Capital International Investors continued to hold its position in Tableau Software, Inc. (NYSE:DATA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,139,700 shares of the software company’s stock at the end of the second quarter. Capital International Investors owned 1.44% of Tableau Software worth $69,829,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its stake in shares of Tableau Software by 66.0% during the 2nd quarter. Royal Bank of Canada now owns 11,759 shares of the software company’s stock worth $721,000 after purchasing an additional 4,676 shares during the period. Institute for Wealth Management LLC. purchased a new position in shares of Tableau Software in the 2nd quarter worth about $258,000. UBS Oconnor LLC boosted its holdings in shares of Tableau Software by 42.6% in the 2nd quarter. UBS Oconnor LLC now owns 155,483 shares of the software company’s stock worth $9,526,000 after buying an additional 46,482 shares during the last quarter. Balyasny Asset Management LLC boosted its holdings in shares of Tableau Software by 3,026.7% in the 2nd quarter. Balyasny Asset Management LLC now owns 363,295 shares of the software company’s stock worth $22,259,000 after buying an additional 351,676 shares during the last quarter. Finally, Voya Investment Management LLC boosted its holdings in shares of Tableau Software by 4.5% in the 2nd quarter. Voya Investment Management LLC now owns 23,038 shares of the software company’s stock worth $1,412,000 after buying an additional 983 shares during the last quarter. Institutional investors and hedge funds own 77.61% of the company’s stock.

Tableau Software, Inc. (NYSE DATA) traded down 0.89% during mid-day trading on Wednesday, hitting $75.30. The stock had a trading volume of 39,787 shares. The stock’s market cap is $5.96 billion. The stock’s 50-day moving average price is $73.29 and its 200-day moving average price is $63.08. Tableau Software, Inc. has a 12 month low of $41.41 and a 12 month high of $76.50.

Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Wednesday, August 2nd. The software company reported $0.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.15. Tableau Software had a negative return on equity of 18.71% and a negative net margin of 17.08%. The company had revenue of $212.90 million for the quarter, compared to analysts’ expectations of $210.72 million. The firm’s revenue was up 7.3% compared to the same quarter last year. On average, analysts predict that Tableau Software, Inc. will post $0.23 earnings per share for the current year.

In other news, EVP Keenan Michael Conder sold 6,800 shares of the stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $68.22, for a total value of $463,896.00. Following the sale, the executive vice president now directly owns 86,164 shares in the company, valued at $5,878,108.08. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Adam Selipsky sold 3,200 shares of the stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $72.15, for a total value of $230,880.00. Following the completion of the sale, the insider now owns 213,030 shares in the company, valued at $15,370,114.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,160,559 shares of company stock valued at $81,744,364. Company insiders own 28.98% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another domain, it was stolen and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.thecerbatgem.com/2017/10/04/tableau-software-inc-data-stake-maintained-by-capital-international-investors.html.

Several equities analysts recently weighed in on the stock. Bank of America Corporation restated a “buy” rating and set a $76.00 price target on shares of Tableau Software in a research report on Monday, July 17th. BidaskClub lowered shares of Tableau Software from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 30th. Goldman Sachs Group, Inc. (The) upgraded shares of Tableau Software from a “neutral” rating to a “buy” rating and boosted their target price for the company from $59.00 to $78.00 in a research note on Tuesday, June 13th. KeyCorp reissued a “buy” rating and set a $67.00 target price on shares of Tableau Software in a research report on Sunday, July 30th. Finally, UBS AG reissued a “buy” rating and set a $74.00 target price (up from $68.00) on shares of Tableau Software in a research report on Thursday, August 3rd. Three equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $65.46.

Tableau Software 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.

Want to see what other hedge funds are holding DATA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tableau Software, Inc. (NYSE:DATA).

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

Receive News & Stock Ratings for Tableau Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tableau Software Inc. and related stocks with our FREE daily email newsletter.