3,400 Shares in Talend S.A. (TLND) Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. bought a new position in Talend S.A. (NASDAQ:TLND) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,400 shares of the technology company’s stock, valued at approximately $101,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TLND. Ameriprise Financial Inc. raised its position in Talend by 41.9% in the first quarter. Ameriprise Financial Inc. now owns 87,071 shares of the technology company’s stock worth $2,592,000 after buying an additional 25,718 shares during the period. Tygh Capital Management Inc. raised its position in Talend by 62.2% in the first quarter. Tygh Capital Management Inc. now owns 207,619 shares of the technology company’s stock worth $6,183,000 after buying an additional 79,655 shares during the period. Peregrine Capital Management LLC raised its position in Talend by 37.6% in the first quarter. Peregrine Capital Management LLC now owns 444,190 shares of the technology company’s stock worth $12,868,000 after buying an additional 121,386 shares during the period. Finally, Wells Fargo & Company MN raised its position in Talend by 37.9% in the first quarter. Wells Fargo & Company MN now owns 556,760 shares of the technology company’s stock worth $16,580,000 after buying an additional 153,160 shares during the period. 36.22% of the stock is currently owned by institutional investors and hedge funds.

Talend S.A. (TLND) traded up 0.28% during mid-day trading on Friday, reaching $38.86. 107,091 shares of the company traded hands. The stock’s market capitalization is $1.09 billion. The stock has a 50-day moving average of $37.79 and a 200 day moving average of $32.13. Talend S.A. has a 52-week low of $21.02 and a 52-week high of $39.98.

Talend (NASDAQ:TLND) last announced its quarterly earnings data on Thursday, August 3rd. The technology company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by $0.05. The firm had revenue of $35.80 million for the quarter, compared to analysts’ expectations of $35.33 million. Talend had a negative net margin of 20.62% and a negative return on equity of 159.94%. The business’s quarterly revenue was up 40.9% on a year-over-year basis. During the same period in the previous year, the company posted ($1.84) EPS. Equities research analysts expect that Talend S.A. will post ($0.79) earnings per share for the current year.

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A number of research firms have weighed in on TLND. Zacks Investment Research raised shares of Talend from a “sell” rating to a “hold” rating in a research note on Tuesday. BTIG Research restated a “buy” rating and set a $45.00 price target (up previously from $35.00) on shares of Talend in a report on Thursday, July 13th. Barclays PLC restated a “buy” rating on shares of Talend in a report on Wednesday, July 19th. Rosenblatt Securities restated a “buy” rating and set a $37.00 price target (up previously from $30.00) on shares of Talend in a report on Monday, May 15th. Finally, Citigroup Inc. restated a “buy” rating and set a $40.00 price target (up previously from $39.00) on shares of Talend in a report on Monday, May 15th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $36.43.

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.

Institutional Ownership by Quarter for Talend (NASDAQ:TLND)

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