Eagle Asset Management Inc. lifted its holdings in Talend SA (NASDAQ:TLND) by 34.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,418 shares of the technology company’s stock after acquiring an additional 24,656 shares during the period. Eagle Asset Management Inc.’s holdings in Talend were worth $6,724,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also bought and sold shares of the company. Ardsley Advisory Partners raised its position in shares of Talend by 21.4% in the 2nd quarter. Ardsley Advisory Partners now owns 8,500 shares of the technology company’s stock worth $529,000 after acquiring an additional 1,500 shares in the last quarter. Gagnon Advisors LLC raised its position in shares of Talend by 1.5% in the 2nd quarter. Gagnon Advisors LLC now owns 105,541 shares of the technology company’s stock worth $6,573,000 after acquiring an additional 1,521 shares in the last quarter. Centaurus Financial Inc. bought a new position in shares of Talend in the 2nd quarter worth about $101,000. Granite Investment Partners LLC increased its position in Talend by 0.6% in the 2nd quarter. Granite Investment Partners LLC now owns 291,611 shares of the technology company’s stock valued at $18,161,000 after buying an additional 1,636 shares in the last quarter. Finally, BlackRock Inc. increased its position in Talend by 1,906.0% in the 2nd quarter. BlackRock Inc. now owns 2,347 shares of the technology company’s stock valued at $146,000 after buying an additional 2,230 shares in the last quarter. 78.74% of the stock is owned by hedge funds and other institutional investors.
Shares of Talend stock opened at $33.72 on Friday. Talend SA has a one year low of $32.66 and a one year high of $73.52. The stock has a market capitalization of $992.04 million, a P/E ratio of -33.72 and a beta of 0.74. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.14.
A number of brokerages recently commented on TLND. BTIG Research decreased their target price on Talend to $50.00 and set a “buy” rating for the company in a research report on Tuesday. ValuEngine lowered Talend from a “buy” rating to a “hold” rating in a research report on Tuesday. KeyCorp decreased their target price on Talend from $61.00 to $52.00 and set an “overweight” rating for the company in a research report on Monday, November 19th. They noted that the move was a valuation call. Zacks Investment Research lowered Talend from a “hold” rating to a “sell” rating in a research report on Friday, November 16th. Finally, BidaskClub lowered Talend from a “buy” rating to a “hold” rating in a research report on Tuesday, November 13th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. Talend presently has an average rating of “Hold” and a consensus price target of $58.43.
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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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