TAL Education Group (NYSE:TAL) Share Price Passes Above 200 Day Moving Average – Should You Sell?

TAL Education Group (NYSE:TAL)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.28 and traded as high as $11.62. TAL Education Group shares last traded at $11.1050, with a volume of 2,566,202 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on TAL shares. Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Zacks Research lowered shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, TAL Education Group currently has a consensus rating of “Hold” and an average target price of $12.81.

TAL Education Group Price Performance

The business has a 50 day simple moving average of $11.19 and a 200-day simple moving average of $11.28. The stock has a market capitalization of $6.70 billion, a price-to-earnings ratio of 22.91 and a beta of 0.15.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Krane Funds Advisors LLC increased its position in shares of TAL Education Group by 25.5% during the third quarter. Krane Funds Advisors LLC now owns 23,072,787 shares of the company’s stock worth $253,455,000 after acquiring an additional 4,684,426 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in TAL Education Group in the 4th quarter worth $213,329,000. Vanguard Group Inc. increased its holdings in TAL Education Group by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 17,671,668 shares of the company’s stock worth $192,798,000 after purchasing an additional 277,473 shares in the last quarter. Bank of America Corp DE increased its holdings in TAL Education Group by 14.3% during the 2nd quarter. Bank of America Corp DE now owns 14,060,760 shares of the company’s stock worth $143,701,000 after purchasing an additional 1,759,945 shares in the last quarter. Finally, CoreView Capital Management Ltd raised its stake in shares of TAL Education Group by 56.9% in the 3rd quarter. CoreView Capital Management Ltd now owns 10,997,165 shares of the company’s stock valued at $123,168,000 after purchasing an additional 3,990,000 shares during the period. Institutional investors 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.