Tableau Software Inc (DATA) Just Reaches 52-Week High?

September 12, 2017 - By Marie Mckinney

Investors sentiment increased to 1.05 in Q4 2016. Its up 0.10, from 0.95 in 2016Q3. It improved, as 32 investors sold Tableau Software Inc shares while 59 reduced holdings. 31 funds opened positions while 65 raised stakes. 54.34 million shares or 1.03% more from 53.78 million shares in 2016Q3 were reported.
Blackrock Advsrs Ltd holds 0% or 33,581 shares in its portfolio. Dupont Capital Management Corporation owns 11,091 shares or 0.01% of their US portfolio. Clearbridge Invests Lc accumulated 10,693 shares or 0% of the stock. The Illinois-based Citadel Advisors Lc has invested 0.04% in Tableau Software Inc (NYSE:DATA). Bankshares Of America Corp De has 150,248 shares for 0% of their portfolio. Utah Retirement System reported 0.01% of its portfolio in Tableau Software Inc (NYSE:DATA). Capital Fund Management holds 0.01% of its portfolio in Tableau Software Inc (NYSE:DATA) for 20,154 shares. Pine River Capital Mngmt Limited Partnership owns 370,266 shares. Millennium Management Ltd reported 0.07% of its portfolio in Tableau Software Inc (NYSE:DATA). 26,175 are owned by Integral Derivatives Llc. State Board Of Administration Of Florida Retirement Sys holds 0.01% or 74,716 shares in its portfolio. 1832 Asset L P owns 181,400 shares for 0.04% of their portfolio. Alliancebernstein Lp reported 0% stake. Jane Street Gp Inc Ltd Com accumulated 42,163 shares. Baillie Gifford And Company invested 0.1% of its portfolio in Tableau Software Inc (NYSE:DATA).

The stock of Tableau Software Inc (NYSE:DATA) hit a new 52-week high and has $79.61 target or 7.00 % above today’s $74.40 share price. The 8 months bullish chart indicates low risk for the $5.88 billion company. The 1-year high was reported on Sep, 12 by Barchart.com. If the $79.61 price target is reached, the company will be worth $411.60M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

About 136,587 shares traded. Tableau Software Inc (NYSE:DATA) has risen 25.71% since September 12, 2016 and is uptrending. It has outperformed by 9.01% the S&P500.

Tableau Software Inc (NYSE:DATA) Ratings Coverage

Among 39 analysts covering Tableau Software (NYSE:DATA), 17 have Buy rating, 3 Sell and 19 Hold. Therefore 44% are positive. Tableau Software had 110 analyst reports since July 24, 2015 according to SRatingsIntel. As per Wednesday, February 3, the company rating was initiated by Maxim Group. The firm has “Neutral” rating by Mizuho given on Friday, May 6. The stock of Tableau Software Inc (NYSE:DATA) has “Positive” rating given on Monday, April 24 by OTR Global. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, August 3 report. On Wednesday, August 2 the stock rating was maintained by Jefferies with “Hold”. The stock has “Buy” rating by UBS on Thursday, August 3. Maxim Group maintained it with “Sell” rating and $4300 target in Thursday, August 3 report. The company was maintained on Thursday, August 3 by BMO Capital Markets. Wunderlich maintained the shares of DATA in report on Friday, May 6 with “Buy” rating. On Wednesday, January 11 the stock rating was initiated by Wells Fargo with “Market Perform”.

More recent Tableau Software Inc (NYSE:DATA) news were published by: Nasdaq.com which released: “Tableau Acquires Cleargraph, Enables Data Discovery via Voice” on August 15, 2017. Also Prnewswire.com published the news titled: “URGENT: Monteverde & Associates PC Invites Tableau Software, Inc. Shareholders …” on August 15, 2017. Fool.com‘s news article titled: “Why Tableau Software, Inc. Stock Rose 12.5% in August” with publication date: September 05, 2017 was also an interesting one.

Tableau Software, Inc. offers software products. The company has market cap of $5.88 billion. The Company’s products are used by people of diverse skill levels across all kinds of organizations. It currently has negative earnings. The Company’s products are used by people of skill levels across all kinds of organizations.

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