Traders Buy Large Volume of TAL Education Group Call Options (NYSE:TAL)

TAL Education Group (NYSE:TAL - Get Free Report) was the recipient of some unusual options trading activity on Wednesday. Investors acquired 27,632 call options on the stock. This is an increase of approximately 438% compared to the typical daily volume of 5,138 call options.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of TAL Education Group from a "hold" rating to a "sell" rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, TAL Education Group presently has an average rating of "Moderate Buy" and an average target price of $14.80.

Institutional Trading of TAL Education Group

Institutional investors have recently added to or reduced their stakes in the stock. TT International Asset Management LTD grew its stake in shares of TAL Education Group by 12.9% in the fourth quarter. TT International Asset Management LTD now owns 4,896,911 shares of the company's stock valued at $49,067,000 after buying an additional 559,110 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in TAL Education Group in the 3rd quarter valued at about $25,545,000. Y Intercept Hong Kong Ltd purchased a new stake in TAL Education Group during the third quarter worth about $1,723,000. XTX Topco Ltd acquired a new stake in shares of TAL Education Group during the third quarter worth about $233,000. Finally, National Bank of Canada FI grew its holdings in shares of TAL Education Group by 46.7% in the third quarter. National Bank of Canada FI now owns 3,736,300 shares of the company's stock valued at $44,238,000 after purchasing an additional 1,189,400 shares in the last quarter. Institutional investors and hedge funds own 37.79% of the company's stock.

TAL Education Group Stock Performance

Shares of NYSE TAL traded down $0.03 during mid-day trading on Wednesday, reaching $9.60. 3,231,103 shares of the company's stock were exchanged, compared to its average volume of 5,777,167. The company's 50-day moving average is $10.04 and its 200-day moving average is $9.84. The firm has a market capitalization of $5.81 billion, a price-to-earnings ratio of 87.27 and a beta of -0.01. TAL Education Group has a 52-week low of $7.34 and a 52-week high of $15.52.

TAL Education Group (NYSE:TAL - Get Free Report) last announced its earnings results on Thursday, October 24th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.03. The company had revenue of $619.36 million during the quarter, compared to analyst estimates of $609.51 million. TAL Education Group had a net margin of 3.94% and a return on equity of 1.97%. During the same quarter last year, the firm posted $0.06 earnings per share. As a group, equities analysts predict that TAL Education Group will post 0.17 earnings per share for the current fiscal 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.