Swiss National Bank raised its holdings in shares of Tableau Software Inc (NYSE:DATA) by 3.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 246,525 shares of the software company’s stock after acquiring an additional 7,800 shares during the quarter. Swiss National Bank owned approximately 0.29% of Tableau Software worth $40,928,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of DATA. BlackRock Inc. increased its holdings in shares of Tableau Software by 30.1% in the first quarter. BlackRock Inc. now owns 4,997,006 shares of the software company’s stock worth $636,019,000 after purchasing an additional 1,155,835 shares during the last quarter. Frontier Capital Management Co. LLC increased its holdings in shares of Tableau Software by 18,501.8% in the first quarter. Frontier Capital Management Co. LLC now owns 536,291 shares of the software company’s stock worth $68,259,000 after purchasing an additional 533,408 shares during the last quarter. FMR LLC increased its holdings in shares of Tableau Software by 9.9% in the first quarter. FMR LLC now owns 4,377,068 shares of the software company’s stock worth $557,113,000 after purchasing an additional 392,991 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. bought a new stake in shares of Tableau Software in the first quarter worth about $37,764,000. Finally, ARP Americas LP increased its holdings in shares of Tableau Software by 2,763.7% in the second quarter. ARP Americas LP now owns 307,022 shares of the software company’s stock worth $50,972,000 after purchasing an additional 296,301 shares during the last quarter. 88.84% of the stock is currently owned by institutional investors and hedge funds.

In other Tableau Software news, insider Adam Selipsky sold 5,666 shares of the business’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $113.17, for a total transaction of $641,221.22. Following the completion of the transaction, the insider now owns 232,982 shares in the company, valued at $26,366,572.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 12.58% of the stock is owned by insiders.

Several equities research analysts have recently issued reports on DATA shares. First Analysis cut Tableau Software from an “outperform” rating to a “neutral” rating and set a $164.06 target price on the stock. in a report on Wednesday, June 12th. Needham & Company LLC cut Tableau Software from a “buy” rating to a “hold” rating in a report on Monday, June 10th. UBS Group cut Tableau Software from a “buy” rating to a “neutral” rating in a report on Wednesday, June 19th. BMO Capital Markets reduced their target price on Tableau Software from $145.00 to $140.00 and set a “market perform” rating on the stock in a report on Tuesday, April 23rd. Finally, Goldman Sachs Group started coverage on Tableau Software in a research report on Friday, June 7th. They issued a “buy” rating and a $146.00 price target for the company. Fourteen analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Tableau Software presently has an average rating of “Hold” and an average price target of $148.38.

Shares of NYSE:DATA remained flat at $$169.53 during trading hours on Wednesday. Tableau Software Inc has a 52 week low of $94.81 and a 52 week high of $177.59. The firm’s fifty day moving average price is $171.38 and its two-hundred day moving average price is $140.54. The stock has a market capitalization of $14.61 billion, a price-to-earnings ratio of -53.14 and a beta of 1.49. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 0.25.

About Tableau Software

Tableau Software, Inc, together with its subsidiaries, provides business analytics software products. It offers Tableau Desktop, a self-service, powerful analytics product with data; Tableau Server, a business intelligence platform for organizations; Tableau Online, a hosted software-as-a-service version of Tableau Server; Tableau Prep, a data preparation product for combining, shaping, and cleaning data; and Tableau Public, a cloud-based platform for analyzing and sharing public data.

Further Reading: Oversold

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

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