TAL Education Group Target of Unusually Large Options Trading (NYSE:TAL)

TAL Education Group (NYSE:TAL) saw unusually large options trading activity on Wednesday. Traders purchased 27,632 call options on the company. This is an increase of 438% compared to the average daily volume of 5,138 call options.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Tobam increased its position in shares of TAL Education Group by 10.4% in the third quarter. Tobam now owns 19,418 shares of the company’s stock valued at $230,000 after acquiring an additional 1,832 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of TAL Education Group by 93.8% in the second quarter. EverSource Wealth Advisors LLC now owns 4,517 shares of the company’s stock worth $45,000 after purchasing an additional 2,186 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in TAL Education Group by 17.3% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 15,340 shares of the company’s stock valued at $182,000 after purchasing an additional 2,267 shares during the period. Public Sector Pension Investment Board raised its position in TAL Education Group by 1.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 149,682 shares of the company’s stock valued at $1,597,000 after purchasing an additional 2,400 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in TAL Education Group by 1.3% in the 2nd quarter. AQR Capital Management LLC now owns 253,624 shares of the company’s stock worth $2,706,000 after buying an additional 3,159 shares during the period. Institutional investors own 37.79% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut TAL Education Group from a “hold” rating to a “sell” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, TAL Education Group has a consensus rating of “Moderate Buy” and a consensus price target of $14.80.

TAL Education Group Stock Performance

TAL Education Group stock remained flat at $9.63 during mid-day trading on Wednesday. 2,314,281 shares of the company’s stock traded hands, compared to its average volume of 5,657,277. The business has a 50 day moving average of $10.04 and a 200 day moving average of $9.84. TAL Education Group has a 1-year low of $7.34 and a 1-year high of $15.52. The stock has a market cap of $5.82 billion, a PE ratio of 87.55 and a beta of -0.01.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, October 24th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. TAL Education Group had a return on equity of 1.97% and a net margin of 3.94%. The company had revenue of $619.36 million during the quarter, compared to analyst estimates of $609.51 million. During the same quarter in the previous year, the company posted $0.06 EPS. Equities analysts forecast that TAL Education Group will post 0.17 earnings per share for the current year.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.