The stock last traded at $81.09 which is a tad above the 50 day moving average of $76.90 and a great deal higher than the 200 day moving average of $67.13. The 50 day moving average was up $4.19 or +5.45% and the 200 day average was up $13.96. (NYSE:DATA) shares saw heavy trading volume with 991K shares changing hands in the last trading session. Shares saw a steep increase in trading volume of 85.49% over the normal average daily volume.
Short traders are more bearish recently if you consider the change in short interest. The firm recorded a rise in short interest between September 29, 2017 and October 13, 2017 of 0.10%. Short interest grew 4,257 over that period. With short interest at 4,233,838 and short average daily volume at 437,519, the short-interest ratio is 10.0 and the percentage of shorted shares is 0.05% as of October 13.
Here is a rundown on some insider market activity for Tableau Software, Inc. Class A (NYSE:DATA). President and CEO Adam Selipsky sold 3,200 shares at a price of $72.28 on Fri the 1st. The President and CEO now owns $15,513,456 of the stock as recorded in a recent Form 4 SEC filing. Keenan Michael Conder, EVP disclosed the sale of 4,000 shares. The shares sold for $72.04. The EVP now owns $5,617,031 of the stock according to the SEC filing.
Thomas E. Jr Walker, CFO sold $357,800 worth of shares at a price of $71.56 on August 29th. That brings the CFO’s holdings to $9,659,026 as reported to the SEC.
These firms have modified their investment in DATA. First Trust Advisors Lp augmented its investment by buying 148,618 shares an increase of 204.2% as of 09/30/2017. First Trust Advisors Lp owns 221,407 shares with a value of $16,581,000. The total value of its holdings increased 271.8%. Aperio Group, LLC reduced its position by selling 116 shares a decrease of 2.4% in the quarter. Aperio Group, LLC now controls 4,645 shares worth $348,000. The value of the position overall is up by 19.2%.
Sumitomo Mitsui Asset Management Company, Ltd trimmed its holdings by selling 43,500 shares a decrease of 44.3% from 06/30/2017 to 09/30/2017. Sumitomo Mitsui Asset Management Company, Ltd currently owns 54,731 shares valued at $4,098,000. The total value of its holdings decreased 31.9%. Simplex Trading, LLC downsized its stake by selling 3,127 shares a decrease of 35.8%. Simplex Trading, LLC controls 5,598 shares with a value of $419,000. The value of the position overall is down by 21.5%.
August 3 investment analysts at Barclays kept the stock rating at “Overweight” and raised the price expectation from $71.00 to $76.00. On October 23 analysts at Needham began coverage of DATA with a rating of “Buy”.
As of the last earnings report the EPS was $-1.93 and is projected to be $0.23 for the current year with 79,094,000 shares currently outstanding. Next quarter’s EPS is estimated at $0.08 with next year’s EPS anticipated to be $0.30.
Tableau Software, Inc. (Tableau), launched on July 19, 2004, offers software products. The Business’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL), which translates drag-and-drop actions into data queries and then expresses that information visually, and Hybrid Data Architecture, which combines the power of Live Query and In-Memory Data Engines. VizQL unifies the formerly disparate tasks of query and visualization and allows users to transform questions into pictures without the need for software scripts, chart wizards or dialogue boxes. Live Query Engine allows users to connect to volumes of data in its existing format and location. In-Memory Data Engine enables users to import amounts of data into its own in-memory database..