JPMorgan Chase & Co. lifted its stake in shares of Tableau Software, Inc. (NYSE:DATA) by 34.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,431,304 shares of the software company’s stock after purchasing an additional 365,373 shares during the period. JPMorgan Chase & Co. owned about 1.81% of Tableau Software worth $106,731,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in DATA. ETF Managers Group LLC acquired a new position in Tableau Software in the 2nd quarter valued at about $119,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Tableau Software by 12.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,105 shares of the software company’s stock valued at $129,000 after purchasing an additional 231 shares during the last quarter. BNP Paribas Arbitrage SA boosted its holdings in Tableau Software by 164.4% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,266 shares of the software company’s stock valued at $139,000 after purchasing an additional 1,409 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Tableau Software by 7.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock valued at $140,000 after purchasing an additional 167 shares during the last quarter. Finally, Boston Advisors LLC acquired a new position in Tableau Software in the 3rd quarter valued at about $201,000. 81.70% of the stock is owned by institutional investors and hedge funds.

Shares of Tableau Software, Inc. (NYSE:DATA) opened at $70.32 on Monday. Tableau Software, Inc. has a 52 week low of $41.41 and a 52 week high of $82.32.

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

In related news, insider Christian Chabot sold 450,000 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $70.49, for a total value of $31,720,500.00. Following the completion of the sale, the insider now owns 231,820 shares in the company, valued at $16,340,991.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Adam Selipsky sold 3,200 shares of the firm’s stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $72.15, for a total transaction of $230,880.00. Following the completion of the sale, the insider now owns 213,030 shares of the company’s stock, valued at approximately $15,370,114.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 669,886 shares of company stock valued at $47,250,836. 24.76% of the stock is owned by company insiders.

Several brokerages have recently commented on DATA. Zacks Investment Research lowered shares of Tableau Software from a “buy” rating to a “hold” rating in a report on Thursday, September 7th. Drexel Hamilton restated a “hold” rating on shares of Tableau Software in a report on Monday, October 30th. BidaskClub upgraded shares of Tableau Software from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 26th. Royal Bank Of Canada restated a “sector perform” rating and issued a $75.00 price objective (up from $70.00) on shares of Tableau Software in a report on Wednesday, October 11th. Finally, Robert W. Baird set a $68.00 price objective on shares of Tableau Software and gave the stock a “hold” rating in a report on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $72.11.

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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.

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

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