Insider Selling: Tableau Software CFO Unloads 150,000 Shares of Stock (DATA)
Tableau Software (NYSE:DATA) CFO Thomas Walker, Jr. unloaded 150,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $61.98, for a total value of $9,297,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Susquehanna raised their price target on shares of Tableau Software from $62.00 to $72.00 in a research note to investors on Tuesday, October 29th. They now have a “neutral” rating on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Tableau Software from $60.00 to $68.00 in a research note to investors on Tuesday, October 29th. They now have a “neutral” rating on the stock. Finally, analysts at FBN Securities initiated coverage on shares of Tableau Software in a research note to investors on Thursday, September 26th. They set an “outperform” rating and a $85.00 price target on the stock. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $65.11.
Shares of Tableau Software (NYSE:DATA) traded up 0.81% on Monday, hitting $60.00. 1,131,314 shares of the company’s stock traded hands. Tableau Software has a one year low of $44.00 and a one year high of $77.74. The stock’s 50-day moving average is $68.24 and its 200-day moving average is $61.93. The company’s market cap is $3.549 billion.
Tableau Software (NYSE:DATA) last announced its earnings results on Monday, October 28th. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.09) by $0.17. The company had revenue of $61.10 million for the quarter, compared to the consensus estimate of $50.93 million. Tableau Software’s revenue was up 90.3% compared to the same quarter last year.
Tableau Software, Inc is a computer software company. The Company’s products are used by people across all kinds of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.