TAL Education Group (NYSE:TAL) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

Key Points

• TAL Education Group’s stock crossed above its 200-day moving average, trading as high as $11.57 before last changing hands near $11.10. The move comes as investors watch whether the technical breakout signals more upside.
• Analysts are moderately optimistic: Wall Street Zen and Zacks Research both recently upgraded the stock, and the consensus rating is Moderate Buy with an average target price of $13.77.
• The company recently reported quarterly EPS of $1.35 on revenue of $802.39 million, while insider Alex Zhuangzhuang Peng sold 80,000 shares in late April. Institutional investors continue to own a meaningful stake, holding 37.79% of shares.

TAL Education Group (NYSE:TAL - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $11.35 and traded as high as $11.57. TAL Education Group shares last traded at $11.0950, with a volume of 3,539,497 shares traded.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Wall Street Zen upgraded shares of TAL Education Group from a "hold" rating to a "buy" rating in a report on Sunday, March 8th. Zacks Research upgraded shares of TAL Education Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $13.77.

TAL Education Group Stock Performance

The firm's fifty day simple moving average is $11.19 and its 200-day simple moving average is $11.35. The stock has a market cap of $6.76 billion, a P/E ratio of 11.93, a price-to-earnings-growth ratio of 0.97 and a beta of 0.10.

TAL Education Group (NYSE:TAL - Get Free Report) last released its quarterly earnings results on Tuesday, April 14th. The company reported $1.35 earnings per share (EPS) for the quarter. The firm had revenue of $802.39 million during the quarter. TAL Education Group had a net margin of 17.64% and a return on equity of 14.87%. Analysts predict that TAL Education Group will post 0.86 earnings per share for the current fiscal year.

Insider Buying and Selling at TAL Education Group

In other news, insider Alex Zhuangzhuang Peng sold 80,000 shares of TAL Education Group 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 sale, the insider owned 45,144 shares in the company, valued at $490,263.84. The trade was a 63.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.81% of the stock is owned by corporate insiders.

Institutional Trading of TAL Education Group

Several hedge funds have recently bought and sold shares of TAL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in TAL Education Group in the 4th quarter valued at $213,329,000. Serenity Capital Management PTE. LTD. grew its position in 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 purchasing an additional 4,701,422 shares during the period. Krane Funds Advisors LLC grew its position in TAL Education Group by 25.5% in the 3rd quarter. Krane Funds Advisors LLC now owns 23,072,787 shares of the company's stock valued at $253,455,000 after purchasing an additional 4,684,426 shares during the period. Norges Bank acquired a new stake in TAL Education Group in the 4th quarter valued at $49,158,000. Finally, Arrowstreet Capital Limited Partnership grew its position in TAL Education Group by 3,989.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 4,574,002 shares of the company's stock valued at $51,229,000 after purchasing an additional 4,462,149 shares during the period. Institutional investors and hedge funds own 37.79% of the company's stock.

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.

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