ETF Managers Group LLC acquired a new position in shares of Tableau Software, Inc. (NYSE:DATA) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,938 shares of the software company’s stock, valued at approximately $119,000.

Several other large investors have also added to or reduced their stakes in DATA. Bank of New York Mellon Corp boosted its position in shares of Tableau Software by 5.1% during the 1st quarter. Bank of New York Mellon Corp now owns 208,357 shares of the software company’s stock worth $10,324,000 after acquiring an additional 10,129 shares in the last quarter. UBS Asset Management Americas Inc. boosted its position in shares of Tableau Software by 9.5% during the 1st quarter. UBS Asset Management Americas Inc. now owns 33,185 shares of the software company’s stock worth $1,644,000 after acquiring an additional 2,887 shares in the last quarter. Karp Capital Management Corp acquired a new position in shares of Tableau Software during the 1st quarter worth about $200,000. JPMorgan Chase & Co. boosted its position in shares of Tableau Software by 14.4% during the 1st quarter. JPMorgan Chase & Co. now owns 241,864 shares of the software company’s stock worth $11,984,000 after acquiring an additional 30,409 shares in the last quarter. Finally, Westpac Banking Corp acquired a new position in shares of Tableau Software during the 1st quarter worth about $126,000. 77.61% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently issued reports on the company. Jefferies Group LLC reaffirmed a “hold” rating and set a $58.00 price objective on shares of Tableau Software in a research report on Sunday. Robert W. Baird set a $68.00 price objective on Tableau Software and gave the stock a “hold” rating in a research report on Friday. KeyCorp reaffirmed a “buy” rating and set a $85.00 price objective on shares of Tableau Software in a research report on Friday. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Tableau Software in a research report on Wednesday, September 13th. Finally, Zacks Investment Research raised Tableau Software from a “hold” rating to a “buy” rating and set a $81.00 price objective for the company in a research report on Friday, September 8th. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Tableau Software currently has a consensus rating of “Hold” and an average target price of $65.96.

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Shares of Tableau Software, Inc. (DATA) traded up 0.62% during trading on Friday, hitting $77.38. The stock had a trading volume of 460,075 shares. The firm’s 50-day moving average is $73.86 and its 200-day moving average is $63.47. Tableau Software, Inc. has a one year low of $41.41 and a one year high of $77.47. The firm’s market cap is $6.12 billion.

Tableau Software (NYSE:DATA) last announced its earnings results on Wednesday, August 2nd. The software company reported $0.10 EPS 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 firm had revenue of $212.90 million for the quarter, compared to analysts’ expectations of $210.72 million. The company’s revenue was up 7.3% on a year-over-year basis. Equities research analysts forecast that Tableau Software, Inc. will post $0.23 EPS for the current year.

In related news, EVP Keenan Michael Conder sold 6,800 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $68.22, for a total transaction of $463,896.00. Following the sale, the executive vice president now owns 86,164 shares of the company’s stock, valued at $5,878,108.08. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Chris Stolte sold 225,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $70.59, for a total value of $15,882,750.00. Following the sale, the insider now directly owns 153,702 shares in the company, valued at approximately $10,849,824.18. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,160,559 shares of company stock worth $81,744,364. 28.98% of the stock is owned by corporate insiders.

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.

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

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