TAL Education Group Sees Unusually Large Options Volume (NYSE:TAL)

TAL Education Group (NYSE:TAL) was the recipient of unusually large options trading activity on Wednesday. Stock investors acquired 26,360 call options on the stock. This is an increase of 382% compared to the average volume of 5,465 call options.

TAL Education Group Stock Down 1.5 %

Shares of TAL stock opened at $14.37 on Friday. The firm has a fifty day moving average of $11.09 and a 200-day moving average of $10.20. TAL Education Group has a 12-month low of $7.34 and a 12-month high of $15.32. The company has a market capitalization of $8.69 billion, a price-to-earnings ratio of 75.61 and a beta of 0.02.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TAL. SBI Securities Co. Ltd. acquired a new stake in TAL Education Group in the fourth quarter valued at $40,000. Point72 DIFC Ltd acquired a new stake in TAL Education Group in the third quarter valued at $48,000. iA Global Asset Management Inc. acquired a new stake in TAL Education Group in the fourth quarter valued at $79,000. Blue Trust Inc. lifted its stake in TAL Education Group by 134.2% in the third quarter. Blue Trust Inc. now owns 7,685 shares of the company’s stock valued at $91,000 after acquiring an additional 4,403 shares during the last quarter. Finally, Dark Forest Capital Management LP acquired a new stake in TAL Education Group in the fourth quarter valued at $114,000. Institutional investors own 37.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. StockNews.com raised shares of TAL Education Group from a “sell” rating to a “hold” rating in a research note on Friday, January 24th. UBS Group upped their target price on shares of TAL Education Group from $16.40 to $17.20 and gave the stock a “buy” rating in a research report on Friday, January 24th.

About TAL Education Group

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.