Macquarie Group Ltd. raised its position in Talend (NASDAQ:TLND) by 3.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,691 shares of the technology company’s stock after purchasing an additional 1,321 shares during the quarter. Macquarie Group Ltd. owned 0.13% of Talend worth $1,375,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Advocates Investment Management acquired a new stake in shares of Talend in the 4th quarter valued at about $202,000. California Public Employees Retirement System acquired a new stake in shares of Talend in the 4th quarter valued at about $335,000. JPMorgan Chase & Co. raised its stake in shares of Talend by 218.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,414 shares of the technology company’s stock valued at $497,000 after purchasing an additional 8,514 shares during the period. Geode Capital Management LLC raised its stake in shares of Talend by 35.8% in the 4th quarter. Geode Capital Management LLC now owns 19,814 shares of the technology company’s stock valued at $742,000 after purchasing an additional 5,227 shares during the period. Finally, HBK Investments L P raised its stake in shares of Talend by 34.6% in the 4th quarter. HBK Investments L P now owns 21,105 shares of the technology company’s stock valued at $791,000 after purchasing an additional 5,420 shares during the period. 59.57% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ:TLND opened at $46.98 on Friday. The company has a debt-to-equity ratio of -0.01, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market capitalization of $1,343.80, a P/E ratio of -46.98 and a beta of 0.21. Talend has a 52-week low of $28.77 and a 52-week high of $52.10.
Several research firms have issued reports on TLND. BidaskClub downgraded Talend from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Needham & Company LLC began coverage on Talend in a research note on Friday, March 23rd. They issued a “buy” rating and a $59.00 price target on the stock. Zacks Investment Research raised Talend from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. KeyCorp reissued a “buy” rating on shares of Talend in a research note on Tuesday, February 13th. Finally, JPMorgan Chase lifted their price target on Talend from $40.00 to $41.00 and gave the company an “underweight” rating in a research note on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. Talend has an average rating of “Buy” and an average price target of $49.75.
Talend SA provides platform to address IT integration needs in various industries. 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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