TimesSquare Capital Management LLC Reduces Holdings in Talend SA (NASDAQ:TLND)

TimesSquare Capital Management LLC trimmed its stake in Talend SA (NASDAQ:TLND) by 1.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 585,300 shares of the technology company’s stock after selling 9,300 shares during the period. TimesSquare Capital Management LLC owned approximately 2.01% of Talend worth $22,587,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Quantamental Technologies LLC acquired a new stake in Talend during the 1st quarter worth $31,000. Aperio Group LLC acquired a new stake in Talend during the 2nd quarter worth $62,000. Penserra Capital Management LLC boosted its stake in Talend by 71.7% during the 1st quarter. Penserra Capital Management LLC now owns 2,030 shares of the technology company’s stock worth $102,000 after purchasing an additional 848 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its stake in Talend by 5.8% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 11,071 shares of the technology company’s stock worth $560,000 after purchasing an additional 607 shares during the period. Finally, BlackRock Inc. boosted its stake in Talend by 90.5% during the 4th quarter. BlackRock Inc. now owns 11,100 shares of the technology company’s stock worth $412,000 after purchasing an additional 5,274 shares during the period. 80.87% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts recently weighed in on TLND shares. ValuEngine upgraded shares of Talend from a “hold” rating to a “buy” rating in a research note on Thursday, August 8th. KeyCorp set a $54.00 price target on shares of Talend and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Zacks Investment Research cut shares of Talend from a “hold” rating to a “sell” rating in a research note on Wednesday. Citigroup set a $52.00 target price on shares of Talend and gave the stock a “buy” rating in a research note on Friday, July 26th. Finally, BidaskClub cut shares of Talend from a “sell” rating to a “strong sell” rating in a research note on Tuesday, June 11th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. Talend currently has an average rating of “Hold” and an average target price of $55.43.

Shares of TLND stock traded up $1.05 during mid-day trading on Friday, hitting $40.16. The stock had a trading volume of 211,700 shares, compared to its average volume of 325,449. Talend SA has a fifty-two week low of $31.14 and a fifty-two week high of $73.52. The firm has a market cap of $1.14 billion, a PE ratio of -32.92 and a beta of 0.01. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.59 and a quick ratio of 0.60. The company’s 50-day simple moving average is $36.15 and its 200-day simple moving average is $43.67.

Talend (NASDAQ:TLND) last released its earnings results on Wednesday, August 7th. The technology company reported ($0.21) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.46) by $0.25. Talend had a negative net margin of 25.39% and a negative return on equity of 249.51%. The company had revenue of $60.59 million during the quarter, compared to analysts’ expectations of $59.33 million. During the same quarter last year, the business earned ($0.12) EPS. The business’s revenue was up 21.8% on a year-over-year basis. On average, analysts expect that Talend SA will post -1.81 EPS for the current year.

About Talend

Talend SA provides software platform to address IT integration needs in various industries in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. 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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