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

TAL Education Group (NYSE:TAL) insider Alex Zhuangzhuang Peng sold 30,000 shares of the stock in a transaction that occurred 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 sale, the insider owned 15,144 shares in the company, valued at approximately $185,968.32. The trade was a 66.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

TAL Education Group Stock Performance

Shares of TAL stock opened at $11.99 on Wednesday. TAL Education Group has a 52-week low of $8.88 and a 52-week high of $13.37. The firm has a market capitalization of $6.64 billion, a P/E ratio of 7.45, a P/E/G ratio of 1.03 and a beta of 0.13. The stock has a 50 day moving average price of $10.02 and a 200 day moving average price of $10.77.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.29 by $0.46. The company had revenue of $758.38 million for the quarter, compared to the consensus estimate of $719.40 million. TAL Education Group had a return on equity of 24.55% and a net margin of 28.43%. As a group, sell-side analysts forecast that TAL Education Group will post 0.86 EPS for the current year.

Hedge Funds Weigh In On TAL Education Group

Several institutional investors have recently made changes to their positions in TAL. PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in TAL Education Group by 8.8% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 183,438 shares of the company’s stock worth $1,756,000 after acquiring an additional 14,900 shares during the period. Assenagon Asset Management S.A. grew its holdings in TAL Education Group by 196.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 54,201 shares of the company’s stock worth $519,000 after acquiring an additional 35,931 shares in the last quarter. Amundi increased its position in TAL Education Group by 13.1% during the 1st quarter. Amundi now owns 1,187,724 shares of the company’s stock valued at $13,504,000 after purchasing an additional 137,799 shares during the period. The Manufacturers Life Insurance Company increased its position in TAL Education Group by 6.1% during the 1st quarter. The Manufacturers Life Insurance Company now owns 58,334 shares of the company’s stock valued at $663,000 after purchasing an additional 3,374 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in shares of TAL Education Group by 66.0% in the 1st quarter. Quantinno Capital Management LP now owns 142,536 shares of the company’s stock valued at $1,621,000 after purchasing an additional 56,655 shares in the last quarter. Hedge funds and other institutional investors own 37.79% of the company’s stock.

Wall Street Analyst Weigh In

TAL has been the topic of a number of research analyst reports. Zacks Research cut shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Weiss Ratings upgraded shares of TAL Education Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday. Jefferies Financial Group assumed coverage on shares of TAL Education Group in a research report on Friday. They issued a “hold” rating for the company. Wall Street Zen lowered shares of TAL Education Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, New Street Research set a $13.60 price target on shares of TAL Education Group in a research note on Friday. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average 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.