BlackRock Inc. lifted its stake in Talend SA (NASDAQ:TLND) by 148.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,826 shares of the technology company’s stock after acquiring an additional 3,479 shares during the quarter. BlackRock Inc.’s holdings in Talend were worth $407,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. FMR LLC boosted its holdings in shares of Talend by 2.0% in the second quarter. FMR LLC now owns 1,632,737 shares of the technology company’s stock worth $101,687,000 after acquiring an additional 32,132 shares during the period. Northern Trust Corp boosted its holdings in shares of Talend by 6.2% in the second quarter. Northern Trust Corp now owns 41,811 shares of the technology company’s stock worth $2,604,000 after acquiring an additional 2,446 shares during the period. Massachusetts Financial Services Co. MA bought a new stake in Talend during the third quarter valued at $18,944,000. K.J. Harrison & Partners Inc bought a new stake in Talend during the third quarter valued at $837,000. Finally, US Bancorp DE boosted its stake in Talend by 1,466.1% during the third quarter. US Bancorp DE now owns 6,233 shares of the technology company’s stock valued at $435,000 after buying an additional 5,835 shares during the period. Hedge funds and other institutional investors own 80.29% of the company’s stock.

Several research firms recently issued reports on TLND. Citigroup set a $81.00 price objective on Talend and gave the company a “buy” rating in a research note on Friday, November 9th. BidaskClub raised Talend from a “hold” rating to a “buy” rating in a research note on Friday, November 2nd. ValuEngine lowered Talend from a “buy” rating to a “hold” rating in a research note on Tuesday, November 20th. Needham & Company LLC dropped their price objective on Talend from $71.00 to $68.00 and set a “buy” rating for the company in a research note on Thursday, November 8th. Finally, KeyCorp reissued a “buy” rating and set a $61.00 price objective on shares of Talend in a research note on Thursday, November 8th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $56.38.

NASDAQ:TLND opened at $37.16 on Tuesday. The firm has a market cap of $1.11 billion, a P/E ratio of -37.16 and a beta of 0.06. Talend SA has a 52-week low of $31.35 and a 52-week high of $73.52. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.14.

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Talend 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.

Read More: Understanding Specialty Certificates of Deposit

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Institutional Ownership by Quarter for Talend (NASDAQ:TLND)

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