Focused Wealth Management Inc Buys New Shares in Talend SA (NASDAQ:TLND)

Focused Wealth Management Inc bought a new stake in Talend SA (NASDAQ:TLND) in the third quarter, HoldingsChannel.com reports. The firm bought 3,100 shares of the technology company’s stock, valued at approximately $105,000.

Other large investors also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new position in Talend in the third quarter valued at $39,000. Aperio Group LLC purchased a new position in Talend in the second quarter valued at $62,000. Tower Research Capital LLC TRC purchased a new position in Talend in the third quarter valued at $68,000. Cubist Systematic Strategies LLC boosted its holdings in Talend by 174.5% in the second quarter. Cubist Systematic Strategies LLC now owns 2,663 shares of the technology company’s stock valued at $103,000 after purchasing an additional 1,693 shares during the period. Finally, NumerixS Investment Technologies Inc purchased a new position in Talend in the second quarter valued at $127,000. Hedge funds and other institutional investors own 81.53% of the company’s stock.

In other Talend news, COO Laurent Bride sold 1,385 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $39.30, for a total value of $54,430.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.30% of the stock is owned by company insiders.

Talend stock traded down $0.86 during midday trading on Wednesday, reaching $34.23. The company’s stock had a trading volume of 5,276 shares, compared to its average volume of 329,875. Talend SA has a fifty-two week low of $31.14 and a fifty-two week high of $53.09. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.05. The company has a market cap of $1.07 billion, a P/E ratio of -28.00 and a beta of -0.15. The business has a 50-day simple moving average of $35.28 and a 200-day simple moving average of $39.45.

Talend (NASDAQ:TLND) last posted its quarterly earnings results on Wednesday, November 6th. The technology company reported ($0.08) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.24) by $0.16. Talend had a negative return on equity of 261.40% and a negative net margin of 26.00%. The company had revenue of $62.63 million for the quarter, compared to analysts’ expectations of $62.14 million. During the same period last year, the firm earned ($0.09) earnings per share. Talend’s quarterly revenue was up 20.3% on a year-over-year basis. As a group, equities analysts forecast that Talend SA will post -1.65 earnings per share for the current year.

A number of research analysts recently issued reports on TLND shares. Barclays set a $56.00 target price on Talend and gave the company a “buy” rating in a report on Friday, November 1st. Citigroup set a $52.00 target price on Talend and gave the company a “buy” rating in a report on Friday, July 26th. Zacks Investment Research lowered Talend from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. William Blair reiterated an “outperform” rating on shares of Talend in a report on Thursday, November 7th. Finally, BidaskClub upgraded Talend from a “strong sell” rating to a “sell” rating in a report on Saturday, November 2nd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. Talend has an average rating of “Hold” and an average target price of $53.43.

Talend Company Profile

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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