Pier Capital LLC decreased its position in Talend S.A. (NASDAQ:TLND) by 17.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 138,153 shares of the technology company’s stock after selling 29,679 shares during the period. Pier Capital LLC owned about 0.48% of Talend worth $5,656,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd bought a new stake in Talend in the 2nd quarter valued at approximately $354,000. TimesSquare Capital Management LLC lifted its stake in Talend by 11.4% in the 2nd quarter. TimesSquare Capital Management LLC now owns 1,348,600 shares of the technology company’s stock valued at $46,904,000 after acquiring an additional 137,600 shares in the last quarter. Bank of America Corp DE lifted its stake in Talend by 169.0% in the 1st quarter. Bank of America Corp DE now owns 11,369 shares of the technology company’s stock valued at $339,000 after acquiring an additional 7,142 shares in the last quarter. Citigroup Inc. bought a new stake in Talend in the 2nd quarter valued at approximately $159,000. Finally, Lord Abbett & CO. LLC lifted its stake in Talend by 14.5% in the 2nd quarter. Lord Abbett & CO. LLC now owns 368,028 shares of the technology company’s stock valued at $12,800,000 after acquiring an additional 46,669 shares in the last quarter. Hedge funds and other institutional investors own 45.68% of the company’s stock.
Several equities research analysts have commented on the company. Zacks Investment Research upgraded Talend from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th. KeyCorp reiterated a “buy” rating and set a $44.00 price objective on shares of Talend in a research note on Friday, September 22nd. Finally, Barclays upped their price objective on Talend from $44.00 to $55.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 7th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Talend currently has an average rating of “Buy” and an average price target 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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