Tableau Software Insider Unloads $6,060,000 in Stock (DATA)
Tableau Software (NYSE:DATA) Insider Pat Hanrahan unloaded 100,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $60.60, for a total value of $6,060,000.00. The sale was disclosed in a filing with the SEC, which is available at this link.
Tableau Software (NYSE:DATA) traded down 1.91% on Friday, hitting $60.14. The stock had a trading volume of 1,246,972 shares. Tableau Software has a 52-week low of $52.02 and a 52-week high of $102.37. The stock has a 50-day moving average of $64.69 and a 200-day moving average of $71.54. The company has a market cap of $4.107 billion and a P/E ratio of 1179.04.
Tableau Software (NYSE:DATA) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.05 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.04) by $0.09. The company had revenue of $90.70 million for the quarter, compared to the consensus estimate of $79.69 million. During the same quarter last year, the company posted $0.01 earnings per share. Tableau Software’s revenue was up 81.8% compared to the same quarter last year. Analysts expect that Tableau Software will post $-0.02 EPS for the current fiscal year.
A number of analysts have recently weighed in on DATA shares. Analysts at Susquehanna raised their price target on shares of Tableau Software from $74.00 to $76.00 in a research note on Friday, August 1st. Separately, analysts at BMO Capital Markets raised their price target on shares of Tableau Software from $75.00 to $80.00 in a research note on Friday, August 1st. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Tableau Software in a research note on Friday, August 1st. They now have a $80.00 price target on the stock, up previously from $75.00. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $84.81.
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.
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