Insider Selling: Tableau Software Insider Unloads 100,000 Shares of Stock (DATA)
Tableau Software (NYSE:DATA) Insider Pat Hanrahan sold 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $58.85, for a total value of $5,885,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Tableau Software (NYSE:DATA) traded down 1.97% during mid-day trading on Tuesday, hitting $58.24. 1,210,878 shares of the company’s stock traded hands. Tableau Software has a 52-week low of $52.02 and a 52-week high of $102.37. The stock’s 50-day moving average is $64.15 and its 200-day moving average is $71.21. The company has a market cap of $4.001 billion and a P/E ratio of 1142.50.
Tableau Software (NYSE:DATA) last released its earnings data on Thursday, July 31st. The company reported $0.05 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.01 earnings per share. The company’s quarterly revenue was up 81.8% on a year-over-year basis. On average, analysts predict that Tableau Software will post $-0.02 earnings per share for the current fiscal year.
A number of research firms have recently commented on DATA. 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 analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Tableau Software has a consensus 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.
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