Tableau Software Inc (DATA) Holding Grow by Piermont Capital Management Inc.

Tableau Software Inc (DATA) Holding Grow by Piermont Capital Management Inc.

Piermont Capital Management Inc. boosted its position in Tableau Software Inc (NYSE:DATA) by 62.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,393 shares of the software company’s stock after buying an additional 6,313 shares during the period. Piermont Capital Management Inc.’s holdings in Tableau Software were worth $812,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of DATA. Marcus Capital LLC raised its position in Tableau Software by 18.9% in the third quarter. Marcus Capital LLC now owns 64,875 shares of the software company’s stock worth $3,586,000 after buying an additional 10,325 shares in the last quarter. State Street Corp raised its position in Tableau Software by 2.1% in the fourth quarter. State Street Corp now owns 694,891 shares of the software company’s stock worth $29,285,000 after buying an additional 14,395 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in Tableau Software during the fourth quarter worth approximately $1,918,000. Merriman Wealth Management LLC purchased a new position in Tableau Software during the first quarter worth approximately $1,547,000. Finally, A.R.T. Advisors LLC raised its position in Tableau Software by 438.0% in the fourth quarter. A.R.T. Advisors LLC now owns 49,500 shares of the software company’s stock worth $2,086,000 after buying an additional 40,300 shares in the last quarter. 70.40% of the stock is owned by hedge funds and other institutional investors.

Shares of Tableau Software Inc (NYSE:DATA) traded up 0.40% during mid-day trading on Friday, hitting $62.68. 621,695 shares of the stock traded hands. The company’s 50 day moving average is $57.92 and its 200 day moving average is $50.46. Tableau Software Inc has a one year low of $41.41 and a one year high of $66.86. The firm’s market capitalization is $4.89 billion.

Tableau Software (NYSE:DATA) last released its quarterly earnings results on Wednesday, May 3rd. The software company reported ($0.67) EPS for the quarter, missing analysts’ consensus estimates of ($0.51) by $0.16. Tableau Software had a negative return on equity of 18.89% and a negative net margin of 17.47%. The business had revenue of $199.90 million for the quarter, compared to the consensus estimate of $200.91 million. The firm’s revenue for the quarter was up 16.4% compared to the same quarter last year. On average, equities analysts expect that Tableau Software Inc will post $0.03 EPS for the current fiscal year.

A number of equities research analysts have issued reports on DATA shares. Sanford C. Bernstein started coverage on shares of Tableau Software in a research note on Wednesday, May 24th. They set an “outperform” rating and a $79.00 target price for the company. Mitsubishi UFJ Financial Group reissued an “underweight” rating and set a $44.00 target price (up previously from $42.00) on shares of Tableau Software in a research note on Monday, February 6th. Wedbush reissued an “outperform” rating and set a $60.00 target price on shares of Tableau Software in a research note on Friday, March 31st. BTIG Research reissued a “buy” rating and set a $65.00 target price on shares of Tableau Software in a research note on Monday, May 15th. Finally, Vetr raised shares of Tableau Software from a “hold” rating to a “buy” rating and set a $56.23 target price for the company in a research note on Wednesday, February 22nd. Four analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Tableau Software currently has an average rating of “Hold” and an average target price of $60.65.

In related news, CFO Thomas E. Walker, Jr. sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 31st. The shares were sold at an average price of $62.30, for a total transaction of $311,500.00. Following the transaction, the chief financial officer now directly owns 140,900 shares of the company’s stock, valued at $8,778,070. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Thomas E. Walker, Jr. sold 35,500 shares of the firm’s stock in a transaction dated Friday, May 26th. The stock was sold at an average price of $64.80, for a total transaction of $2,300,400.00. Following the transaction, the chief financial officer now directly owns 170,834 shares in the company, valued at $11,070,043.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 705,215 shares of company stock worth $43,065,473. 28.98% of the stock is owned by insiders.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “DATA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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