Insider Selling: TAL Education Group (NYSE:TAL) Insider Sells 80,000 Shares of Stock

TAL Education Group (NYSE:TAL) 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 of the company’s stock, valued at $490,263.84. The trade was a 63.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

TAL Education Group Trading Up 0.6%

TAL stock traded up $0.07 during midday trading on Tuesday, hitting $10.78. The stock had a trading volume of 2,610,187 shares, compared to its average volume of 3,950,202. The firm has a market capitalization of $6.56 billion, a price-to-earnings ratio of 11.60, a P/E/G ratio of 0.98 and a beta of 0.15. TAL Education Group has a 52 week low of $8.63 and a 52 week high of $13.37. The stock has a 50-day simple moving average of $11.17 and a 200 day simple moving average of $11.33.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of TAL. PNC Financial Services Group Inc. increased its stake in shares of TAL Education Group by 8.6% in the third quarter. PNC Financial Services Group Inc. now owns 15,185 shares of the company’s stock valued at $170,000 after buying an additional 1,202 shares in the last quarter. Public Sector Pension Investment Board increased its stake in shares of TAL Education Group by 1.0% in the fourth quarter. Public Sector Pension Investment Board now owns 147,182 shares of the company’s stock valued at $1,606,000 after buying an additional 1,400 shares in the last quarter. HighVista Strategies LLC increased its stake in shares of TAL Education Group by 8.3% in the third quarter. HighVista Strategies LLC now owns 19,600 shares of the company’s stock valued at $220,000 after buying an additional 1,500 shares in the last quarter. Greenleaf Trust increased its stake in shares of TAL Education Group by 5.1% in the fourth quarter. Greenleaf Trust now owns 32,625 shares of the company’s stock valued at $356,000 after buying an additional 1,597 shares in the last quarter. Finally, Mariner LLC increased its stake in shares of TAL Education Group by 11.3% in the fourth quarter. Mariner LLC now owns 15,964 shares of the company’s stock valued at $175,000 after buying an additional 1,623 shares in the last quarter. 37.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TAL has been the subject of several research reports. Zacks Research cut TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Wall Street Zen raised TAL Education Group from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of TAL Education Group in a research report on Monday, December 29th. 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 MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $13.77.

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.