Tableau Software Inc (DATA) Shares Bought by Cipher Capital LP

Cipher Capital LP boosted its position in Tableau Software Inc (NYSE:DATA) by 29.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,432 shares of the software company’s stock after buying an additional 783 shares during the period. Cipher Capital LP’s holdings in Tableau Software were worth $412,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Advisors Asset Management Inc. bought a new stake in Tableau Software in the fourth quarter valued at about $39,000. Neuburgh Advisers LLC bought a new stake in Tableau Software in the fourth quarter valued at about $46,000. Rehmann Capital Advisory Group increased its holdings in Tableau Software by 58.2% in the fourth quarter. Rehmann Capital Advisory Group now owns 571 shares of the software company’s stock valued at $69,000 after buying an additional 210 shares during the last quarter. Tradewinds Capital Management LLC increased its holdings in Tableau Software by 47.1% in the fourth quarter. Tradewinds Capital Management LLC now owns 581 shares of the software company’s stock valued at $70,000 after buying an additional 186 shares during the last quarter. Finally, NumerixS Investment Technologies Inc increased its holdings in Tableau Software by 118.3% in the fourth quarter. NumerixS Investment Technologies Inc now owns 1,310 shares of the software company’s stock valued at $155,000 after buying an additional 710 shares during the last quarter. 85.93% of the stock is owned by hedge funds and other institutional investors.

NYSE:DATA opened at $126.16 on Tuesday. Tableau Software Inc has a 52 week low of $77.32 and a 52 week high of $136.92.

Tableau Software (NYSE:DATA) last posted its earnings results on Tuesday, February 5th. The software company reported ($0.03) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.05. The company had revenue of $275.70 million during the quarter, compared to analyst estimates of $271.62 million. Tableau Software had a negative return on equity of 26.26% and a negative net margin of 24.35%. The business’s revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.12 earnings per share. On average, equities analysts predict that Tableau Software Inc will post -0.76 earnings per share for the current fiscal year.

DATA has been the subject of several research analyst reports. BTIG Research boosted their price objective on Tableau Software to $150.00 and gave the company a “buy” rating in a report on Wednesday, February 6th. Wedbush reissued an “outperform” rating and issued a $142.00 price objective (up from $128.00) on shares of Tableau Software in a report on Monday, February 4th. Jefferies Financial Group boosted their price objective on Tableau Software to $115.00 and gave the company a “hold” rating in a report on Wednesday, February 6th. Maxim Group reissued a “hold” rating on shares of Tableau Software in a report on Thursday, February 7th. Finally, Stifel Nicolaus boosted their price objective on Tableau Software to $145.00 and gave the company a “buy” rating in a report on Wednesday, February 6th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Tableau Software presently has an average rating of “Buy” and a consensus price target of $131.50.

In other news, Director William Bosworth sold 324 shares of the business’s stock in a transaction that occurred on Tuesday, February 26th. The stock was sold at an average price of $133.95, for a total transaction of $43,399.80. Following the completion of the transaction, the director now directly owns 9,153 shares in the company, valued at $1,226,044.35. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Chris Stolte sold 95,000 shares of the business’s stock in a transaction that occurred on Friday, February 8th. The stock was sold at an average price of $120.13, for a total value of $11,412,350.00. Following the transaction, the insider now owns 98,536 shares of the company’s stock, valued at $11,837,129.68. The disclosure for this sale can be found here. Insiders have sold 752,046 shares of company stock valued at $91,574,008 over the last ninety days. Corporate insiders own 19.22% of the company’s stock.

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About Tableau Software

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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