Insider Selling: Tableau Software Director Unloads 7,099 Shares of Stock (DATA)
Tableau Software (NYSE:DATA) Director Scott D. Sandell unloaded 7,099 shares of Tableau Software stock on the open market in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $60.40, for a total value of $428,779.60. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Tableau Software (NYSE:DATA) traded up 2.53% on Tuesday, hitting $61.49. 673,361 shares of the company’s stock traded hands. Tableau Software has a 1-year low of $52.02 and a 1-year high of $102.37. The stock has a 50-day moving average of $61.64 and a 200-day moving average of $69.72. The company has a market cap of $4.224 billion and a price-to-earnings ratio of 1153.27.
Tableau Software (NYSE:DATA) last announced its 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.
DATA has been the subject of a number of recent research reports. 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’s stock. The company has a consensus rating of “Buy” and a consensus 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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