Insider Selling: Thomas E. Walker, Jr. Sells 15,000 Shares of Tableau Software Stock (DATA)
Tableau Software (NYSE:DATA) CFO Thomas E. Walker, Jr. sold 15,000 shares of Tableau Software stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $65.14, for a total value of $977,100.00. Following the transaction, the chief financial officer now directly owns 25,229 shares in the company, valued at approximately $1,643,417. The sale was disclosed in a document filed with the SEC, which is available at this link.
Tableau Software (NYSE:DATA) traded down 0.98% on Wednesday, hitting $67.51. The stock had a trading volume of 1,264,171 shares. 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 $61.94 and its 200-day moving average is $68.66. The company has a market cap of $4.638 billion and a P/E ratio of 1311.15.
Tableau Software (NYSE:DATA) last released its earnings data on Thursday, July 31st. The company reported $0.05 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter 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.
Several analysts have recently commented on the stock. 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 given a buy rating to the company’s stock. Tableau Software currently 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.
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