Talend S.A. (TLND) Shares Bought by Nicholas Investment Partners LP
Nicholas Investment Partners LP increased its stake in shares of Talend S.A. (NASDAQ:TLND) by 9.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,575 shares of the technology company’s stock after acquiring an additional 2,455 shares during the quarter. Nicholas Investment Partners LP owned about 0.10% of Talend worth $1,170,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in Talend by 14.7% in the second quarter. JPMorgan Chase & Co. now owns 3,900 shares of the technology company’s stock valued at $136,000 after purchasing an additional 500 shares during the period. Citigroup Inc. acquired a new position in Talend in the second quarter valued at $159,000. New York State Common Retirement Fund acquired a new position in Talend in the second quarter valued at $161,000. Harbour Capital Advisors LLC acquired a new position in Talend in the third quarter valued at $264,000. Finally, Trexquant Investment LP acquired a new position in Talend in the second quarter valued at $284,000. Institutional investors own 45.68% of the company’s stock.
A number of research analysts have commented on the stock. Zacks Investment Research lowered shares of Talend from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. BidaskClub downgraded shares of Talend from a “hold” rating to a “sell” rating in a report on Wednesday. KeyCorp reaffirmed a “buy” rating and issued a $44.00 target price on shares of Talend in a report on Friday, September 22nd. Finally, Barclays lifted their target price on shares of Talend from $44.00 to $55.00 and gave the company an “overweight” rating in a report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. Talend currently has an average rating of “Buy” and a consensus target price of $46.00.
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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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