Shell Asset Management Co. acquired a new stake in Tableau Software Inc (NYSE:DATA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 7,439 shares of the software company’s stock, valued at approximately $831,000.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. increased its stake in Tableau Software by 6.0% during the 3rd quarter. BlackRock Inc. now owns 3,786,780 shares of the software company’s stock valued at $423,134,000 after buying an additional 214,715 shares during the period. FMR LLC grew its stake in shares of Tableau Software by 19.1% in the 3rd quarter. FMR LLC now owns 2,768,214 shares of the software company’s stock worth $309,321,000 after purchasing an additional 444,718 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Tableau Software by 3.8% in the 3rd quarter. American Century Companies Inc. now owns 1,284,805 shares of the software company’s stock worth $143,564,000 after purchasing an additional 47,209 shares during the last quarter. Dorsal Capital Management LLC grew its stake in shares of Tableau Software by 17.6% in the 2nd quarter. Dorsal Capital Management LLC now owns 1,000,000 shares of the software company’s stock worth $97,750,000 after purchasing an additional 150,000 shares during the last quarter. Finally, Carillon Tower Advisers Inc. grew its stake in shares of Tableau Software by 61.7% in the 2nd quarter. Carillon Tower Advisers Inc. now owns 959,019 shares of the software company’s stock worth $93,743,000 after purchasing an additional 366,103 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

Tableau Software stock opened at $123.69 on Thursday. The company has a market capitalization of $10.34 billion, a PE ratio of -52.86 and a beta of 1.36. Tableau Software Inc has a fifty-two week low of $68.45 and a fifty-two week high of $129.28.

Tableau Software (NYSE:DATA) last released its earnings results on Tuesday, November 6th. The software company reported ($0.82) earnings per share for the quarter, missing the consensus estimate of ($0.67) by ($0.15). The firm had revenue of $239.60 million during the quarter, compared to analysts’ expectations of $242.19 million. Tableau Software had a negative return on equity of 25.49% and a negative net margin of 22.39%. The business’s revenue was up 11.5% on a year-over-year basis. During the same period last year, the business earned $0.08 earnings per share. As a group, research analysts predict that Tableau Software Inc will post -2.88 EPS for the current year.

Several brokerages have recently issued reports on DATA. Bank of America reaffirmed a “buy” rating and issued a $140.00 price objective on shares of Tableau Software in a research note on Monday. JPMorgan Chase & Co. lifted their price objective on shares of Tableau Software to $125.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 7th. Royal Bank of Canada lifted their price objective on shares of Tableau Software to $120.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 7th. Wedbush lifted their price objective on shares of Tableau Software from $128.00 to $120.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 7th. Finally, Citigroup set a $140.00 price objective on shares of Tableau Software and gave the stock a “buy” rating in a research note on Tuesday, September 18th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Tableau Software currently has a consensus rating of “Buy” and an average target price of $118.41.

In other news, insider Adam Selipsky sold 21,300 shares of Tableau Software stock in a transaction that occurred on Thursday, November 29th. The shares were sold at an average price of $121.23, for a total value of $2,582,199.00. Following the transaction, the insider now directly owns 248,909 shares of the company’s stock, valued at $30,175,238.07. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Hilarie A. Koplow sold 228 shares of Tableau Software stock in a transaction that occurred on Monday, November 19th. The stock was sold at an average price of $115.00, for a total transaction of $26,220.00. Following the completion of the transaction, the director now directly owns 9,190 shares in the company, valued at $1,056,850. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,240,848 shares of company stock worth $140,158,728. 28.98% of the stock is currently owned by insiders.

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Tableau Software 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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