Crestline Management LP trimmed its position in shares of Talend SA (NASDAQ:TLND) by 47.9% in the 4th quarter, Holdings Channel reports. The fund owned 36,700 shares of the technology company’s stock after selling 33,781 shares during the quarter. Crestline Management LP’s holdings in Talend were worth $1,361,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of TLND. Capital Research Global Investors bought a new position in shares of Talend during the third quarter valued at about $45,199,000. SQN Investors LP increased its position in shares of Talend by 405.5% during the third quarter. SQN Investors LP now owns 784,082 shares of the technology company’s stock valued at $54,682,000 after buying an additional 628,983 shares during the period. Capital International Investors purchased a new position in shares of Talend during the third quarter valued at about $43,518,000. Marshall Wace LLP purchased a new position in shares of Talend during the third quarter valued at about $33,643,000. Finally, Dorsal Capital Management LLC purchased a new position in shares of Talend during the third quarter valued at about $20,922,000. 80.25% of the stock is owned by hedge funds and other institutional investors.

Several brokerages recently issued reports on TLND. KeyCorp reduced their price target on shares of Talend from $61.00 to $52.00 and set an “overweight” rating on the stock in a research report on Monday, November 19th. They noted that the move was a valuation call. BidaskClub cut shares of Talend from a “hold” rating to a “sell” rating in a research report on Saturday, March 9th. ValuEngine cut shares of Talend from a “buy” rating to a “hold” rating in a research report on Tuesday, November 20th. Rosenblatt Securities reiterated a “hold” rating and set a $42.00 price target on shares of Talend in a research report on Thursday, January 10th. Finally, Zacks Investment Research cut shares of Talend from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 22nd. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $60.67.

Shares of NASDAQ TLND opened at $49.24 on Monday. Talend SA has a 1 year low of $31.35 and a 1 year high of $73.52. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market cap of $1.41 billion, a P/E ratio of -40.36 and a beta of 0.24.

Talend (NASDAQ:TLND) last announced its quarterly earnings data on Thursday, February 14th. The technology company reported ($0.13) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.27) by $0.14. The business had revenue of $55.70 million for the quarter, compared to analysts’ expectations of $55.75 million. Talend had a negative net margin of 19.75% and a negative return on equity of 123.26%. The business’s revenue was up 34.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.28) earnings per share. As a group, equities analysts predict that Talend SA will post -1.27 EPS for the current fiscal year.

In other Talend news, COO Laurent Bride sold 2,397 shares of the company’s stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $46.00, for a total value of $110,262.00. Following the sale, the chief operating officer now owns 138,626 shares in the company, valued at $6,376,796. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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Talend Company Profile

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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Institutional Ownership by Quarter for Talend (NASDAQ:TLND)

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