Ardevora Asset Management LLP bought a new stake in shares of Tableau Software, Inc. (NYSE:DATA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 457,860 shares of the software company’s stock, valued at approximately $34,289,000. Ardevora Asset Management LLP owned about 0.58% of Tableau Software as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. New York State Common Retirement Fund grew its holdings in shares of Tableau Software by 1.8% during the 3rd quarter. New York State Common Retirement Fund now owns 134,800 shares of the software company’s stock valued at $10,095,000 after purchasing an additional 2,360 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Tableau Software by 58.5% during the 3rd quarter. Sei Investments Co. now owns 135,587 shares of the software company’s stock valued at $10,154,000 after purchasing an additional 50,041 shares during the last quarter. World Asset Management Inc bought a new position in shares of Tableau Software during the 3rd quarter valued at $210,000. Principal Financial Group Inc. bought a new position in shares of Tableau Software during the 3rd quarter valued at $717,000. Finally, Prudential Financial Inc. bought a new position in shares of Tableau Software during the 3rd quarter valued at $257,000. 78.23% of the stock is currently owned by institutional investors.

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Tableau Software, Inc. (NYSE DATA) traded down $0.06 on Wednesday, hitting $71.18. 361,100 shares of the company’s stock were exchanged, compared to its average volume of 1,041,265. Tableau Software, Inc. has a fifty-two week low of $41.41 and a fifty-two week high of $82.32.

Tableau Software (NYSE:DATA) last posted its quarterly earnings results on Thursday, November 2nd. The software company reported $0.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.07. Tableau Software had a negative net margin of 18.76% and a negative return on equity of 20.89%. The business had revenue of $214.90 million during the quarter, compared to analyst estimates of $219.43 million. During the same period in the prior year, the business posted $0.16 earnings per share. The company’s revenue was up 4.3% on a year-over-year basis. sell-side analysts anticipate that Tableau Software, Inc. will post -1.63 EPS for the current year.

In related news, insider Andrew Beers sold 3,933 shares of the company’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $70.39, for a total transaction of $276,843.87. Following the sale, the insider now owns 264,607 shares of the company’s stock, valued at $18,625,686.73. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Adam Selipsky sold 3,200 shares of the company’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $72.28, for a total transaction of $231,296.00. Following the sale, the insider now directly owns 216,230 shares in the company, valued at approximately $15,629,104.40. The disclosure for this sale can be found here. Insiders sold 582,981 shares of company stock worth $41,212,723 in the last three months. Insiders own 24.76% of the company’s stock.

A number of brokerages have issued reports on DATA. Royal Bank Of Canada reissued a “hold” rating and issued a $75.00 price target on shares of Tableau Software in a report on Wednesday. BMO Capital Markets raised their price target on shares of Tableau Software from $64.00 to $70.00 and gave the stock a “market perform” rating in a report on Thursday, August 3rd. UBS AG reissued a “buy” rating and issued a $101.00 price target (up previously from $74.00) on shares of Tableau Software in a report on Thursday, November 9th. Cowen and Company reissued a “market perform” rating and issued a $60.00 price target (up previously from $53.00) on shares of Tableau Software in a report on Thursday, August 3rd. Finally, ValuEngine raised shares of Tableau Software from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Two research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $71.24.

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.

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

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