Talend SA (TLND) Downgraded to Sell at Zacks Investment Research

Zacks Investment Research lowered shares of Talend SA (NASDAQ:TLND) from a hold rating to a sell rating in a report issued on Saturday.

According to Zacks, “Talend SA is a provider of big data and cloud integration solutions. 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. The company also provides technical support; and consulting and training services. Talend SA is based in Suresnes, France. “

Talend SA (NASDAQ:TLND) traded down 1.83% during mid-day trading on Friday, hitting $29.52. 144,699 shares of the stock were exchanged. The firm’s market cap is $825.70 million. Talend SA has a 52-week low of $21.02 and a 52-week high of $34.49. The company has a 50 day moving average price of $29.01 and a 200 day moving average price of $25.04.

Talend SA (NASDAQ:TLND) last issued its quarterly earnings data on Thursday, February 9th. The technology company reported ($0.13) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.05. The firm earned $30.50 million during the quarter, compared to analyst estimates of $29.42 million. The firm’s revenue for the quarter was up 45.9% compared to the same quarter last year. On average, analysts anticipate that Talend SA will post ($0.71) EPS for the current year.

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Several hedge funds have recently added to or reduced their stakes in TLND. Capital World Investors bought a new position in shares of Talend SA during the third quarter worth about $20,601,000. BlackRock Advisors LLC bought a new position in shares of Talend SA during the third quarter worth about $1,833,000. Gilder Gagnon Howe & Co. LLC bought a new position in shares of Talend SA during the third quarter worth about $1,164,000. Wells Fargo & Company MN bought a new position in shares of Talend SA during the third quarter worth about $5,783,000. Finally, Citadel Advisors LLC bought a new position in shares of Talend SA during the third quarter worth about $3,793,000.

Talend SA 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.

5 Day Chart for NASDAQ:TLND

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