TLND has been the topic of a number of other research reports. Needham & Company LLC reissued a buy rating and issued a $69.00 target price (up previously from $68.00) on shares of Talend in a research note on Friday, February 15th. ValuEngine cut shares of Talend from a buy rating to a hold rating in a research note on Wednesday, February 13th. KeyCorp reissued a buy rating and issued a $52.00 target price on shares of Talend in a research note on Wednesday, January 9th. Zacks Investment Research cut shares of Talend from a strong-buy rating to a hold rating in a research note on Friday, February 22nd. Finally, BTIG Research upped their target price on shares of Talend to $62.00 and gave the company a buy rating in a research note on Monday, March 25th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $64.83.
Talend stock opened at $47.98 on Tuesday. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of -39.33 and a beta of 0.20. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.60 and a quick ratio of 0.72. Talend has a fifty-two week low of $31.35 and a fifty-two week high of $73.52.
In other news, COO Laurent Bride sold 3,483 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $47.92, for a total transaction of $166,905.36. Following the sale, the chief operating officer now directly owns 174,819 shares of the company’s stock, valued at $8,377,326.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Several institutional investors and hedge funds have recently added to or reduced their stakes in TLND. Quantamental Technologies LLC acquired a new position in Talend in the first quarter valued at approximately $31,000. Barclays PLC lifted its holdings in Talend by 472.7% in the fourth quarter. Barclays PLC now owns 945 shares of the technology company’s stock valued at $35,000 after buying an additional 780 shares during the period. Penserra Capital Management LLC lifted its holdings in Talend by 63.7% in the fourth quarter. Penserra Capital Management LLC now owns 1,182 shares of the technology company’s stock valued at $43,000 after buying an additional 460 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Talend by 485.4% in the first quarter. PNC Financial Services Group Inc. now owns 1,405 shares of the technology company’s stock valued at $71,000 after buying an additional 1,165 shares during the period. Finally, AdvisorNet Financial Inc lifted its holdings in Talend by 126.4% in the fourth quarter. AdvisorNet Financial Inc now owns 4,335 shares of the technology company’s stock valued at $161,000 after buying an additional 2,420 shares during the period. 79.95% of the stock is currently owned by institutional investors and hedge funds.
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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