Talend SA (TLND) Shares Bought by Eagle Asset Management Inc.

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.

Talend (NASDAQ:TLND) last issued its earnings results on Wednesday, November 7th. The technology company reported ($0.09) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.01. Talend had a negative return on equity of 153.54% and a negative net margin of 20.40%. The business had revenue of $52.07 million during the quarter, compared to analyst estimates of $51.84 million. During the same period in the previous year, the company posted ($0.11) EPS. The firm’s revenue was up 32.2% compared to the same quarter last year. Analysts expect that Talend SA will post -1.1 EPS for the current fiscal year.

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.

TRADEMARK VIOLATION NOTICE: This piece of content was published by WKRB News and is the property of of WKRB News. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States and international copyright law. The correct version of this piece of content can be read at https://www.wkrb13.com/2018/11/24/talend-sa-tlnd-shares-bought-by-eagle-asset-management-inc.html.

About Talend

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.

See Also: How are the companies in the S&P 500 selected?

Want to see what other hedge funds are holding TLND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Talend SA (NASDAQ:TLND).

Institutional Ownership by Quarter for Talend (NASDAQ:TLND)

Receive News & Ratings for Talend Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talend and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply