Tableau Software, Inc. (DATA) Insider Sells $1,409,200.00 in Stock
Tableau Software, Inc. (NYSE:DATA) insider Andrew Beers sold 20,000 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $70.46, for a total transaction of $1,409,200.00. Following the completion of the sale, the insider now owns 188,422 shares of the company’s stock, valued at $13,276,214.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Tableau Software, Inc. (DATA) traded up $0.89 during trading hours on Thursday, hitting $70.76. 462,900 shares of the stock traded hands, compared to its average volume of 1,022,013. Tableau Software, Inc. has a 52-week low of $41.41 and a 52-week high of $82.32.
Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Thursday, November 2nd. The software company reported $0.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.07. Tableau Software had a negative net margin of 18.76% and a negative return on equity of 20.89%. The firm had revenue of $214.90 million for the quarter, compared to analysts’ expectations of $219.43 million. During the same quarter in the prior year, the business earned $0.16 EPS. The business’s quarterly revenue was up 4.3% on a year-over-year basis. research analysts expect that Tableau Software, Inc. will post -1.63 earnings per share for the current fiscal year.
Several research analysts recently weighed in on DATA shares. Zacks Investment Research upgraded shares of Tableau Software from a “hold” rating to a “buy” rating and set a $81.00 price target on the stock in a report on Friday, September 8th. KeyCorp reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Tableau Software in a research report on Friday, October 6th. Barclays reaffirmed a “buy” rating and set a $80.00 price objective on shares of Tableau Software in a research note on Wednesday, October 11th. Bank of America boosted their price objective on shares of Tableau Software from $84.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, October 18th. Finally, Needham & Company LLC started coverage on shares of Tableau Software in a research note on Monday, October 23rd. They issued a “buy” rating and a $98.00 price target for the company. Two 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. Tableau Software has a consensus rating of “Hold” and an average price target of $72.11.
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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.
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