Tableau Software, Inc. (DATA) Holdings Cut by Barings LLC

Barings LLC lowered its position in shares of Tableau Software, Inc. (NYSE:DATA) by 42.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,500 shares of the software company’s stock after selling 6,300 shares during the period. Barings LLC’s holdings in Tableau Software were worth $637,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. ETF Managers Group LLC bought a new stake in shares of Tableau Software in the second quarter worth $119,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Tableau Software by 12.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,105 shares of the software company’s stock worth $129,000 after buying an additional 231 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of Tableau Software by 164.4% in the second quarter. BNP Paribas Arbitrage SA now owns 2,266 shares of the software company’s stock worth $139,000 after buying an additional 1,409 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Tableau Software by 7.9% in the second quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock worth $140,000 after buying an additional 167 shares during the last quarter. Finally, Boston Advisors LLC bought a new stake in shares of Tableau Software in the third quarter worth $201,000. Institutional investors own 81.71% of the company’s stock.

Shares of Tableau Software, Inc. (NYSE DATA) opened at $70.10 on Thursday. Tableau Software, Inc. has a 1-year low of $41.41 and a 1-year high of $82.32.

Tableau Software (NYSE:DATA) last issued its quarterly earnings results on Thursday, November 2nd. The software company reported $0.08 EPS for the quarter, topping the 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 firm had revenue of $214.90 million for the quarter, compared to analysts’ expectations of $219.43 million. During the same period in the previous year, the business earned $0.16 earnings per share. Tableau Software’s revenue for the quarter was up 4.3% compared to the same quarter last year. research analysts anticipate that Tableau Software, Inc. will post -1.63 earnings per share for the current fiscal year.

A number of analysts recently issued reports on the stock. UBS restated a “buy” rating and issued a $101.00 price target (up previously from $74.00) on shares of Tableau Software in a research note on Thursday, November 9th. Zacks Investment Research lowered shares of Tableau Software from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Needham & Company LLC assumed coverage on shares of Tableau Software in a research note on Monday, October 23rd. They issued a “buy” rating and a $98.00 price target for the company. Jefferies Group restated a “hold” rating and issued a $58.00 price target on shares of Tableau Software in a research note on Sunday, October 8th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $85.00 price objective (up previously from $75.00) on shares of Tableau Software in a report on Thursday, September 21st. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $72.11.

In other Tableau Software news, EVP Keenan Michael Conder sold 4,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $69.61, for a total value of $278,440.00. Following the sale, the executive vice president now directly owns 78,828 shares in the company, valued at $5,487,217.08. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Adam Selipsky sold 7,272 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $70.67, for a total transaction of $513,912.24. Following the completion of the sale, the chief executive officer now owns 237,592 shares in the company, valued at $16,790,626.64. The disclosure for this sale can be found here. Over the last quarter, insiders sold 692,286 shares of company stock worth $48,819,636. 28.98% of the stock is owned by company insiders.

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About Tableau Software

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.

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

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