Alex Zhuangzhuang Peng Sells 30,000 Shares of TAL Education Group (NYSE:TAL) Stock

TAL Education Group (NYSE:TAL) insider Alex Zhuangzhuang Peng sold 30,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $12.28, for a total transaction of $368,400.00. Following the completion of the transaction, the insider owned 15,144 shares of the company’s stock, valued at $185,968.32. This trade represents a 66.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

TAL Education Group Stock Down 3.6%

TAL opened at $12.05 on Tuesday. The business’s fifty day simple moving average is $9.97 and its 200 day simple moving average is $10.76. TAL Education Group has a 52 week low of $8.88 and a 52 week high of $13.37. The stock has a market cap of $6.68 billion, a PE ratio of 7.49, a P/E/G ratio of 1.07 and a beta of 0.08.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.46. TAL Education Group had a return on equity of 25.42% and a net margin of 28.43%.The firm had revenue of $758.38 million during the quarter, compared to analyst estimates of $719.40 million. As a group, equities analysts anticipate that TAL Education Group will post 0.86 earnings per share for the current year.

Analyst Ratings Changes

TAL has been the subject of a number of recent research reports. Weiss Ratings upgraded TAL Education Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday. Jefferies Financial Group began coverage on shares of TAL Education Group in a research report on Friday. They set a “hold” rating on the stock. Wall Street Zen downgraded shares of TAL Education Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. New Street Research set a $13.60 price objective on shares of TAL Education Group in a report on Friday. Finally, Zacks Research cut shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, TAL Education Group has an average rating of “Hold” and an average price target of $14.80.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in TAL Education Group in the 4th quarter worth approximately $213,329,000. Norges Bank bought a new stake in shares of TAL Education Group in the 4th quarter worth approximately $49,158,000. Arrowstreet Capital Limited Partnership increased its stake in shares of TAL Education Group by 3,989.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 4,574,002 shares of the company’s stock valued at $51,229,000 after buying an additional 4,462,149 shares during the period. National Bank of Canada FI increased its stake in shares of TAL Education Group by 147.4% during the third quarter. National Bank of Canada FI now owns 3,559,800 shares of the company’s stock valued at $39,870,000 after buying an additional 2,120,800 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of TAL Education Group by 14.3% during the second quarter. Bank of America Corp DE now owns 14,060,760 shares of the company’s stock valued at $143,701,000 after acquiring an additional 1,759,945 shares in the last quarter. Hedge funds and other institutional investors own 37.79% of the company’s stock.

About TAL Education Group

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.