Tableau Software (DATA) : Traders are bullish on Tableau Software (DATA) as it has outperformed the S&P 500 by a wide margin of 0.21% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.21%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.26% in the last 1 week, and is up 1.24% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.74% and the 50-Day Moving Average is 0.63%. Tableau Software (NYSE:DATA): stock turned positive on Friday. Though the stock opened at $53.65, the bulls momentum made the stock top out at $53.86 level for the day. The stock recorded a low of $53.265 and closed the trading day at $53.85, in the green by 0.22%. The total traded volume for the day was 797,054. The stock had closed at $53.73 in the previous days trading.
The company Insiders own 28.98% of Tableau Software shares according to the proxy statements. Institutional Investors own 68.95% of Tableau Software shares. During last six month period, the net percent change held by insiders has seen a change of -0.39%. Also, Rosenblatt initiates coverage on Tableau Software (NYSE:DATA). The current rating of the shares is Buy, according to the research report released by the firm. The rating by the firm was issued on August 8, 2016.
Tableau Software, Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop, a self-service analytics product, Tableau Server, a business intelligence platform for organizations, Tableau Online, a cloud-based version of Tableau Server, and Tableau Public, a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. The Companys technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.