Tableau Software, Inc. (DATA) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP grew its holdings in Tableau Software, Inc. (NYSE:DATA) by 42.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 12,125 shares of the software company’s stock after buying an additional 3,628 shares during the quarter. Quantbot Technologies LP’s holdings in Tableau Software were worth $908,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. American Century Companies Inc. lifted its holdings in Tableau Software by 39.2% in the 2nd quarter. American Century Companies Inc. now owns 1,091,341 shares of the software company’s stock worth $66,866,000 after buying an additional 307,122 shares during the period. Northern Trust Corp lifted its holdings in Tableau Software by 5.8% in the 2nd quarter. Northern Trust Corp now owns 283,245 shares of the software company’s stock worth $17,355,000 after buying an additional 15,561 shares during the period. Wellington Management Group LLP purchased a new stake in Tableau Software in the 1st quarter worth approximately $320,000. FMR LLC lifted its holdings in Tableau Software by 44.8% in the 2nd quarter. FMR LLC now owns 2,387,444 shares of the software company’s stock worth $146,279,000 after buying an additional 738,623 shares during the period. Finally, New York State Common Retirement Fund lifted its holdings in Tableau Software by 10.0% in the 2nd quarter. New York State Common Retirement Fund now owns 132,440 shares of the software company’s stock worth $8,115,000 after buying an additional 11,999 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

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In related news, Director William Bosworth sold 450 shares of Tableau Software stock in a transaction on Monday, August 28th. The stock was sold at an average price of $71.52, for a total transaction of $32,184.00. Following the transaction, the director now directly owns 9,099 shares in the company, valued at $650,760.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam Selipsky sold 3,200 shares of Tableau Software stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $69.94, for a total value of $223,808.00. Following the transaction, the insider now owns 235,992 shares in the company, valued at $16,505,280.48. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 674,941 shares of company stock worth $47,735,243. Company insiders own 28.98% of the company’s stock.

Tableau Software, Inc. (NYSE:DATA) opened at $69.43 on Thursday. Tableau Software, Inc. has a 52 week low of $41.41 and a 52 week high of $82.32.

Tableau Software (NYSE:DATA) last released its quarterly earnings results on Thursday, November 2nd. The software company reported $0.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.07. The firm had revenue of $214.90 million for the quarter, compared to the consensus estimate of $219.43 million. Tableau Software had a negative return on equity of 20.89% and a negative net margin of 18.76%. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the business posted $0.16 EPS. sell-side analysts anticipate that Tableau Software, Inc. will post -1.63 EPS for the current fiscal year.

Several research firms have weighed in on DATA. BMO Capital Markets increased their price objective on Tableau Software from $70.00 to $77.00 and gave the stock a “market perform” rating in a report on Friday, November 3rd. They noted that the move was a valuation call. Jefferies Group LLC decreased their target price on Tableau Software from $70.00 to $67.00 and set a “hold” rating for the company in a research report on Friday, November 3rd. Morgan Stanley increased their target price on Tableau Software from $68.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 2nd. Mizuho reissued a “hold” rating and issued a $68.00 target price on shares of Tableau Software in a research report on Thursday, November 2nd. Finally, Drexel Hamilton reissued a “hold” rating on shares of Tableau Software in a research report on Monday, October 30th. Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $72.11.

About Tableau Software

Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.

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Institutional Ownership by Quarter for Tableau Software (NYSE:DATA)

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