Marcus Capital LLC reduced its holdings in Tableau Software, Inc. (NYSE:DATA) by 42.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 34,275 shares of the software company’s stock after selling 25,000 shares during the quarter. Tableau Software makes up 3.6% of Marcus Capital LLC’s portfolio, making the stock its 7th biggest position. Marcus Capital LLC’s holdings in Tableau Software were worth $2,567,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Tableau Software by 10.6% in the 2nd quarter. Vanguard Group Inc. now owns 4,692,183 shares of the software company’s stock worth $287,489,000 after buying an additional 450,910 shares during the last quarter. BlackRock Inc. lifted its position in shares of Tableau Software by 9.0% in the 2nd quarter. BlackRock Inc. now owns 2,672,716 shares of the software company’s stock worth $163,756,000 after buying an additional 220,387 shares during the last quarter. FMR LLC lifted its position in shares of Tableau Software by 44.8% in the 2nd quarter. FMR LLC now owns 2,387,444 shares of the software company’s stock worth $146,279,000 after buying an additional 738,623 shares during the last quarter. Baillie Gifford & Co. lifted its position in shares of Tableau Software by 0.9% in the 3rd quarter. Baillie Gifford & Co. now owns 1,405,232 shares of the software company’s stock worth $105,238,000 after buying an additional 12,193 shares during the last quarter. Finally, Artisan Partners Limited Partnership bought a new position in shares of Tableau Software in the 2nd quarter worth about $85,555,000. Institutional investors own 78.23% of the company’s stock.

In other Tableau Software news, insider Andrew Beers sold 3,933 shares of the firm’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $70.39, for a total value of $276,843.87. Following the completion of the transaction, the insider now directly owns 264,607 shares in the company, valued at $18,625,686.73. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Adam Selipsky sold 3,200 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $69.99, for a total transaction of $223,968.00. Following the completion of the transaction, the insider now owns 219,430 shares of the company’s stock, valued at $15,357,905.70. The disclosure for this sale can be found here. Over the last quarter, insiders sold 582,981 shares of company stock valued at $41,212,723. Corporate insiders own 24.76% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This article was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another domain, it was illegally stolen and reposted in violation of international copyright law. The original version of this article can be read at https://www.thecerbatgem.com/2017/11/15/tableau-software-inc-data-holdings-reduced-by-marcus-capital-llc.html.

Shares of Tableau Software, Inc. (NYSE:DATA) traded down $0.06 on Wednesday, hitting $71.18. 361,100 shares of the company’s stock traded hands, compared to its average volume of 1,041,265. Tableau Software, Inc. has a one year low of $41.41 and a one year high of $82.32.

Tableau Software (NYSE:DATA) last announced its 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 company had revenue of $214.90 million during the quarter, compared to analysts’ expectations of $219.43 million. During the same period last year, the company posted $0.16 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. sell-side analysts predict that Tableau Software, Inc. will post -1.63 EPS for the current year.

A number of research analysts have recently issued reports on DATA shares. Maxim Group restated a “sell” rating and issued a $40.00 price target on shares of Tableau Software in a research report on Friday, November 3rd. BMO Capital Markets raised their price target on shares of Tableau Software from $70.00 to $77.00 and gave the stock a “market perform” rating in a research report on Friday, November 3rd. They noted that the move was a valuation call. Barclays PLC restated an “overweight” rating and issued a $76.00 price target (up from $72.00) on shares of Tableau Software in a research report on Wednesday, August 9th. Jefferies Group LLC reduced their price target on shares of Tableau Software from $70.00 to $67.00 and set a “hold” rating on the stock in a research report on Friday, November 3rd. Finally, Bank of America Corporation raised their price target on shares of Tableau Software from $84.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $71.24.

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)

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.