Insider Selling: Pat Hanrahan Unloads 50,000 Shares of Tableau Software Stock (DATA)
Tableau Software (NYSE:DATA) Insider Pat Hanrahan unloaded 50,000 shares of the company’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $60.90, for a total transaction of $3,045,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Tableau Software (NYSE:DATA) traded down 1.91% during mid-day trading on Friday, hitting $60.14. The stock had a trading volume of 1,246,972 shares. Tableau Software has a one year low of $52.02 and a one year 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 price-to-earnings ratio of 1179.04.
Tableau Software (NYSE:DATA) last issued its quarterly earnings data 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 investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price 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.
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.