Talend (NASDAQ:TLND) Reaches New 12-Month Low at $31.25

Talend SA (NASDAQ:TLND) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $31.25 and last traded at $31.25, with a volume of 115 shares trading hands. The stock had previously closed at $32.25.

Several equities analysts recently issued reports on TLND shares. Zacks Investment Research upgraded shares of Talend from a “sell” rating to a “hold” rating in a research report on Saturday, July 13th. KeyCorp reiterated a “buy” rating and set a $65.00 price target on shares of Talend in a research report on Wednesday, May 8th. Citigroup set a $52.00 price target on shares of Talend and gave the company a “buy” rating in a research report on Friday, July 26th. ValuEngine lowered shares of Talend from a “buy” rating to a “hold” rating in a research note on Tuesday, May 7th. Finally, BidaskClub lowered shares of Talend from a “sell” rating to a “strong sell” rating in a research note on Tuesday, June 11th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. Talend currently has an average rating of “Hold” and a consensus price target of $57.00.

The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.03. The stock has a 50 day moving average price of $36.81. The firm has a market capitalization of $910.19 million, a price-to-earnings ratio of -26.43 and a beta of 0.02.

Talend (NASDAQ:TLND) last posted its quarterly earnings data on Wednesday, May 8th. The technology company reported ($0.32) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.07. Talend had a negative net margin of 22.24% and a negative return on equity of 168.43%. The business had revenue of $57.84 million for the quarter, compared to analyst estimates of $56.59 million. During the same quarter in the previous year, the firm posted ($0.18) earnings per share. Talend’s quarterly revenue was up 23.6% on a year-over-year basis. As a group, equities analysts anticipate that Talend SA will post -1.72 earnings per share for the current fiscal year.

In related news, COO Laurent Bride sold 3,483 shares of the business’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $47.92, for a total transaction of $166,905.36. Following the sale, the chief operating officer now owns 174,819 shares of the company’s stock, valued at $8,377,326.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 4.30% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of TLND. FIL Ltd raised its holdings in shares of Talend by 62.8% during the first 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. Wells Fargo & Company MN raised its holdings in shares of Talend by 44.7% during the first 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. FMR LLC raised its holdings in shares of Talend by 19.7% during the first quarter. FMR LLC now owns 2,994,695 shares of the technology company’s stock valued at $151,442,000 after purchasing an additional 493,506 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in shares of Talend by 23.0% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 158,857 shares of the technology company’s stock valued at $8,033,000 after purchasing an additional 29,724 shares during the last quarter. Finally, Pier Capital LLC purchased a new position in shares of Talend during the first quarter valued at approximately $5,240,000. Hedge funds and other institutional investors own 80.06% of the company’s stock.

Talend Company Profile (NASDAQ:TLND)

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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