Tableau Software, Inc. (NYSE:DATA) CEO Adam Selipsky sold 1,600 shares of the firm’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $68.45, for a total transaction of $109,520.00. Following the transaction, the chief executive officer now directly owns 229,828 shares of the company’s stock, valued at approximately $15,731,726.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Adam Selipsky also recently made the following trade(s):

  • On Thursday, November 30th, Adam Selipsky sold 3,200 shares of Tableau Software stock. The shares were sold at an average price of $70.06, for a total transaction of $224,192.00.
  • On Wednesday, November 22nd, Adam Selipsky sold 3,200 shares of Tableau Software stock. The shares were sold at an average price of $69.94, for a total transaction of $223,808.00.
  • On Thursday, November 16th, Adam Selipsky sold 7,272 shares of Tableau Software stock. The shares were sold at an average price of $70.67, for a total transaction of $513,912.24.

Tableau Software, Inc. (NYSE:DATA) traded up $0.85 during trading hours on Thursday, reaching $71.61. 624,355 shares of the company’s stock were exchanged, compared to its average volume of 1,020,328. Tableau Software, Inc. has a 1-year low of $41.41 and a 1-year high of $82.32.

Tableau Software (NYSE:DATA) last posted its quarterly earnings results on Thursday, November 2nd. The software company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.07. The business had revenue of $214.90 million during the quarter, compared to analysts’ expectations of $219.43 million. Tableau Software had a negative net margin of 18.76% and a negative return on equity of 20.89%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the company posted $0.16 earnings per share. equities analysts predict that Tableau Software, Inc. will post -1.63 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp boosted its holdings in Tableau Software by 5.8% during the second quarter. Northern Trust Corp now owns 283,245 shares of the software company’s stock worth $17,355,000 after purchasing an additional 15,561 shares during the last quarter. American Century Companies Inc. raised its position in Tableau Software by 39.2% in the second quarter. American Century Companies Inc. now owns 1,091,341 shares of the software company’s stock worth $66,866,000 after acquiring an additional 307,122 shares during the period. FMR LLC raised its position in Tableau Software by 44.8% in the second quarter. FMR LLC now owns 2,387,444 shares of the software company’s stock worth $146,279,000 after acquiring an additional 738,623 shares during the period. New York State Common Retirement Fund raised its position in Tableau Software by 10.0% in the second quarter. New York State Common Retirement Fund now owns 132,440 shares of the software company’s stock worth $8,115,000 after acquiring an additional 11,999 shares during the period. Finally, Scott & Selber Inc. bought a new stake in Tableau Software in the second quarter worth about $1,533,000. Institutional investors and hedge funds own 81.70% of the company’s stock.

Several equities analysts have recently issued reports on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $70.00 price target (up previously from $65.00) on shares of Tableau Software in a research note on Wednesday, August 9th. Barclays reaffirmed an “overweight” rating and set a $76.00 price target (up previously from $72.00) on shares of Tableau Software in a research note on Wednesday, August 9th. KeyCorp reaffirmed a “buy” rating and set a $85.00 price target (up previously from $75.00) on shares of Tableau Software in a research note on Thursday, September 21st. Zacks Investment Research downgraded shares of Tableau Software from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Finally, Oppenheimer reissued a “hold” rating on shares of Tableau Software in a research note on Wednesday, September 13th. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $72.11.

ILLEGAL ACTIVITY WARNING: This article was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/12/07/tableau-software-inc-data-ceo-adam-selipsky-sells-1600-shares.html.

About Tableau Software

Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.

Insider Buying and Selling by Quarter for Tableau Software (NYSE:DATA)

Receive News & Ratings for Tableau Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tableau Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.