Talend SA (NASDAQ:TLND) COO Laurent Bride sold 1,385 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $39.30, for a total value of $54,430.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Talend stock opened at $39.09 on Friday. The firm has a 50 day simple moving average of $37.81 and a 200 day simple moving average of $43.55. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.59 and a quick ratio of 0.59. Talend SA has a fifty-two week low of $31.14 and a fifty-two week high of $73.52. The firm has a market cap of $1.07 billion, a P/E ratio of -32.04 and a beta of -0.12.
Talend (NASDAQ:TLND) last released its earnings results on Wednesday, August 7th. The technology company reported ($0.21) EPS for the quarter, topping analysts’ consensus estimates of ($0.46) by $0.25. Talend had a negative net margin of 25.39% and a negative return on equity of 249.51%. The firm had revenue of $60.59 million during the quarter, compared to analyst estimates of $59.33 million. During the same quarter in the previous year, the business earned ($0.12) EPS. The business’s quarterly revenue was up 21.8% compared to the same quarter last year. On average, sell-side analysts expect that Talend SA will post -1.81 EPS for the current year.
Several research firms recently weighed in on TLND. Zacks Investment Research upgraded shares of Talend from a “sell” rating to a “hold” rating in a research note on Thursday, August 22nd. Citigroup set a $52.00 price target on shares of Talend and gave the stock a “buy” rating in a research note on Friday, July 26th. BidaskClub cut shares of Talend from a “sell” rating to a “strong sell” rating in a research note on Tuesday, June 11th. KeyCorp set a $54.00 price target on shares of Talend and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Finally, Goldman Sachs Group started coverage on shares of Talend in a report on Friday, June 7th. They set a “sell” rating and a $39.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $55.43.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quantamental Technologies LLC acquired a new stake in Talend during the 1st quarter worth $31,000. Aperio Group LLC bought a new position in shares of Talend during the second quarter worth $62,000. Penserra Capital Management LLC boosted its position in shares of Talend by 71.7% during the first quarter. Penserra Capital Management LLC now owns 2,030 shares of the technology company’s stock worth $102,000 after purchasing an additional 848 shares in the last quarter. Cubist Systematic Strategies LLC boosted its position in shares of Talend by 174.5% during the second quarter. Cubist Systematic Strategies LLC now owns 2,663 shares of the technology company’s stock worth $103,000 after purchasing an additional 1,693 shares in the last quarter. Finally, NumerixS Investment Technologies Inc bought a new position in shares of Talend during the second quarter worth $127,000. 85.64% of the stock is owned by hedge funds and other institutional investors.
Talend Company Profile
Talend SA provides software platform to address IT integration needs in various industries in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. 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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