Wells Fargo & Company MN raised its stake in shares of Talend SA (NASDAQ:TLND) by 37.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 556,760 shares of the technology company’s stock after buying an additional 153,160 shares during the period. Wells Fargo & Company MN owned about 1.99% of Talend SA worth $16,580,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. Capital World Investors purchased a new position in Talend SA during the third quarter worth $20,601,000. FIL Ltd raised its position in Talend SA by 85.3% in the fourth quarter. FIL Ltd now owns 602,911 shares of the technology company’s stock worth $13,385,000 after buying an additional 277,500 shares in the last quarter. Peregrine Capital Management LLC raised its position in Talend SA 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 in the last quarter. Putnam Investments LLC purchased a new position in Talend SA during the fourth quarter worth $1,660,000. Finally, Gilder Gagnon Howe & Co. LLC purchased a new position in Talend SA during the third quarter worth $1,164,000.
Talend SA (NASDAQ:TLND) traded up 3.33% during mid-day trading on Thursday, reaching $34.49. 38,734 shares of the company were exchanged. The stock’s market capitalization is $964.72 million. Talend SA has a 12-month low of $21.02 and a 12-month high of $34.63. The company’s 50 day moving average price is $30.97 and its 200-day moving average price is $26.45.
Talend SA (NASDAQ:TLND) last posted its earnings results on Thursday, May 11th. The technology company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by $0.03. The firm had revenue of $32.90 million for the quarter, compared to the consensus estimate of $32.01 million. The firm’s revenue was up 44.3% on a year-over-year basis. On average, equities research analysts forecast that Talend SA will post ($0.77) earnings per share for the current fiscal year.
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TLND has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Talend SA from a “hold” rating to a “sell” rating in a research report on Wednesday, February 15th. Citigroup Inc reissued a “buy” rating and set a $40.00 target price (up previously from $39.00) on shares of Talend SA in a research report on Monday, May 15th. Rosenblatt Securities reaffirmed a “buy” rating and set a $37.00 price objective (up previously from $30.00) on shares of Talend SA in a research report on Monday, May 15th. Barclays PLC reaffirmed an “overweight” rating and set a $33.00 price objective (up previously from $30.00) on shares of Talend SA in a research report on Sunday, May 14th. Finally, BTIG Research started coverage on shares of Talend SA in a research report on Monday, April 17th. They set a “buy” rating for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $33.17.
About Talend SA
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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