TAL Education Group (NYSE:TAL) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

TAL Education Group (NYSE:TAL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.23 and traded as high as $11.36. TAL Education Group shares last traded at $11.1750, with a volume of 2,515,256 shares traded.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on TAL. Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. Zacks Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of TAL Education Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, TAL Education Group currently has an average rating of “Moderate Buy” and an average target price of $12.81.

TAL Education Group Stock Up 0.4%

The company’s 50-day simple moving average is $11.24 and its 200 day simple moving average is $11.23. The company has a market capitalization of $6.80 billion, a P/E ratio of 23.28 and a beta of 0.10.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. lifted its stake in shares of TAL Education Group by 8.6% in the third quarter. PNC Financial Services Group Inc. now owns 15,185 shares of the company’s stock worth $170,000 after buying an additional 1,202 shares during the last quarter. Public Sector Pension Investment Board grew its stake in TAL Education Group by 1.0% in the 4th quarter. Public Sector Pension Investment Board now owns 147,182 shares of the company’s stock valued at $1,606,000 after buying an additional 1,400 shares during the last quarter. HighVista Strategies LLC raised its holdings in TAL Education Group by 8.3% in the 3rd quarter. HighVista Strategies LLC now owns 19,600 shares of the company’s stock worth $220,000 after acquiring an additional 1,500 shares during the period. Greenleaf Trust raised its holdings in TAL Education Group by 5.1% in the 4th quarter. Greenleaf Trust now owns 32,625 shares of the company’s stock worth $356,000 after acquiring an additional 1,597 shares during the period. Finally, Mariner LLC lifted its position in TAL Education Group by 11.3% during the 4th quarter. Mariner LLC now owns 15,964 shares of the company’s stock worth $175,000 after acquiring an additional 1,623 shares during the last quarter. 37.79% of the stock is owned by institutional investors.

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.