16,956 Shares in Tableau Software, Inc. (DATA) Purchased by Capital Fund Management S.A.

Capital Fund Management S.A. acquired a new stake in shares of Tableau Software, Inc. (NYSE:DATA) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 16,956 shares of the software company’s stock, valued at approximately $1,039,000.

A number of other large investors also recently added to or reduced their stakes in DATA. Alliancebernstein L.P. boosted its position in Tableau Software by 23.8% during the 2nd quarter. Alliancebernstein L.P. now owns 65,761 shares of the software company’s stock worth $4,029,000 after acquiring an additional 12,630 shares during the period. Engineers Gate Manager LP boosted its position in Tableau Software by 294.2% during the 2nd quarter. Engineers Gate Manager LP now owns 71,014 shares of the software company’s stock worth $4,351,000 after acquiring an additional 53,000 shares during the period. Freestone Capital Holdings LLC boosted its position in Tableau Software by 128.3% during the 2nd quarter. Freestone Capital Holdings LLC now owns 15,649 shares of the software company’s stock worth $959,000 after acquiring an additional 8,795 shares during the period. JPMorgan Chase & Co. boosted its position in Tableau Software by 340.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,065,931 shares of the software company’s stock worth $65,311,000 after acquiring an additional 824,067 shares during the period. Finally, Swiss National Bank boosted its position in Tableau Software by 4.9% during the 2nd quarter. Swiss National Bank now owns 99,825 shares of the software company’s stock worth $6,116,000 after acquiring an additional 4,700 shares during the period. Institutional investors and hedge funds own 78.00% of the company’s stock.

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A number of research analysts have issued reports on DATA shares. Zacks Investment Research lowered Tableau Software from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. BidaskClub upgraded Tableau Software from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Sanford C. Bernstein started coverage on Tableau Software in a research report on Wednesday, May 24th. They set an “outperform” rating and a $79.00 price target for the company. Wedbush reduced their price target on Tableau Software from $74.00 to $64.00 and set an “outperform” rating for the company in a research report on Friday, May 26th. Finally, ValuEngine upgraded Tableau Software from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. Tableau Software currently has a consensus rating of “Hold” and an average price target of $64.82.

In related news, Director William Bosworth sold 450 shares of the firm’s 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 sale, the director now owns 9,099 shares of the company’s stock, valued at approximately $650,760.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Keenan Michael Conder sold 6,800 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $68.22, for a total value of $463,896.00. Following the sale, the executive vice president now directly owns 86,164 shares in the company, valued at approximately $5,878,108.08. The disclosure for this sale can be found here. Insiders have sold a total of 1,160,559 shares of company stock worth $81,744,364 in the last ninety days. 28.98% of the stock is currently owned by company insiders.

Tableau Software, Inc. (DATA) opened at 75.02 on Friday. The firm’s market capitalization is $5.93 billion. The company’s 50-day moving average price is $70.87 and its 200 day moving average price is $60.77. Tableau Software, Inc. has a 52-week low of $41.41 and a 52-week high of $76.27.

Tableau Software (NYSE:DATA) last posted its quarterly earnings results on Wednesday, August 2nd. The software company reported $0.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.15. The business had revenue of $212.90 million for the quarter, compared to analyst estimates of $210.72 million. Tableau Software had a negative return on equity of 18.71% and a negative net margin of 17.08%. Tableau Software’s quarterly revenue was up 7.3% compared to the same quarter last year. Equities analysts predict that Tableau Software, Inc. will post $0.22 earnings per share for the current fiscal year.

Tableau Software Profile

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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