Laurion Capital Management LP acquired a new position in shares of Talend SA (NASDAQ:TLND) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 61,910 shares of the technology company’s stock, valued at approximately $4,318,000. Laurion Capital Management LP owned 0.21% of Talend at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of TLND. Whale Rock Capital Management LLC acquired a new position in shares of Talend during the second quarter worth about $182,842,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Talend during the third quarter worth about $18,944,000. Putnam Investments LLC boosted its position in shares of Talend by 16.9% during the second quarter. Putnam Investments LLC now owns 1,795,830 shares of the technology company’s stock worth $111,845,000 after buying an additional 259,418 shares during the period. Point72 Asset Management L.P. acquired a new position in shares of Talend during the second quarter worth about $8,177,000. Finally, Hunt Lane Capital LP boosted its position in shares of Talend by 5.9% during the second quarter. Hunt Lane Capital LP now owns 1,800,000 shares of the technology company’s stock worth $112,104,000 after buying an additional 100,000 shares during the period. 79.60% of the stock is owned by institutional investors.
Shares of NASDAQ TLND opened at $40.51 on Friday. Talend SA has a 52 week low of $32.66 and a 52 week high of $73.52. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.14 and a current ratio of 1.14.
Talend (NASDAQ:TLND) last issued its quarterly earnings results on Wednesday, November 7th. The technology company reported ($0.09) EPS for the quarter, beating the consensus estimate 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 firm had revenue of $52.07 million during the quarter, compared to analysts’ expectations of $51.84 million. During the same period in the prior year, the firm posted ($0.11) earnings per share. The business’s quarterly revenue was up 32.2% compared to the same quarter last year. On average, analysts expect that Talend SA will post -1.1 EPS for the current fiscal year.
Several research analysts have recently weighed in on the company. BidaskClub cut Talend from a “buy” rating to a “hold” rating in a research report on Saturday, September 29th. Barclays upped their price objective on Talend from $72.00 to $91.00 and gave the stock an “overweight” rating in a research report on Monday, September 17th. Citigroup set a $86.00 price objective on Talend and gave the stock a “buy” rating in a research report on Tuesday, September 18th. Zacks Investment Research raised Talend from a “sell” rating to a “hold” rating in a research report on Thursday, August 30th. Finally, Needham & Company LLC reduced their price target on Talend from $71.00 to $68.00 and set a “buy” rating for the company in a research report on Thursday, November 8th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. Talend presently has an average rating of “Hold” and a consensus price target of $58.43.
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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