TAL Education Group (NYSE:TAL – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $9.07 and last traded at $9.2050, with a volume of 4341015 shares trading hands. The stock had previously closed at $9.32.
Analyst Upgrades and Downgrades
TAL has been the subject of several analyst reports. Wall Street Zen raised TAL Education Group from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th. Weiss Ratings raised TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Finally, Zacks Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, TAL Education Group presently has an average rating of “Moderate Buy” and a consensus target price of $13.77.
Read Our Latest Stock Report on TAL Education Group
TAL Education Group Trading Up 0.1%
TAL Education Group (NYSE:TAL – Get Free Report) last released its quarterly earnings data on Tuesday, April 14th. The company reported $1.35 EPS for the quarter. The business had revenue of $802.39 million for the quarter. TAL Education Group had a return on equity of 14.87% and a net margin of 17.64%. As a group, equities research analysts predict that TAL Education Group will post 0.86 EPS for the current year.
Insider Activity
In other news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the company’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $10.86, for a total value of $868,800.00. Following the completion of the transaction, the insider owned 45,144 shares in the company, valued at approximately $490,263.84. This represents a 63.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.81% of the company’s stock.
Hedge Funds Weigh In On TAL Education Group
Several large investors have recently bought and sold shares of the stock. Capitolis Liquid Global Markets LLC boosted its position in shares of TAL Education Group by 153.7% in the 3rd quarter. Capitolis Liquid Global Markets LLC now owns 7,061,400 shares of the company’s stock valued at $79,088,000 after purchasing an additional 4,277,500 shares during the period. CoreView Capital Management Ltd grew its position in shares of TAL Education Group by 56.9% during the third quarter. CoreView Capital Management Ltd now owns 10,997,165 shares of the company’s stock worth $123,168,000 after acquiring an additional 3,990,000 shares during the last quarter. Serenity Capital Management PTE. LTD. increased its holdings in shares of TAL Education Group by 16,237.0% in the 3rd quarter. Serenity Capital Management PTE. LTD. now owns 4,730,377 shares of the company’s stock valued at $52,980,000 after acquiring an additional 4,701,422 shares during the period. Citigroup Inc. raised its position in TAL Education Group by 4.2% in the 3rd quarter. Citigroup Inc. now owns 831,214 shares of the company’s stock valued at $9,310,000 after purchasing an additional 33,689 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in TAL Education Group by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 17,394,195 shares of the company’s stock worth $194,815,000 after purchasing an additional 71,937 shares during the period. Institutional investors and hedge funds own 37.79% of the company’s stock.
TAL Education Group Company Profile
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.
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