Tableau Software major shareholder Krishna Kittu Kolluri Sells 4,842 Shares (DATA)
Tableau Software (NYSE:DATA) major shareholder Krishna Kittu Kolluri unloaded 4,842 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $60.32, for a total transaction of $292,069.44. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
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 research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $84.81.
Tableau Software (NYSE:DATA) traded up 2.18% during mid-day trading on Friday, hitting $60.98. 1,304,122 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 has a 50-day moving average of $62.09 and a 200-day moving average of $70.47. The company has a market cap of $4.189 billion and a price-to-earnings ratio of 1147.69.
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. Analysts expect that Tableau Software will post $-0.02 EPS for the current fiscal 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.
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