SeaTown Holdings Pte. Ltd. cut its position in Tableau Software Inc (NYSE:DATA) by 77.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,585 shares of the software company’s stock after selling 46,925 shares during the quarter. SeaTown Holdings Pte. Ltd.’s holdings in Tableau Software were worth $2,255,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Carroll Financial Associates Inc. boosted its position in Tableau Software by 69.4% during the first quarter. Carroll Financial Associates Inc. now owns 271 shares of the software company’s stock worth $34,000 after purchasing an additional 111 shares during the period. AGF Investments LLC lifted its holdings in shares of Tableau Software by 24.1% during the second quarter. AGF Investments LLC now owns 319 shares of the software company’s stock worth $53,000 after buying an additional 62 shares in the last quarter. Pittenger & Anderson Inc. lifted its holdings in shares of Tableau Software by 100.0% during the first quarter. Pittenger & Anderson Inc. now owns 500 shares of the software company’s stock worth $64,000 after buying an additional 250 shares in the last quarter. Manchester Capital Management LLC acquired a new stake in shares of Tableau Software during the first quarter worth $72,000. Finally, Stephens Inc. AR lifted its holdings in shares of Tableau Software by 335.9% during the first quarter. Stephens Inc. AR now owns 571 shares of the software company’s stock worth $73,000 after buying an additional 440 shares in the last quarter. 88.84% of the stock is owned by institutional investors and hedge funds.

NYSE DATA remained flat at $$169.53 during trading on Tuesday. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 0.25. The company has a market cap of $14.61 billion, a price-to-earnings ratio of -53.14 and a beta of 1.49. Tableau Software Inc has a 12-month low of $94.81 and a 12-month high of $177.59. The stock has a fifty day moving average price of $170.67.

In other news, EVP Mark Thomas Nelson sold 6,091 shares of the company’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $123.16, for a total transaction of $750,167.56. Following the transaction, the executive vice president now directly owns 76,011 shares of the company’s stock, valued at $9,361,514.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam Selipsky sold 5,666 shares of the company’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $113.17, for a total value of $641,221.22. Following the transaction, the insider now directly owns 232,982 shares in the company, valued at $26,366,572.94. The disclosure for this sale can be found here. Insiders have sold 42,781 shares of company stock worth $5,144,495 over the last ninety days. 12.58% of the stock is owned by insiders.

A number of research firms have recently weighed in on DATA. Deutsche Bank downgraded Tableau Software from a “buy” rating to a “hold” rating and set a $168.99 target price for the company. in a report on Monday, June 10th. Bank of America reissued a “buy” rating and set a $160.00 target price (up previously from $152.00) on shares of Tableau Software in a report on Friday, May 3rd. Zacks Investment Research raised Tableau Software from a “hold” rating to a “buy” rating and set a $189.00 target price for the company in a report on Wednesday, July 3rd. KeyCorp lifted their target price on Tableau Software from $158.00 to $165.00 and gave the stock an “overweight” rating in a report on Friday, June 7th. Finally, BMO Capital Markets dropped their target price on Tableau Software from $145.00 to $140.00 and set a “market perform” rating for the company in a report on Tuesday, April 23rd. Fourteen analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $148.38.

Tableau Software Profile

Tableau Software, Inc, together with its subsidiaries, provides business analytics software products. It offers Tableau Desktop, a self-service, powerful analytics product with data; Tableau Server, a business intelligence platform for organizations; Tableau Online, a hosted software-as-a-service version of Tableau Server; Tableau Prep, a data preparation product for combining, shaping, and cleaning data; and Tableau Public, a cloud-based platform for analyzing and sharing public data.

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

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