DekaBank Deutsche Girozentrale Acquires New Stake in Tableau Software (DATA)

DekaBank Deutsche Girozentrale acquired a new stake in shares of Tableau Software (NYSE:DATA) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 14,950 shares of the software company’s stock, valued at approximately $1,184,000.

Other large investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its stake in Tableau Software by 7.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 158,187 shares of the software company’s stock valued at $11,846,000 after purchasing an additional 11,579 shares during the period. Schwab Charles Investment Management Inc. raised its stake in Tableau Software by 6.2% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 270,798 shares of the software company’s stock valued at $18,740,000 after purchasing an additional 15,841 shares during the period. State of Alaska Department of Revenue acquired a new stake in Tableau Software during the 4th quarter valued at $352,000. Hollencrest Capital Management raised its stake in Tableau Software by 11.4% during the 4th quarter. Hollencrest Capital Management now owns 21,913 shares of the software company’s stock valued at $1,516,000 after purchasing an additional 2,234 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its stake in Tableau Software by 871.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,486 shares of the software company’s stock valued at $102,000 after purchasing an additional 1,333 shares during the period. Institutional investors own 83.10% of the company’s stock.

Tableau Software stock opened at $93.49 on Friday. Tableau Software has a one year low of $91.94 and a one year high of $93.23.

Tableau Software (NYSE:DATA) last posted its earnings results on Wednesday, May 2nd. The software company reported ($0.19) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by ($0.01). The business had revenue of $224.00 million for the quarter, compared to analyst estimates of $217.92 million. Tableau Software had a negative return on equity of 23.86% and a negative net margin of 19.21%. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.03 earnings per share. equities analysts expect that Tableau Software will post -2.4 earnings per share for the current year.

In other Tableau Software news, CMO Elissa Fink sold 2,500 shares of the company’s stock in a transaction dated Monday, May 14th. The shares were sold at an average price of $94.87, for a total transaction of $237,175.00. Following the completion of the sale, the chief marketing officer now directly owns 83,882 shares in the company, valued at $7,957,885.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Adam Selipsky sold 1,600 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $82.25, for a total transaction of $131,600.00. Following the sale, the chief executive officer now owns 298,149 shares of the company’s stock, valued at $24,522,755.25. The disclosure for this sale can be found here. Insiders have sold 845,350 shares of company stock worth $76,968,042 over the last three months. Company insiders own 28.98% of the company’s stock.

Several analysts have issued reports on DATA shares. Zacks Investment Research downgraded shares of Tableau Software from a “hold” rating to a “sell” rating in a research note on Tuesday, January 23rd. Morgan Stanley boosted their target price on shares of Tableau Software from $76.00 to $83.00 and gave the company an “equal weight” rating in a research note on Friday, February 2nd. Barclays reaffirmed a “buy” rating and issued a $102.00 price target on shares of Tableau Software in a research note on Sunday, April 22nd. ValuEngine raised shares of Tableau Software from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $95.00 price target on shares of Tableau Software in a research note on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $94.22.

Tableau Software Company 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.

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

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