Morgan Stanley Boosts Position in Talend SA (TLND)

Morgan Stanley boosted its stake in shares of Talend SA (NASDAQ:TLND) by 0.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 549,344 shares of the technology company’s stock after buying an additional 3,910 shares during the quarter. Morgan Stanley’s holdings in Talend were worth $38,312,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of TLND. BlackRock Inc. grew its position in Talend by 1,906.0% during the second quarter. BlackRock Inc. now owns 2,347 shares of the technology company’s stock valued at $146,000 after buying an additional 2,230 shares during the period. FMR LLC grew its position in Talend by 2.0% during the second quarter. FMR LLC now owns 1,632,737 shares of the technology company’s stock valued at $101,687,000 after buying an additional 32,132 shares during the period. Point72 Asset Management L.P. bought a new position in Talend during the second quarter valued at about $8,177,000. Centaurus Financial Inc. bought a new position in Talend during the second quarter valued at about $101,000. Finally, Millennium Management LLC grew its position in Talend by 45.7% during the second quarter. Millennium Management LLC now owns 248,529 shares of the technology company’s stock valued at $15,478,000 after buying an additional 77,934 shares during the period. Institutional investors own 79.13% of the company’s stock.

A number of equities analysts have weighed in on TLND shares. Zacks Investment Research lowered shares of Talend from a “hold” rating to a “sell” rating in a research report on Friday, November 16th. Barclays increased their target price on shares of Talend from $72.00 to $91.00 and gave the stock an “overweight” rating in a research report on Monday, September 17th. Rosenblatt Securities lowered shares of Talend from a “buy” rating to a “neutral” rating in a research report on Thursday, November 8th. Citigroup set a $81.00 target price on shares of Talend and gave the stock a “buy” rating in a research report on Friday, November 9th. Finally, KeyCorp reiterated a “buy” rating and set a $61.00 target price on shares of Talend in a research report on Thursday, November 8th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $56.38.

Shares of NASDAQ:TLND opened at $36.09 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of -36.09 and a beta of 0.12. Talend SA has a twelve month low of $31.35 and a twelve month high of $73.52.

Talend (NASDAQ:TLND) last announced its quarterly earnings results on Wednesday, November 7th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.01. Talend had a negative net margin of 20.40% and a negative return on equity of 153.54%. The firm had revenue of $52.07 million for the quarter, compared to the consensus estimate of $51.84 million. During the same period in the prior year, the firm posted ($0.11) earnings per share. The company’s revenue for the quarter was up 32.2% on a year-over-year basis. Analysts predict that Talend SA will post -1.1 EPS for the current fiscal year.

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About Talend

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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Institutional Ownership by Quarter for Talend (NASDAQ:TLND)

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