Gamco Investors INC. ET AL bought a new stake in Tableau Software Inc Class A (NYSE:DATA) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,401 shares of the software company’s stock, valued at approximately $528,000.

A number of other institutional investors also recently added to or reduced their stakes in DATA. FMR LLC grew its holdings in Tableau Software Inc Class A by 4,138.8% in the second quarter. FMR LLC now owns 2,323,496 shares of the software company’s stock valued at $227,122,000 after purchasing an additional 2,268,681 shares during the period. Millennium Management LLC acquired a new position in Tableau Software Inc Class A during the first quarter valued at approximately $37,349,000. Los Angeles Capital Management & Equity Research Inc. acquired a new position in Tableau Software Inc Class A during the second quarter valued at approximately $40,802,000. Carillon Tower Advisers Inc. lifted its position in Tableau Software Inc Class A by 61.7% during the second quarter. Carillon Tower Advisers Inc. now owns 959,019 shares of the software company’s stock valued at $93,743,000 after buying an additional 366,103 shares in the last quarter. Finally, BlackRock Inc. lifted its position in Tableau Software Inc Class A by 10.8% during the second quarter. BlackRock Inc. now owns 3,572,065 shares of the software company’s stock valued at $349,168,000 after buying an additional 348,593 shares in the last quarter. Hedge funds and other institutional investors own 82.65% of the company’s stock.

DATA has been the topic of a number of recent research reports. Deutsche Bank raised shares of Tableau Software Inc Class A from a “hold” rating to a “buy” rating and lifted their price target for the company from $105.00 to $120.00 in a research report on Wednesday, August 1st. Royal Bank of Canada lifted their price target on shares of Tableau Software Inc Class A to $105.00 and gave the company a “market perform” rating in a research report on Wednesday, August 1st. Goldman Sachs Group reaffirmed a “buy” rating and set a $130.00 price target (up from $110.00) on shares of Tableau Software Inc Class A in a research report on Monday, July 23rd. Susquehanna Bancshares initiated coverage on shares of Tableau Software Inc Class A in a research report on Wednesday, June 20th. They set a “neutral” rating and a $101.00 price target on the stock. Finally, UBS Group reaffirmed a “buy” rating and set a $130.00 price target (up from $114.00) on shares of Tableau Software Inc Class A in a research report on Friday, August 3rd. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $111.33.

NYSE DATA opened at $113.90 on Friday. Tableau Software Inc Class A has a 52 week low of $68.37 and a 52 week high of $115.46.

Tableau Software Inc Class A (NYSE:DATA) last posted its earnings results on Thursday, August 2nd. The software company reported ($0.71) EPS for the quarter, missing analysts’ consensus estimates of ($0.66) by ($0.05). The firm had revenue of $243.60 million for the quarter, compared to analyst estimates of $237.23 million. Tableau Software Inc Class A had a negative return on equity of 24.51% and a negative net margin of 20.38%. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.10 earnings per share. analysts expect that Tableau Software Inc Class A will post -2.71 earnings per share for the current year.

In related news, insider Chris Stolte sold 172,791 shares of the company’s stock in a transaction on Tuesday, August 7th. The shares were sold at an average price of $103.56, for a total value of $17,894,235.96. Following the sale, the insider now directly owns 176,327 shares of the company’s stock, valued at $18,260,424.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William Bosworth sold 324 shares of the company’s stock in a transaction on Friday, August 24th. The shares were sold at an average price of $103.64, for a total transaction of $33,579.36. Following the completion of the sale, the director now directly owns 10,027 shares in the company, valued at $1,039,198.28. The disclosure for this sale can be found here. Insiders sold 969,063 shares of company stock worth $100,306,003 over the last ninety days. 28.98% of the stock is currently owned by corporate insiders.

Tableau Software Inc Class A 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 Inc Class A (NYSE:DATA)

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