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

TAL Education Group (NYSE:TAL - Get Free Report) was the target of unusually large options trading on Wednesday. Stock traders purchased 26,360 call options on the stock. This represents an increase of approximately 382% compared to the typical daily volume of 5,465 call options.

Institutional Trading of TAL Education Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. bought a new position in shares of TAL Education Group in the fourth quarter valued at approximately $40,000. Point72 DIFC Ltd bought a new position in shares of TAL Education Group in the third quarter valued at approximately $48,000. iA Global Asset Management Inc. bought a new position in shares of TAL Education Group in the fourth quarter valued at approximately $79,000. Blue Trust Inc. grew its holdings in shares of 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 in the last quarter. Finally, Dark Forest Capital Management LP bought a new position in shares of TAL Education Group in the fourth quarter valued at approximately $114,000. 37.79% of the stock is owned by institutional investors.

TAL Education Group Stock Performance

Shares of NYSE TAL traded up $0.05 during trading hours on Friday, reaching $14.40. 5,709,948 shares of the stock were exchanged, compared to its average volume of 8,625,891. The firm has a market capitalization of $8.71 billion, a price-to-earnings ratio of 75.81 and a beta of 0.02. TAL Education Group has a 52 week low of $7.34 and a 52 week high of $15.32. The stock's fifty day simple moving average is $11.26 and its 200 day simple moving average is $10.27.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. UBS Group upped their target price on TAL Education Group from $16.40 to $17.20 and gave the stock a "buy" rating in a report on Friday, January 24th. StockNews.com upgraded TAL Education Group from a "sell" rating to a "hold" rating in a research note on Friday, January 24th.

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.