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 firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $12.28, for a total value of $368,400.00. Following the completion of the transaction, the insider owned 15,144 shares in the company, valued at $185,968.32. The trade was a 66.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

TAL Education Group Stock Up 1.0%

TAL opened at $12.11 on Thursday. TAL Education Group has a twelve month low of $8.88 and a twelve month high of $13.37. The company has a 50-day simple moving average of $10.06 and a 200 day simple moving average of $10.77. The stock has a market capitalization of $6.71 billion, a price-to-earnings ratio of 7.52, a P/E/G ratio of 1.02 and a beta of 0.13.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, July 30th. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.29 by $0.46. The firm had revenue of $758.38 million for the quarter, compared to analyst estimates of $719.40 million. TAL Education Group had a net margin of 28.43% and a return on equity of 24.55%. Sell-side analysts anticipate that TAL Education Group will post 0.86 EPS for the current fiscal year.

Hedge Funds Weigh In On TAL Education Group

Large investors have recently bought and sold shares of the company. Quarry LP bought a new stake in shares of TAL Education Group during the third quarter worth about $42,000. Cassaday & Co Wealth Management LLC bought a new position in TAL Education Group in the 1st quarter valued at approximately $50,000. DV Equities LLC acquired a new stake in TAL Education Group during the 4th quarter worth approximately $49,000. Daiwa Securities Group Inc. boosted its position in TAL Education Group by 194.9% during the 4th quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock worth $63,000 after buying an additional 3,800 shares during the period. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in TAL Education Group during the 1st quarter worth approximately $109,000. 37.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on TAL shares. Jefferies Financial Group began coverage on TAL Education Group in a research note on Friday, July 31st. They set a “hold” rating for the company. Weiss Ratings upgraded TAL Education Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. New Street Research set a $13.60 price target on TAL Education Group in a report on Friday, July 31st. Zacks Research downgraded TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Finally, Wall Street Zen lowered TAL Education Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.80.

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.