Xact Kapitalforvaltning AB acquired a new position in shares of Tableau Software Inc (NYSE:DATA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,616 shares of the software company’s stock, valued at approximately $389,000.
Other hedge funds have also bought and sold shares of the company. BlackRock Inc. boosted its holdings in Tableau Software by 6.2% in the fourth quarter. BlackRock Inc. now owns 3,080,025 shares of the software company’s stock valued at $213,137,000 after acquiring an additional 180,810 shares during the last quarter. HMI Capital LLC boosted its holdings in Tableau Software by 20.4% in the fourth quarter. HMI Capital LLC now owns 1,594,926 shares of the software company’s stock valued at $110,369,000 after acquiring an additional 270,740 shares during the last quarter. Kensico Capital Management Corp boosted its holdings in Tableau Software by 38.8% in the third quarter. Kensico Capital Management Corp now owns 1,443,828 shares of the software company’s stock valued at $108,128,000 after acquiring an additional 403,828 shares during the last quarter. Eagle Asset Management Inc. boosted its holdings in Tableau Software by 51.6% in the fourth quarter. Eagle Asset Management Inc. now owns 1,320,111 shares of the software company’s stock valued at $92,163,000 after acquiring an additional 449,445 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in Tableau Software by 15.3% in the fourth quarter. American Century Companies Inc. now owns 1,242,894 shares of the software company’s stock valued at $86,008,000 after acquiring an additional 165,035 shares during the last quarter. Institutional investors and hedge funds own 82.90% of the company’s stock.
In other news, EVP Keenan Michael Conder sold 17,000 shares of Tableau Software stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $80.41, for a total transaction of $1,366,970.00. Following the sale, the executive vice president now directly owns 114,706 shares of the company’s stock, valued at $9,223,509.46. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Pat Hanrahan sold 400,000 shares of Tableau Software stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $78.50, for a total value of $31,400,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 933,719 shares of company stock worth $73,445,439. Corporate insiders own 28.98% of the company’s stock.
DATA has been the topic of a number of research analyst reports. Zacks Investment Research cut Tableau Software from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Mizuho reiterated a “hold” rating and issued a $68.00 target price on shares of Tableau Software in a report on Wednesday, January 17th. UBS set a $108.00 target price on Tableau Software and gave the company a “buy” rating in a report on Wednesday, February 14th. Maxim Group upgraded Tableau Software from a “sell” rating to a “hold” rating and lifted their target price for the company from $40.00 to $88.00 in a report on Friday, February 2nd. Finally, Raymond James Financial initiated coverage on Tableau Software in a report on Wednesday, January 17th. They issued a “market perform” rating on the stock. Seventeen research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Tableau Software presently has an average rating of “Buy” and a consensus target price of $82.92.
Shares of NYSE DATA opened at $78.39 on Friday. Tableau Software Inc has a 1 year low of $50.29 and a 1 year high of $87.60.
Tableau Software (NYSE:DATA) last announced its earnings results on Thursday, February 1st. The software company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.09. Tableau Software had a negative return on equity of 23.84% and a negative net margin of 21.16%. The business had revenue of $249.40 million for the quarter, compared to analyst estimates of $240.63 million. During the same period in the previous year, the company earned $0.26 earnings per share. The company’s revenue for the quarter was down .5% compared to the same quarter last year. analysts predict that Tableau Software Inc will post -1.95 earnings per share for the current year.
COPYRIGHT VIOLATION WARNING: This news story was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this news story on another site, it was illegally copied and republished in violation of international trademark and copyright laws. The correct version of this news story can be read at https://www.dispatchtribunal.com/2018/04/08/xact-kapitalforvaltning-ab-invests-389000-in-tableau-software-inc-data.html.
Tableau Software Profile
Tableau Software, Inc provides business analytics software products. It offers Tableau Desktop, an analytics product that empowers people to access and analyze data; and Tableau Server, a business intelligence platform with data management and scalability to foster sharing of analytics, as well as to enhance the dissemination of information in an organization and promote decision-making.
Want to see what other hedge funds are holding DATA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tableau Software Inc (NYSE:DATA).
Receive News & Ratings for Tableau Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tableau Software and related companies with MarketBeat.com's FREE daily email newsletter.