Delta Investment Management LLC acquired a new position in Tableau Software Inc (NYSE:DATA) during the first quarter, according to its most recent 13F filing with the SEC. The firm acquired 17,132 shares of the software company’s stock, valued at approximately $2,180,000.

Several other institutional investors have also recently added to or reduced their stakes in DATA. FMR LLC raised its holdings in shares of Tableau Software by 43.9% in the 4th quarter. FMR LLC now owns 3,984,077 shares of the software company’s stock worth $478,089,000 after purchasing an additional 1,215,863 shares during the period. Coatue Management LLC grew its stake in shares of Tableau Software by 63.2% in the fourth quarter. Coatue Management LLC now owns 2,412,405 shares of the software company’s stock valued at $289,489,000 after buying an additional 934,635 shares in the last quarter. Norges Bank acquired a new stake in shares of Tableau Software in the fourth quarter valued at about $88,709,000. Millennium Management LLC grew its stake in shares of Tableau Software by 337.5% in the fourth quarter. Millennium Management LLC now owns 575,863 shares of the software company’s stock valued at $69,104,000 after buying an additional 444,229 shares in the last quarter. Finally, Vanguard Group Inc grew its stake in shares of Tableau Software by 5.1% in the third quarter. Vanguard Group Inc now owns 6,118,849 shares of the software company’s stock valued at $683,720,000 after buying an additional 299,635 shares in the last quarter. Institutional investors own 86.89% of the company’s stock.

NYSE DATA traded up $1.78 during mid-day trading on Wednesday, reaching $121.56. 7,365 shares of the company’s stock traded hands, compared to its average volume of 1,270,298. Tableau Software Inc has a 1-year low of $91.10 and a 1-year high of $136.92. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 0.25. The firm has a market cap of $10.05 billion, a PE ratio of -37.92 and a beta of 1.19.

Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Thursday, May 2nd. The software company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.58) by $0.60. Tableau Software had a negative return on equity of 25.93% and a negative net margin of 27.58%. The firm had revenue of $282.50 million during the quarter, compared to analyst estimates of $287.24 million. During the same quarter last year, the firm earned $0.07 EPS. Tableau Software’s quarterly revenue was up 14.7% on a year-over-year basis. On average, analysts anticipate that Tableau Software Inc will post -0.81 earnings per share for the current year.

In other Tableau Software news, insider Adam Selipsky sold 21,567 shares of the stock in a transaction that occurred on Wednesday, February 20th. The stock was sold at an average price of $127.43, for a total transaction of $2,748,282.81. Following the transaction, the insider now owns 278,057 shares of the company’s stock, valued at approximately $35,432,803.51. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Hilarie A. Koplow sold 228 shares of the stock in a transaction that occurred on Wednesday, February 20th. The stock was sold at an average price of $126.67, for a total value of $28,880.76. Following the transaction, the director now directly owns 8,962 shares in the company, valued at approximately $1,135,216.54. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 61,933 shares of company stock valued at $7,824,956. 12.58% of the stock is owned by insiders.

DATA has been the subject of a number of recent research reports. Wedbush reiterated an “outperform” rating and issued a $142.00 target price (up previously from $128.00) on shares of Tableau Software in a research note on Monday, February 4th. Wells Fargo & Co increased their target price on Tableau Software from $110.00 to $125.00 and gave the company a “market perform” rating in a research note on Wednesday, February 6th. Jefferies Financial Group increased their target price on Tableau Software to $115.00 and gave the company a “hold” rating in a research note on Wednesday, February 6th. BMO Capital Markets lowered their target price on Tableau Software from $145.00 to $140.00 and set a “market perform” rating for the company in a research note on Tuesday, April 23rd. Finally, Stifel Nicolaus increased their target price on Tableau Software to $145.00 and gave the company a “buy” rating in a research note on Wednesday, February 6th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $135.43.

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Tableau Software Company Profile

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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