Pendal Group Ltd Has $1.64 Million Stock Holdings in Tableau Software Inc (NYSE:DATA)

Pendal Group Ltd raised its stake in shares of Tableau Software Inc (NYSE:DATA) by 5.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,867 shares of the software company’s stock after purchasing an additional 494 shares during the period. Pendal Group Ltd’s holdings in Tableau Software were worth $1,638,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Carroll Financial Associates Inc. grew its stake in shares of Tableau Software by 69.4% in the first quarter. Carroll Financial Associates Inc. now owns 271 shares of the software company’s stock worth $34,000 after acquiring an additional 111 shares during the last quarter. AGF Investments LLC grew its stake in shares of Tableau Software by 24.1% in the second quarter. AGF Investments LLC now owns 319 shares of the software company’s stock worth $53,000 after acquiring an additional 62 shares during the last quarter. Pittenger & Anderson Inc. grew its stake in shares of Tableau Software by 100.0% in the first quarter. Pittenger & Anderson Inc. now owns 500 shares of the software company’s stock worth $64,000 after acquiring an additional 250 shares during the last quarter. Manchester Capital Management LLC acquired a new stake in shares of Tableau Software in the first quarter worth $72,000. Finally, Stephens Inc. AR grew its stake in shares of Tableau Software by 335.9% in the first quarter. Stephens Inc. AR now owns 571 shares of the software company’s stock worth $73,000 after acquiring an additional 440 shares during the last quarter. Institutional investors own 88.84% of the company’s stock.

In other Tableau Software news, insider Adam Selipsky sold 11,828 shares of Tableau Software stock in a transaction on Monday, May 20th. The shares were sold at an average price of $122.08, for a total transaction of $1,443,962.24. Following the sale, the insider now owns 239,813 shares in the company, valued at $29,276,371.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Hilarie A. Koplow sold 228 shares of Tableau Software stock in a transaction on Friday, May 17th. The stock was sold at an average price of $122.03, for a total transaction of $27,822.84. Following the sale, the director now owns 8,734 shares in the company, valued at approximately $1,065,810.02. The disclosure for this sale can be found here. Insiders have sold 26,491 shares of company stock worth $3,138,080 in the last quarter. Corporate insiders own 12.58% of the company’s stock.



DATA remained flat at $$169.53 during trading on Thursday. Tableau Software Inc has a twelve month low of $94.81 and a twelve month high of $177.59. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.62 and a quick ratio of 2.62. The firm’s fifty day moving average price is $170.82. The company has a market capitalization of $14.61 billion, a P/E ratio of -53.14 and a beta of 1.49.

DATA has been the topic of several research analyst reports. Goldman Sachs Group initiated coverage on shares of Tableau Software in a research note on Friday, June 7th. They issued a “buy” rating and a $146.00 price objective on the stock. BMO Capital Markets lowered their price objective on shares of Tableau Software from $145.00 to $140.00 and set a “market perform” rating on the stock in a research note on Tuesday, April 23rd. Zacks Investment Research upgraded shares of Tableau Software from a “hold” rating to a “buy” rating and set a $189.00 price objective on the stock in a research note on Wednesday, July 3rd. Citigroup downgraded shares of Tableau Software from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $156.00 to $178.00 in a research note on Wednesday, June 12th. Finally, BTIG Research downgraded shares of Tableau Software from a “buy” rating to a “neutral” rating in a research note on Monday, June 10th. Fourteen research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Tableau Software currently has an average rating of “Hold” and an average target price of $148.38.

Tableau Software Company Profile

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.

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

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