7,263 Shares in Tableau Software Inc (NYSE:DATA) Acquired by Vivaldi Capital Management LLC

Vivaldi Capital Management LLC purchased a new position in Tableau Software Inc (NYSE:DATA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 7,263 shares of the software company’s stock, valued at approximately $1,206,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AGF Investments LLC lifted its holdings in shares of Tableau Software by 24.1% in the 2nd quarter. AGF Investments LLC now owns 319 shares of the software company’s stock worth $53,000 after purchasing an additional 62 shares during the last quarter. Carroll Financial Associates Inc. raised its stake in Tableau Software by 40.6% during the 2nd quarter. Carroll Financial Associates Inc. now owns 381 shares of the software company’s stock valued at $63,000 after acquiring an additional 110 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new stake in Tableau Software during the 2nd quarter valued at $74,000. Pittenger & Anderson Inc. raised its stake in Tableau Software by 100.0% during the 1st quarter. Pittenger & Anderson Inc. now owns 500 shares of the software company’s stock valued at $64,000 after acquiring an additional 250 shares in the last quarter. Finally, Manchester Capital Management LLC bought a new stake in Tableau Software during the 1st quarter valued at $72,000. 88.84% of the stock is currently owned by institutional investors and hedge funds.

Shares of DATA remained flat at $$169.53 during midday trading on Friday. Tableau Software Inc has a 1-year low of $94.81 and a 1-year high of $177.59. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 0.25. The stock has a 50-day moving average of $169.58 and a 200-day moving average of $146.46. The stock has a market cap of $14.61 billion, a P/E ratio of -53.14 and a beta of 1.49.

Several analysts have weighed in on the company. Wedbush downgraded Tableau Software from an “outperform” rating to a “neutral” rating and set a $171.89 target price on the stock. in a research note on Thursday, June 20th. UBS Group downgraded Tableau Software from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 19th. Needham & Company LLC downgraded Tableau Software from a “buy” rating to a “hold” rating in a research note on Monday, June 10th. Sanford C. Bernstein downgraded Tableau Software from an “outperform” rating to a “market perform” rating and set a $167.00 target price on the stock. in a research note on Tuesday, July 2nd. Finally, KeyCorp lifted their target price on Tableau Software from $158.00 to $165.00 and gave the company an “overweight” rating in a research note on Friday, June 7th. Fourteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $148.38.

Tableau Software 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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