Artisan Partners Limited Partnership raised its holdings in Tableau Software, Inc. (NYSE:DATA) by 168.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 3,744,414 shares of the software company’s stock after acquiring an additional 2,348,049 shares during the period. Artisan Partners Limited Partnership owned 4.70% of Tableau Software worth $280,419,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. ETF Managers Group LLC acquired a new stake in shares of Tableau Software during the 2nd quarter worth $119,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Tableau Software by 12.3% during the 2nd 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 holdings in shares of Tableau Software by 164.4% during the 2nd 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 holdings in shares of Tableau Software by 7.9% during the 2nd 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 acquired a new stake in shares of Tableau Software during the 3rd quarter worth $201,000. Institutional investors own 81.63% of the company’s stock.

Tableau Software, Inc. (NYSE DATA) traded up $1.34 during trading hours on Friday, reaching $70.30. 670,300 shares of the company’s stock were exchanged, compared to its average volume of 1,026,958. Tableau Software, Inc. has a one year low of $41.41 and a one year high of $82.32.

Tableau Software (NYSE:DATA) last posted its quarterly earnings data on Thursday, November 2nd. The software company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.07. The company had revenue of $214.90 million during the quarter, compared to analysts’ expectations of $219.43 million. Tableau Software had a negative net margin of 18.76% and a negative return on equity of 20.89%. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.16 EPS. equities research analysts predict that Tableau Software, Inc. will post -1.63 earnings per share for the current year.

In other Tableau Software news, insider Adam Selipsky sold 3,200 shares of the company’s stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $72.15, for a total value of $230,880.00. Following the completion of the transaction, the insider now directly owns 213,030 shares of the company’s stock, valued at approximately $15,370,114.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Christian Chabot sold 450,000 shares of the company’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $70.49, for a total transaction of $31,720,500.00. Following the completion of the transaction, the insider now directly owns 231,820 shares of the company’s stock, valued at $16,340,991.80. The disclosure for this sale can be found here. Over the last three months, insiders sold 657,686 shares of company stock valued at $46,397,854. 24.76% of the stock is currently owned by corporate insiders.

DATA has been the subject of a number of research analyst reports. Maxim Group restated a “sell” rating and set a $40.00 price objective on shares of Tableau Software in a report on Friday, November 3rd. Royal Bank Of Canada restated a “sector perform” rating and set a $75.00 price objective (up from $70.00) on shares of Tableau Software in a report on Wednesday, October 11th. Bank of America upped their price objective on Tableau Software from $84.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, October 18th. KeyCorp restated a “buy” rating and set a $85.00 price objective on shares of Tableau Software in a report on Friday, October 6th. Finally, Zacks Investment Research downgraded Tableau Software from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $72.11.

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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.

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

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