The Capital Fund Management S.A. Purchases Shares of 31,542 Tableau Software Inc. (DATA)

The Capital Fund Management S.A. Purchases Shares of 31,542 Tableau Software Inc. (DATA)

Capital Fund Management S.A. purchased a new position in shares of Tableau Software Inc. (NYSE:DATA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 31,542 shares of the software company’s stock, valued at approximately $1,743,000.

Other large investors have also recently added to or reduced their stakes in the company. Metropolitan Life Insurance Co. NY raised its stake in Tableau Software by 11.2% in the second quarter. Metropolitan Life Insurance Co. NY now owns 4,131 shares of the software company’s stock worth $202,000 after buying an additional 417 shares during the last quarter. IBM Retirement Fund raised its stake in Tableau Software by 12.2% in the second quarter. IBM Retirement Fund now owns 5,549 shares of the software company’s stock worth $271,000 after buying an additional 604 shares during the last quarter. Guggenheim Capital LLC raised its stake in Tableau Software by 3.4% in the second quarter. Guggenheim Capital LLC now owns 21,349 shares of the software company’s stock worth $1,044,000 after buying an additional 701 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in Tableau Software by 6.5% in the second quarter. Public Employees Retirement System of Ohio now owns 20,321 shares of the software company’s stock worth $994,000 after buying an additional 1,246 shares during the last quarter. Finally, State of Wisconsin Investment Board raised its stake in Tableau Software by 4.0% in the second quarter. State of Wisconsin Investment Board now owns 36,520 shares of the software company’s stock worth $1,787,000 after buying an additional 1,400 shares during the last quarter. 72.58% of the stock is owned by institutional investors and hedge funds.

Shares of Tableau Software Inc. (NYSE:DATA) opened at 44.90 on Friday. The firm’s market capitalization is $3.42 billion. Tableau Software Inc. has a 12-month low of $36.60 and a 12-month high of $83.40. The company’s 50 day moving average is $44.28 and its 200 day moving average is $50.41.

Tableau Software (NYSE:DATA) last released its earnings results on Tuesday, November 1st. The software company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.09. Tableau Software had a negative net margin of 21.14% and a negative return on equity of 21.72%. The company had revenue of $206.10 million for the quarter, compared to the consensus estimate of $213.87 million. During the same period in the prior year, the company posted $0.14 EPS. The company’s revenue was up 20.7% compared to the same quarter last year. On average, analysts forecast that Tableau Software Inc. will post $0.30 earnings per share for the current year.

DATA has been the subject of several recent analyst reports. Drexel Hamilton lowered shares of Tableau Software from a “buy” rating to a “hold” rating in a report on Wednesday, November 2nd. KeyCorp reissued an “outperform” rating and set a $60.00 price objective (down from $70.00) on shares of Tableau Software in a report on Thursday, November 3rd. Mizuho decreased their price objective on shares of Tableau Software from $50.00 to $48.00 and set a “neutral” rating for the company in a report on Wednesday, November 2nd. Wunderlich decreased their price objective on shares of Tableau Software from $65.00 to $58.00 and set a “buy” rating for the company in a report on Wednesday, November 2nd. Finally, William Blair lowered shares of Tableau Software from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 2nd. Three research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and seventeen have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $61.51.

In other Tableau Software news, insider Andrew Beers sold 7,500 shares of the company’s stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $47.13, for a total transaction of $353,475.00. Following the transaction, the insider now directly owns 121,252 shares in the company, valued at approximately $5,714,606.76. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Forest Baskett sold 10,833 shares of the company’s stock in a transaction dated Monday, December 5th. The shares were sold at an average price of $45.66, for a total transaction of $494,634.78. Following the transaction, the director now owns 10,833 shares in the company, valued at $494,634.78. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,271 shares of company stock worth $1,344,257. Corporate insiders own 28.98% of the company’s stock.

About Tableau Software

Tableau Software, Inc (Tableau) offers software products. The Company’s technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Company’s Live Query and In-Memory Data Engines technologies.

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