According to Zacks, “Tableau Software, Inc. engages in providing analytics and data visualization software. The company offers Tableau Desktop, Tableau Server and Tableau Public. It also provides related maintenance and support, and professional and training services. The Company’s product helps a single user on a laptop analyze data from a simple spreadsheet, or to enable thousands of users across an enterprise to execute queries against databases. Tableau Software, Inc. is headquartered in Seattle, Washington. “
Other equities analysts have also issued research reports about the company. Jefferies Group dropped their target price on Tableau Software from $56.00 to $52.00 and set a hold rating on the stock in a report on Wednesday, August 3rd. FBN Securities reissued an outperform rating and issued a $60.00 target price (down previously from $65.00) on shares of Tableau Software in a report on Thursday, August 4th. Brean Capital reissued a hold rating on shares of Tableau Software in a report on Thursday, August 4th. Vetr raised Tableau Software from a buy rating to a strong-buy rating and set a $60.29 target price on the stock in a report on Wednesday, August 3rd. Finally, Deutsche Bank AG dropped their target price on Tableau Software from $65.00 to $60.00 and set a hold rating on the stock in a report on Wednesday, August 3rd. Three analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, eighteen have issued 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 $68.55.
Tableau Software (NYSE:DATA) opened at 50.41 on Tuesday. The firm’s market cap is $3.80 billion. The stock has a 50 day moving average price of $56.20 and a 200 day moving average price of $52.20. Tableau Software has a one year low of $36.60 and a one year high of $104.92.
In related news, Director Elliott H. Jurgensen, Jr. sold 3,242 shares of Tableau Software stock in a transaction on Thursday, August 25th. The shares were sold at an average price of $59.95, for a total transaction of $194,357.90. Following the transaction, the director now owns 6,459 shares in the company, valued at approximately $387,217.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Kelly Wright sold 1,025 shares of Tableau Software stock in a transaction on Tuesday, August 16th. The shares were sold at an average price of $54.53, for a total transaction of $55,893.25. Following the transaction, the vice president now owns 304,937 shares in the company, valued at approximately $16,628,214.61. The disclosure for this sale can be found here. Insiders own 28.98% of the company’s stock.
Several institutional investors have recently bought and sold shares of DATA. Riverhead Capital Management LLC acquired a new position in Tableau Software during the first quarter valued at $1,325,000. State Street Corp raised its position in Tableau Software by 3.5% in the first quarter. State Street Corp now owns 854,818 shares of the software company’s stock valued at $39,210,000 after buying an additional 28,853 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in Tableau Software during the first quarter valued at $1,601,000. Credit Agricole S A raised its position in Tableau Software by 1.3% in the first quarter. Credit Agricole S A now owns 8,099 shares of the software company’s stock valued at $372,000 after buying an additional 102 shares during the last quarter. Finally, Palisade Capital Management LLC NJ raised its position in Tableau Software by 1.2% in the first quarter. Palisade Capital Management LLC NJ now owns 25,605 shares of the software company’s stock valued at $1,175,000 after buying an additional 295 shares during the last quarter. Institutional investors and hedge funds own 70.66% of the company’s stock.
Tableau Software Company Profile
Tableau Software, Inc (Tableau) offers software products. The Company’s technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Company’s Live Query and In-Memory Data Engines technologies.
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