Tableau Software Inc (NYSE:DATA) has been assigned an average rating of “Hold” from the thirty-five research firms that are currently covering the company. Four equities research analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation, thirteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $59.30.

A number of equities research analysts recently weighed in on the stock. Maxim Group boosted their price target on shares of Tableau Software from $24.00 to $30.00 and gave the stock a “sell” rating in a research note on Friday, February 3rd. Goldman Sachs Group Inc boosted their price target on shares of Tableau Software from $50.00 to $52.00 and gave the stock a “neutral” rating in a research note on Friday, February 3rd. Vetr raised shares of Tableau Software from a “buy” rating to a “strong-buy” rating and set a $54.28 price target for the company in a research note on Tuesday, January 24th. Citigroup Inc raised shares of Tableau Software from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $50.00 to $64.00 in a research note on Tuesday, January 24th. They noted that the move was a valuation call. Finally, Cowen and Company boosted their price target on shares of Tableau Software from $50.00 to $53.00 and gave the stock a “market perform” rating in a research note on Friday, February 3rd.

In other Tableau Software news, insider Elissa Fink sold 5,000 shares of the company’s stock in a transaction on Thursday, February 9th. The shares were sold at an average price of $54.19, for a total transaction of $270,950.00. Following the sale, the insider now directly owns 53,921 shares of the company’s stock, valued at $2,921,978.99. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Chris Stolte sold 75,000 shares of the company’s stock in a transaction on Tuesday, February 7th. The stock was sold at an average price of $53.64, for a total transaction of $4,023,000.00. Following the sale, the insider now directly owns 78,908 shares in the company, valued at $4,232,625.12. The disclosure for this sale can be found here. Insiders have sold 95,394 shares of company stock valued at $5,133,399 in the last 90 days. 28.98% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of the company. Norges Bank purchased a new stake in Tableau Software during the fourth quarter valued at about $40,599,000. Barings LLC purchased a new stake in Tableau Software during the fourth quarter valued at about $624,000. Capital International Inc. CA raised its stake in Tableau Software by 9.6% in the fourth quarter. Capital International Inc. CA now owns 28,600 shares of the software company’s stock valued at $1,205,000 after buying an additional 2,500 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its stake in Tableau Software by 84.4% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,940 shares of the software company’s stock valued at $251,000 after buying an additional 2,718 shares during the period. Finally, Intellectus Partners LLC purchased a new stake in Tableau Software during the fourth quarter valued at about $135,000. 70.40% of the stock is currently owned by hedge funds and other institutional investors.

Tableau Software (NYSE:DATA) opened at 49.02 on Tuesday. The stock’s 50 day moving average is $51.76 and its 200-day moving average is $49.30. The company’s market cap is $3.83 billion. Tableau Software has a 12-month low of $41.33 and a 12-month high of $62.53.

Tableau Software (NYSE:DATA) last posted its quarterly earnings results on Thursday, February 2nd. The software company reported $0.26 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.13. The business earned $250.60 million during the quarter, compared to the consensus estimate of $230.24 million. Tableau Software had a negative net margin of 17.47% and a negative return on equity of 18.89%. Tableau Software’s revenue for the quarter was up 23.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.33 earnings per share. Analysts predict that Tableau Software will post $0.01 earnings per share for the current fiscal year.

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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.

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