Barclays PLC reiterated their overweight rating on shares of Tableau Software, Inc. (NYSE:DATA) in a research report report published on Thursday morning. Barclays PLC currently has a $76.00 target price on the software company’s stock, up from their prior target price of $72.00.

Several other brokerages have also weighed in on DATA. Deutsche Bank AG upped their target price on shares of Tableau Software from $65.00 to $70.00 and gave the stock a hold rating in a research report on Thursday. ValuEngine lowered shares of Tableau Software from a hold rating to a sell rating in a research report on Thursday, July 20th. Oppenheimer Holdings, Inc. restated a hold rating on shares of Tableau Software in a research report on Thursday, April 6th. JMP Securities restated an outperform rating and set a $65.00 target price on shares of Tableau Software in a research report on Friday, April 7th. Finally, Wedbush lowered their target price on shares of Tableau Software from $74.00 to $64.00 and set an outperform rating on the stock in a research report on Friday, May 26th. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. Tableau Software has an average rating of Hold and an average target price of $64.52.

Shares of Tableau Software (NYSE:DATA) opened at 71.31 on Thursday. The company has a 50-day moving average price of $63.64 and a 200 day moving average price of $56.16. The firm’s market capitalization is $5.60 billion. Tableau Software has a 12-month low of $41.41 and a 12-month high of $71.53.

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 consensus estimate of ($0.05) by $0.15. The firm had revenue of $212.90 million during the quarter, compared to analysts’ expectations of $210.72 million. Tableau Software had a negative net margin of 17.08% and a negative return on equity of 18.67%. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. On average, equities analysts expect that Tableau Software will post $0.18 earnings per share for the current year.

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In other Tableau Software news, insider Elissa Fink sold 5,000 shares of the stock in a transaction that occurred on Tuesday, May 9th. The shares were sold at an average price of $60.17, for a total transaction of $300,850.00. Following the transaction, the insider now owns 75,642 shares of the company’s stock, valued at $4,551,379.14. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Keenan Michael Conder sold 2,000 shares of the stock in a transaction that occurred on Wednesday, June 7th. The stock was sold at an average price of $62.08, for a total transaction of $124,160.00. Following the transaction, the executive vice president now directly owns 80,364 shares in the company, valued at approximately $4,988,997.12. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 316,025 shares of company stock worth $19,696,668. 28.98% of the stock is currently owned by insiders.

A number of institutional investors have recently bought and sold shares of the company. Winfield Associates Inc. increased its position in shares of Tableau Software by 0.7% in the first quarter. Winfield Associates Inc. now owns 2,280 shares of the software company’s stock worth $113,000 after buying an additional 15 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Tableau Software by 0.5% in the first quarter. PNC Financial Services Group Inc. now owns 4,336 shares of the software company’s stock worth $215,000 after buying an additional 20 shares in the last quarter. Utah Retirement Systems increased its position in shares of Tableau Software by 1.0% in the first quarter. Utah Retirement Systems now owns 10,000 shares of the software company’s stock worth $495,000 after buying an additional 100 shares in the last quarter. Public Employees Retirement Association of Colorado increased its position in shares of Tableau Software by 1.1% in the second quarter. Public Employees Retirement Association of Colorado now owns 13,107 shares of the software company’s stock worth $803,000 after buying an additional 138 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its position in shares of Tableau Software by 4.1% in the second quarter. Teacher Retirement System of Texas now owns 4,795 shares of the software company’s stock worth $294,000 after buying an additional 189 shares in the last quarter. 76.38% of the stock is currently owned by institutional investors.

Tableau Software Company 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.

Analyst Recommendations for Tableau Software (NYSE:DATA)

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