Tygh Capital Management Inc. cut its position in Talend SA (NASDAQ:TLND) by 40.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 73,939 shares of the technology company’s stock after selling 50,850 shares during the quarter. Tygh Capital Management Inc.’s holdings in Talend were worth $2,771,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in Talend by 14.7% in the second quarter. JPMorgan Chase & Co. now owns 3,900 shares of the technology company’s stock worth $136,000 after purchasing an additional 500 shares in the last quarter. Citigroup Inc. bought a new position in Talend in the second quarter worth about $159,000. New York State Common Retirement Fund bought a new position in Talend in the second quarter worth about $161,000. Harbour Capital Advisors LLC bought a new position in Talend in the third quarter worth about $264,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in Talend in the second quarter worth about $354,000. Institutional investors and hedge funds own 45.72% of the company’s stock.
A number of equities research analysts have recently weighed in on TLND shares. Barclays boosted their price target on Talend from $44.00 to $55.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 7th. BidaskClub lowered Talend from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. JPMorgan Chase & Co. lowered Talend from a “neutral” rating to an “underweight” rating in a research note on Thursday, January 25th. KeyCorp boosted their price target on Talend from $4.00 to $5.00 and gave the stock an “overweight” rating in a research note on Friday, November 10th. Finally, Citigroup lowered Talend from a “buy” rating to a “neutral” rating and set a $61.00 price target on the stock. in a research note on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. Talend has an average rating of “Hold” and a consensus target price of $50.20.
Talend (NASDAQ:TLND) last issued its quarterly earnings results on Thursday, November 9th. The technology company reported ($0.17) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.26) by $0.09. Talend had a negative return on equity of 207.85% and a negative net margin of 18.23%. sell-side analysts anticipate that Talend SA will post -1.01 EPS for the current year.
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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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