Tableau Software Inc (NYSE:DATA) Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC lowered its position in shares of Tableau Software Inc (NYSE:DATA) by 74.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 2,702 shares of the software company’s stock after selling 7,778 shares during the quarter. Emerald Advisers LLC’s holdings in Tableau Software were worth $449,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. O Shares Investment Advisers LLC purchased a new position in shares of Tableau Software during the 1st quarter valued at about $341,000. Wellington Shields Capital Management LLC raised its stake in shares of Tableau Software by 20.0% during the 1st quarter. Wellington Shields Capital Management LLC now owns 3,000 shares of the software company’s stock valued at $382,000 after buying an additional 500 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Tableau Software by 10.2% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 30,380 shares of the software company’s stock valued at $5,044,000 after buying an additional 2,800 shares during the last quarter. Pennsylvania Trust Co raised its stake in shares of Tableau Software by 4.9% during the 1st quarter. Pennsylvania Trust Co now owns 2,125 shares of the software company’s stock valued at $270,000 after buying an additional 100 shares during the last quarter. Finally, SeaTown Holdings Pte. Ltd. raised its stake in shares of Tableau Software by 1.1% during the 1st quarter. SeaTown Holdings Pte. Ltd. now owns 60,510 shares of the software company’s stock valued at $7,702,000 after buying an additional 686 shares during the last quarter. 88.84% of the stock is owned by institutional investors.

In other Tableau Software news, insider Adam Selipsky sold 11,828 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $122.08, for a total transaction of $1,443,962.24. Following the completion of the sale, the insider now directly owns 239,813 shares in the company, valued at approximately $29,276,371.04. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Damon A. Fletcher sold 3,101 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $121.06, for a total value of $375,407.06. Following the sale, the chief financial officer now owns 48,955 shares of the company’s stock, valued at $5,926,492.30. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 26,491 shares of company stock valued at $3,138,080. 12.58% of the stock is owned by company insiders.



Shares of Tableau Software stock opened at $169.53 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 50-day simple moving average of $170.82. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 0.25. The stock has a market cap of $14.61 billion, a price-to-earnings ratio of -53.14 and a beta of 1.49.

A number of research firms have weighed in on DATA. KeyCorp lifted their price objective on Tableau Software from $158.00 to $165.00 and gave the company an “overweight” rating in a research note on Friday, June 7th. ValuEngine upgraded Tableau Software from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 1st. Goldman Sachs Group began coverage on Tableau Software in a research note on Friday, June 7th. They set a “buy” rating and a $146.00 price objective for the company. Needham & Company LLC lowered Tableau Software from a “buy” rating to a “hold” rating in a research note on Monday, June 10th. Finally, BTIG Research lowered Tableau Software from a “buy” rating to a “neutral” rating in a research note on Monday, June 10th. Fourteen equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Tableau Software has a consensus rating of “Hold” and an average target price of $148.38.

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.

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

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