Symmetry Peak Management LLC Has $2.03 Million Holdings in Talend S.A. (TLND)
Symmetry Peak Management LLC lessened its stake in Talend S.A. (NASDAQ:TLND) by 45.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 58,477 shares of the technology company’s stock after selling 49,422 shares during the period. Talend accounts for approximately 0.3% of Symmetry Peak Management LLC’s investment portfolio, making the stock its 28th largest holding. Symmetry Peak Management LLC owned about 0.21% of Talend worth $2,034,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in Talend in the first quarter valued at about $101,000. Citigroup Inc. purchased a new position in Talend in the second quarter valued at about $159,000. New York State Common Retirement Fund purchased a new position in Talend in the second quarter valued at about $161,000. UBS Group AG grew its stake in Talend by 15,698.0% in the first quarter. UBS Group AG now owns 7,899 shares of the technology company’s stock valued at $235,000 after purchasing an additional 7,849 shares during the last quarter. Finally, Trexquant Investment LP purchased a new position in Talend in the second quarter valued at about $284,000. Institutional investors own 42.80% of the company’s stock.
Several equities analysts have issued reports on TLND shares. Barclays PLC lifted their target price on Talend from $43.00 to $44.00 and gave the company an “overweight” rating in a research note on Friday, August 4th. Zacks Investment Research lowered Talend from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. BTIG Research reiterated a “buy” rating and issued a $45.00 target price (up previously from $35.00) on shares of Talend in a research note on Thursday, July 13th. KeyCorp reiterated a “buy” rating and issued a $44.00 target price on shares of Talend in a research note on Friday, September 22nd. Finally, ValuEngine upgraded Talend from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $40.17.
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Talend S.A. (TLND) traded up 0.15% during trading on Friday, reaching $40.58. The company’s stock had a trading volume of 7,935 shares. Talend S.A. has a 1-year low of $21.02 and a 1-year high of $41.95. The stock’s market capitalization is $1.14 billion. The stock has a 50 day moving average price of $39.83 and a 200 day moving average price of $39.83.
Talend (NASDAQ:TLND) last posted its quarterly earnings results on Thursday, August 3rd. The technology company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.05). The company had revenue of $35.80 million during the quarter, compared to analyst estimates of $35.33 million. Talend had a negative net margin of 20.62% and a negative return on equity of 159.94%. Talend’s revenue for the quarter was up 40.9% on a year-over-year basis. During the same period in the prior year, the business earned ($1.84) EPS. Analysts anticipate that Talend S.A. will post ($0.79) earnings per share for the current fiscal year.
Talend Company Profile
Talend SA is a provider of open source integration solutions for data-oriented companies and integration platform under Apache Spark. The Company’s platform enables users to connect data and applications on-premise or in the cloud, in real time or in batch, Big Data or reference data. Its commercial products are Data Fabric, Big Data Integration, Real-Time Big Data, Data Preparation, Data Integration, Cloud Integration, Data Quality, Application Integration, Master Data Management and metadata Manager.
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