Tableau Software Inc (NYSE:DATA) Position Raised by California Public Employees Retirement System

California Public Employees Retirement System lifted its holdings in Tableau Software Inc (NYSE:DATA) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 345,589 shares of the software company’s stock after purchasing an additional 13,399 shares during the period. California Public Employees Retirement System owned about 0.43% of Tableau Software worth $23,915,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Steward Partners Investment Advisory LLC lifted its holdings in Tableau Software by 871.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,486 shares of the software company’s stock valued at $102,000 after acquiring an additional 1,333 shares during the last quarter. Invictus RG purchased a new stake in shares of Tableau Software during the third quarter worth $123,000. The Manufacturers Life Insurance Company increased its position in shares of Tableau Software by 7.9% during the second quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock worth $140,000 after acquiring an additional 167 shares during the period. Boston Advisors LLC purchased a new stake in shares of Tableau Software during the third quarter worth $201,000. Finally, World Asset Management Inc purchased a new stake in shares of Tableau Software during the third quarter worth $210,000. Hedge funds and other institutional investors own 82.92% of the company’s stock.

Tableau Software Inc (DATA) traded up $0.45 during mid-day trading on Wednesday, hitting $84.67. 649,467 shares of the stock were exchanged, compared to its average volume of 1,150,000. Tableau Software Inc has a twelve month low of $47.30 and a twelve month high of $87.60. The firm has a market capitalization of $6,900.00, a price-to-earnings ratio of -67.20 and a beta of 0.79.

Tableau Software (NYSE:DATA) last released its quarterly earnings results on Thursday, February 1st. The software company reported $0.12 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.09. The business had revenue of $249.40 million for the quarter, compared to analyst estimates of $240.63 million. Tableau Software had a negative net margin of 21.16% and a negative return on equity of 23.84%. The firm’s revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 earnings per share. equities research analysts predict that Tableau Software Inc will post -1.95 EPS for the current fiscal year.

Several research firms recently commented on DATA. Raymond James Financial initiated coverage on Tableau Software in a report on Wednesday, January 17th. They issued a “market perform” rating on the stock. Needham & Company LLC increased their target price on shares of Tableau Software to $113.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. UBS Group set a $108.00 target price on shares of Tableau Software and gave the stock a “buy” rating in a research note on Wednesday, February 14th. Robert W. Baird restated a “hold” rating and issued a $76.00 price objective on shares of Tableau Software in a research report on Sunday, November 19th. Finally, Zacks Investment Research cut shares of Tableau Software from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. Tableau Software currently has a consensus rating of “Hold” and an average price target of $81.26.

In other Tableau Software news, CEO Adam Selipsky sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $80.05, for a total value of $800,500.00. Following the completion of the sale, the chief executive officer now directly owns 218,228 shares of the company’s stock, valued at $17,469,151.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Pat Hanrahan sold 400,000 shares of the company’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $78.50, for a total transaction of $31,400,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 933,719 shares of company stock worth $73,445,439. Company insiders own 24.76% of the company’s stock.

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Tableau Software Company 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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