Wells Fargo & Company MN reduced its position in Talend SA (NASDAQ:TLND) by 16.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 468,286 shares of the technology company’s stock after selling 93,904 shares during the period. Wells Fargo & Company MN owned 1.61% of Talend worth $17,552,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. California Public Employees Retirement System bought a new stake in Talend during the fourth quarter worth approximately $335,000. Rosenblum Silverman Sutton S F Inc. CA increased its stake in Talend by 13.3% during the fourth quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 25,550 shares of the technology company’s stock worth $958,000 after acquiring an additional 3,000 shares during the last quarter. Peregrine Capital Management LLC increased its stake in Talend by 2.7% during the fourth quarter. Peregrine Capital Management LLC now owns 451,674 shares of the technology company’s stock worth $16,929,000 after acquiring an additional 11,879 shares during the last quarter. Nicholas Investment Partners LP increased its stake in Talend by 9.4% during the third quarter. Nicholas Investment Partners LP now owns 28,575 shares of the technology company’s stock worth $1,170,000 after acquiring an additional 2,455 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Talend by 218.3% during the third quarter. JPMorgan Chase & Co. now owns 12,414 shares of the technology company’s stock worth $497,000 after acquiring an additional 8,514 shares during the last quarter. Institutional investors own 59.57% of the company’s stock.
Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price objective on Talend from $40.00 to $41.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 14th. Zacks Investment Research raised Talend from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. ValuEngine raised Talend from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. KeyCorp reaffirmed a “buy” rating and set a $53.00 target price on shares of Talend in a research note on Tuesday, November 14th. Finally, BidaskClub raised Talend from a “hold” rating to a “buy” rating in a research note on Friday, March 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. Talend presently has an average rating of “Buy” and a consensus target price of $48.43.
Talend (NASDAQ:TLND) last released its earnings results on Tuesday, February 13th. The technology company reported ($0.34) EPS for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.02. The firm had revenue of $41.52 million for the quarter, compared to analysts’ expectations of $41.40 million. Talend had a negative return on equity of 454.15% and a negative net margin of 21.00%. sell-side analysts forecast that Talend SA will post -0.96 EPS for the current year.
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Talend Company Profile
Talend SA is a provider of open source integration solutions for data-oriented companies and integration platform under Apache Spark. The Company’s platform enables users to connect data and applications on-premise or in the cloud, in real time or in batch, Big Data or reference data. Its commercial products are Data Fabric, Big Data Integration, Real-Time Big Data, Data Preparation, Data Integration, Cloud Integration, Data Quality, Application Integration, Master Data Management and metadata Manager.
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