Shares of Talend SA (NASDAQ:TLND) have received a consensus recommendation of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $61.14.
TLND has been the subject of several recent research reports. Zacks Investment Research downgraded Talend from a “hold” rating to a “sell” rating in a research note on Wednesday, May 15th. Goldman Sachs Group initiated coverage on Talend in a research note on Friday, June 7th. They issued a “sell” rating and a $39.00 price objective for the company. ValuEngine downgraded Talend from a “buy” rating to a “hold” rating in a research note on Tuesday, March 5th. BidaskClub downgraded Talend from a “hold” rating to a “sell” rating in a research note on Tuesday, April 30th. Finally, KeyCorp upped their price objective on Talend from $52.00 to $65.00 and gave the company an “overweight” rating in a research note on Monday, April 8th.
Shares of TLND stock traded down $0.63 on Tuesday, reaching $39.50. The company had a trading volume of 13,414 shares, compared to its average volume of 266,850. The stock has a market capitalization of $1.16 billion, a P/E ratio of -32.38 and a beta of 0.33. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.03. Talend has a one year low of $31.35 and a one year high of $73.52.
In other news, COO Laurent Bride sold 3,483 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $47.92, for a total value 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 $8,377,326.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
A number of large investors have recently added to or reduced their stakes in the business. Stifel Financial Corp increased its position in Talend by 1.7% during the 4th quarter. Stifel Financial Corp now owns 25,970 shares of the technology company’s stock valued at $982,000 after purchasing an additional 445 shares during the period. Penserra Capital Management LLC increased its position in Talend by 63.7% during the 4th quarter. Penserra Capital Management LLC now owns 1,182 shares of the technology company’s stock valued at $43,000 after purchasing an additional 460 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its position in Talend by 5.8% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 11,071 shares of the technology company’s stock valued at $560,000 after purchasing an additional 607 shares during the period. Quantamental Technologies LLC acquired a new stake in Talend during the 1st quarter valued at approximately $31,000. Finally, Barclays PLC increased its position in Talend by 472.7% during the 4th quarter. Barclays PLC now owns 945 shares of the technology company’s stock valued at $35,000 after purchasing an additional 780 shares during the period. 80.20% of the stock is owned by institutional investors and hedge funds.
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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