Champlain Investment Partners LLC lowered its holdings in Talend SA (NASDAQ:TLND) by 25.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 720,105 shares of the technology company’s stock after selling 249,305 shares during the period. Champlain Investment Partners LLC’s holdings in Talend were worth $36,416,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Amundi Pioneer Asset Management Inc. acquired a new stake in shares of Talend in the 1st quarter valued at $23,973,000. FIL Ltd lifted its stake in shares of Talend by 62.8% in the 1st quarter. FIL Ltd now owns 228,474 shares of the technology company’s stock valued at $11,554,000 after purchasing an additional 88,131 shares during the last quarter. King Luther Capital Management Corp lifted its stake in shares of Talend by 657.0% in the 1st quarter. King Luther Capital Management Corp now owns 52,990 shares of the technology company’s stock valued at $2,680,000 after purchasing an additional 45,990 shares during the last quarter. Federated Investors Inc. PA lifted its stake in shares of Talend by 200.4% in the 1st quarter. Federated Investors Inc. PA now owns 105,147 shares of the technology company’s stock valued at $5,317,000 after purchasing an additional 70,147 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of Talend by 44.7% in the 1st quarter. Wells Fargo & Company MN now owns 1,010,372 shares of the technology company’s stock valued at $51,095,000 after purchasing an additional 312,141 shares during the last quarter. 80.65% of the stock is currently owned by hedge funds and other institutional investors.
Several equities research analysts recently issued reports on TLND shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $69.00 price objective (up previously from $68.00) on shares of Talend in a research note on Friday, February 15th. ValuEngine lowered shares of Talend from a “buy” rating to a “hold” rating in a research note on Wednesday, February 13th. Zacks Investment Research lowered shares of Talend from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 22nd. KeyCorp reaffirmed a “buy” rating and issued a $65.00 price objective on shares of Talend in a research note on Wednesday, May 8th. Finally, BidaskClub raised shares of Talend from a “sell” rating to a “hold” rating in a research note on Friday, March 1st. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. Talend has a consensus rating of “Hold” and a consensus target price of $61.14.
Talend stock opened at $40.78 on Thursday. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.03. Talend SA has a fifty-two week low of $31.35 and a fifty-two week high of $73.52.
Talend (NASDAQ:TLND) last released its earnings results on Wednesday, May 8th. The technology company reported ($0.32) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.39) by $0.07. The firm had revenue of $57.84 million during the quarter, compared to analyst estimates of $56.59 million. Talend had a negative net margin of 22.24% and a negative return on equity of 168.43%. The business’s revenue was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.18) EPS. Equities research analysts expect that Talend SA will post -1.72 EPS for the current fiscal year.
In other Talend news, COO Laurent Bride sold 3,483 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $47.92, for a total transaction of $166,905.36. Following the completion of the transaction, the chief operating officer now owns 174,819 shares of the company’s stock, valued at approximately $8,377,326.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
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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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