California Public Employees Retirement System Takes $335,000 Position in Talend (TLND)

California Public Employees Retirement System acquired a new stake in Talend (NASDAQ:TLND) in the 4th quarter, Holdings Channel reports. The fund acquired 8,929 shares of the technology company’s stock, valued at approximately $335,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Nicholas Investment Partners LP grew its position in shares of Talend by 9.4% in the 3rd quarter. Nicholas Investment Partners LP now owns 28,575 shares of the technology company’s stock valued at $1,170,000 after purchasing an additional 2,455 shares during the period. Rosenblum Silverman Sutton S F Inc. CA grew its position in shares of Talend by 13.3% in the 4th quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 25,550 shares of the technology company’s stock valued at $958,000 after purchasing an additional 3,000 shares during the period. Ameriprise Financial Inc. grew its position in shares of Talend by 5.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 86,230 shares of the technology company’s stock valued at $3,530,000 after purchasing an additional 4,770 shares during the period. JPMorgan Chase & Co. grew its position in shares of Talend by 218.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,414 shares of the technology company’s stock valued at $497,000 after purchasing an additional 8,514 shares during the period. Finally, Peregrine Capital Management LLC grew its position in shares of Talend by 2.7% in the 4th quarter. Peregrine Capital Management LLC now owns 451,674 shares of the technology company’s stock valued at $16,929,000 after purchasing an additional 11,879 shares during the period. Institutional investors and hedge funds own 59.57% of the company’s stock.

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NASDAQ:TLND opened at $48.12 on Friday. Talend has a twelve month low of $28.28 and a twelve month high of $52.10. The company has a debt-to-equity ratio of -0.01, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $1,402.36, a price-to-earnings ratio of -48.12 and a beta of 0.18.

Talend (NASDAQ:TLND) last released its quarterly earnings results on Tuesday, February 13th. The technology company reported ($0.34) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.02. Talend had a negative return on equity of 454.15% and a negative net margin of 21.00%. The firm had revenue of $41.52 million during the quarter, compared to the consensus estimate of $41.40 million. sell-side analysts forecast that Talend will post -0.96 earnings per share for the current fiscal year.

TLND has been the subject of several research analyst reports. BidaskClub lowered Talend from a “hold” rating to a “sell” rating in a research report on Wednesday, December 6th. Zacks Investment Research lowered Talend from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. Citigroup lowered Talend from a “buy” rating to a “neutral” rating and set a $61.00 price objective for the company. in a research report on Wednesday, January 10th. JPMorgan Chase lowered Talend from a “neutral” rating to an “underweight” rating in a research report on Thursday, January 25th. Finally, ValuEngine raised Talend from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $49.75.

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Talend Company Profile

Talend SA provides platform to address IT integration needs in various industries. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.

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Institutional Ownership by Quarter for Talend (NASDAQ:TLND)

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