TAL Education Group (NYSE:TAL) Stock Price Down 12.1% – Time to Sell?

TAL Education Group (NYSE:TAL) fell 12.1% during trading on Monday . The company traded as low as $10.50 and last traded at $10.79. 3,608,098 shares traded hands during trading, a decline of 48% from the average session volume of 6,991,703 shares. The stock had previously closed at $12.28.

Wall Street Analysts Forecast Growth

TAL has been the subject of several recent analyst reports. UBS Group lifted 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 note on Friday, January 24th. StockNews.com raised shares of TAL Education Group from a “sell” rating to a “hold” rating in a research report on Friday, January 24th.

TAL Education Group Price Performance

The company has a market cap of $6.60 billion, a PE ratio of 57.45 and a beta of 0.03. The company has a 50-day moving average price of $13.38 and a two-hundred day moving average price of $11.35.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new stake in TAL Education Group in the fourth quarter valued at $40,000. Point72 DIFC Ltd bought a new position in shares of TAL Education Group during the third quarter worth about $48,000. iA Global Asset Management Inc. acquired a new position in TAL Education Group in the fourth quarter worth about $79,000. Blue Trust Inc. increased its holdings in TAL Education Group by 28.1% in the fourth quarter. Blue Trust Inc. now owns 9,843 shares of the company’s stock valued at $99,000 after buying an additional 2,158 shares during the last quarter. Finally, Dark Forest Capital Management LP acquired a new stake in TAL Education Group during the fourth quarter valued at approximately $114,000. 37.79% of the stock is currently owned by hedge funds and other institutional investors.

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.