that $MH is not just a company of pages and covers, but a technology player?
We are monitoring