Laurion Capital Management LP bought a new position in shares of Talend SA (NASDAQ:TLND) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 61,910 shares of the technology company’s stock, valued at approximately $4,318,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Centaurus Financial Inc. bought a new position in Talend during the 2nd quarter worth $101,000. DekaBank Deutsche Girozentrale increased its stake in Talend by 160.0% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 2,080 shares of the technology company’s stock worth $129,000 after acquiring an additional 1,280 shares during the period. BlackRock Inc. increased its stake in Talend by 1,906.0% during the 2nd quarter. BlackRock Inc. now owns 2,347 shares of the technology company’s stock worth $146,000 after acquiring an additional 2,230 shares during the period. FDx Advisors Inc. bought a new position in Talend during the 3rd quarter worth $201,000. Finally, Engineers Gate Manager LP bought a new position in Talend during the 2nd quarter worth $206,000. Institutional investors own 79.60% of the company’s stock.

Shares of TLND opened at $40.51 on Friday. Talend SA has a 52-week low of $32.66 and a 52-week high of $73.52. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.03.

Talend (NASDAQ:TLND) last issued its quarterly earnings results on Wednesday, November 7th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.01. Talend had a negative return on equity of 153.54% and a negative net margin of 20.40%. The company had revenue of $52.07 million for the quarter, compared to analyst estimates of $51.84 million. During the same quarter last year, the company posted ($0.11) EPS. The company’s revenue for the quarter was up 32.2% compared to the same quarter last year. As a group, equities research analysts predict that Talend SA will post -1.1 earnings per share for the current year.

A number of equities analysts have commented on the company. BTIG Research lowered their price objective on Talend to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, November 20th. ValuEngine lowered Talend from a “buy” rating to a “hold” rating in a research note on Tuesday, November 20th. KeyCorp lowered their price objective on Talend from $61.00 to $52.00 and set an “overweight” rating on the stock in a research note on Monday, November 19th. They noted that the move was a valuation call. Zacks Investment Research lowered Talend from a “hold” rating to a “sell” rating in a research note on Friday, November 16th. Finally, BidaskClub lowered Talend from a “buy” rating to a “hold” rating in a research note on Tuesday, November 13th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $58.43.

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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.

Further Reading: What is a Leveraged Buyout (LBO)?

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Institutional Ownership by Quarter for Talend (NASDAQ:TLND)

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