Tableau Software major shareholder M James Barrett Unloads 57,879 Shares (DATA)
Tableau Software (NYSE:DATA) major shareholder M James Barrett unloaded 57,879 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $59.57, for a total transaction of $3,447,852.03. Following the sale, the insider now directly owns 6,969 shares in the company, valued at approximately $415,143. The transaction was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
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 issued a buy rating to the company. The company 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’s 50-day moving average is $62.09 and its 200-day moving average is $70.47. The company has a market cap of $4.189 billion and a P/E ratio of 1147.69.
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. On average, analysts predict that Tableau Software will post $-0.02 earnings per share 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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