Invictus RG bought a new position in Tableau Software, Inc. (NYSE:DATA) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,644 shares of the software company’s stock, valued at approximately $123,000.

Other hedge funds have also recently modified their holdings of the company. ETF Managers Group LLC bought a new stake in Tableau Software during the second quarter worth approximately $119,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Tableau Software by 12.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,105 shares of the software company’s stock worth $129,000 after acquiring an additional 231 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in Tableau Software by 164.4% during the second quarter. BNP Paribas Arbitrage SA now owns 2,266 shares of the software company’s stock worth $139,000 after acquiring an additional 1,409 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Tableau Software by 7.9% during the second quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock worth $140,000 after acquiring an additional 167 shares during the last quarter. Finally, Boston Advisors LLC bought a new stake in Tableau Software during the third quarter worth approximately $201,000. 81.70% of the stock is currently owned by hedge funds and other institutional investors.

Tableau Software, Inc. (DATA) opened at $71.59 on Friday. Tableau Software, Inc. has a 12-month low of $41.41 and a 12-month high of $82.32.

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

DATA has been the topic of several analyst reports. Bank of America boosted their price objective on Tableau Software from $84.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. BidaskClub raised Tableau Software from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 26th. KeyCorp reissued a “buy” rating and set a $85.00 price objective on shares of Tableau Software in a research note on Friday, October 6th. Barclays reissued a “buy” rating and set a $80.00 price objective on shares of Tableau Software in a research note on Wednesday, October 11th. Finally, Zacks Investment Research cut Tableau Software from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Tableau Software has a consensus rating of “Hold” and a consensus price target of $72.11.

In related news, CFO Thomas E. Walker, Jr. sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $71.39, for a total value of $356,950.00. Following the completion of the sale, the chief financial officer now owns 137,478 shares in the company, valued at $9,814,554.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Adam Selipsky sold 7,272 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $70.67, for a total value of $513,912.24. Following the completion of the sale, the chief executive officer now owns 237,592 shares of the company’s stock, valued at approximately $16,790,626.64. The disclosure for this sale can be found here. Insiders sold 692,286 shares of company stock valued at $48,819,636 in the last quarter. 28.98% of the stock is owned by company insiders.

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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.

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

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