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

TAL Education Group (NYSE:TAL) saw some unusual options trading on Friday. Investors purchased 20,073 call options on the company. This is an increase of 2,375% compared to the average volume of 811 call options.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. New Street Research set a $13.60 target price on TAL Education Group in a report on Friday. Zacks Research lowered shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Weiss Ratings upgraded shares of TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Jefferies Financial Group assumed coverage on TAL Education Group in a report on Friday. They set a “hold” rating on the stock. Finally, Wall Street Zen downgraded shares of TAL Education Group from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, TAL Education Group has a consensus rating of “Hold” and an average price target of $14.80.

Institutional Trading of TAL Education Group

Several institutional investors have recently made changes to their positions in the business. Quarry LP acquired a new position in shares of TAL Education Group in the 3rd quarter worth approximately $42,000. Cassaday & Co Wealth Management LLC bought a new position in shares of TAL Education Group in the first quarter worth about $50,000. DV Equities LLC bought a new position in TAL Education Group in the 4th quarter valued at $49,000. Daiwa Securities Group Inc. lifted its holdings in TAL Education Group by 194.9% in the fourth quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock valued at $63,000 after buying an additional 3,800 shares during the period. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in TAL Education Group in the first quarter valued at about $109,000. 37.79% of the stock is currently owned by institutional investors and hedge funds.

TAL Education Group Trading Up 1.2%

TAL stock traded up $0.14 during mid-day trading on Friday, hitting $12.48. The stock had a trading volume of 4,955,747 shares, compared to its average volume of 3,893,749. TAL Education Group has a 1-year low of $8.88 and a 1-year high of $13.37. The company has a fifty day moving average of $9.87 and a 200 day moving average of $10.76. The stock has a market capitalization of $6.92 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 0.93 and a beta of 0.08.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.16 by $0.59. The company had revenue of $758.38 million for the quarter, compared to analyst estimates of $719.40 million. TAL Education Group had a net margin of 17.64% and a return on equity of 14.87%. As a group, sell-side analysts expect that TAL Education Group will post 0.86 earnings per share for the current fiscal year.

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.