Potrero Capital Research LLC Acquires 100,000 Shares of Talend S.A. (NASDAQ:TLND)

Potrero Capital Research LLC grew its holdings in Talend S.A. (NASDAQ:TLND) by 98.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 201,603 shares of the technology company’s stock after purchasing an additional 100,000 shares during the period. Talend comprises 3.1% of Potrero Capital Research LLC’s portfolio, making the stock its 8th largest holding. Potrero Capital Research LLC’s holdings in Talend were worth $12,830,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. 40 North Management LLC increased its holdings in shares of Talend by 22.8% in the 1st quarter. 40 North Management LLC now owns 3,192,150 shares of the technology company’s stock valued at $203,148,000 after purchasing an additional 592,150 shares during the period. Technology Crossover Management X Ltd. acquired a new position in Talend in the fourth quarter worth approximately $59,810,000. Tensile Capital Management LP increased its holdings in Talend by 8.6% in the fourth quarter. Tensile Capital Management LP now owns 925,477 shares of the technology company’s stock worth $35,483,000 after buying an additional 72,948 shares during the last quarter. Pentwater Capital Management LP acquired a new position in Talend in the first quarter worth approximately $52,205,000. Finally, Dorsal Capital Management LLC increased its holdings in Talend by 11.1% in the fourth quarter. Dorsal Capital Management LLC now owns 800,000 shares of the technology company’s stock worth $30,672,000 after buying an additional 80,000 shares during the last quarter. Institutional investors own 88.06% of the company’s stock.

In related news, CFO Adam Meister sold 2,235 shares of the stock in a transaction that occurred on Wednesday, June 16th. The stock was sold at an average price of $65.28, for a total value of $145,900.80. Following the transaction, the chief financial officer now owns 184,706 shares in the company, valued at $12,057,607.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.89% of the company’s stock.

NASDAQ:TLND traded up $0.02 during mid-day trading on Thursday, reaching $65.92. The stock had a trading volume of 1 shares, compared to its average volume of 232,390. The company has a 50 day moving average of $65.27. Talend S.A. has a fifty-two week low of $33.38 and a fifty-two week high of $65.92. The company has a market cap of $2.16 billion, a PE ratio of -24.87 and a beta of 0.86. The company has a debt-to-equity ratio of 22.36, a quick ratio of 1.31 and a current ratio of 1.31.

Talend (NASDAQ:TLND) last released its quarterly earnings data on Wednesday, May 5th. The technology company reported ($0.11) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.15. Talend had a negative return on equity of 147.42% and a negative net margin of 28.29%. The firm had revenue of $79.92 million for the quarter, compared to the consensus estimate of $77.86 million. Research analysts predict that Talend S.A. will post -0.88 earnings per share for the current fiscal year.

Talend Profile

Talend SA provides data integration and integrity solutions for various industries in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. 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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