Tableau Software Inc (NYSE:DATA) insider Pat Hanrahan sold 400,000 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $78.50, for a total value of $31,400,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Tableau Software Inc (DATA) traded down $1.68 during mid-day trading on Thursday, hitting $76.15. The stock had a trading volume of 1,345,510 shares, compared to its average volume of 1,131,297. Tableau Software Inc has a 12-month low of $47.30 and a 12-month high of $87.00. The firm has a market capitalization of $6,100.00, a price-to-earnings ratio of -32.27 and a beta of 0.88.
Tableau Software (NYSE:DATA) last announced its quarterly earnings results on Thursday, February 1st. The software company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.09. Tableau Software had a negative return on equity of 23.76% and a negative net margin of 21.16%. The firm had revenue of $249.40 million for the quarter, compared to analyst estimates of $240.63 million. During the same period last year, the firm posted $0.26 earnings per share. The business’s revenue for the quarter was down .5% on a year-over-year basis. sell-side analysts forecast that Tableau Software Inc will post -1.95 earnings per share for the current fiscal year.
A number of brokerages recently commented on DATA. Drexel Hamilton restated a “hold” rating on shares of Tableau Software in a research report on Monday, October 30th. Raymond James Financial began coverage on Tableau Software in a research note on Wednesday, January 17th. They issued a “market perform” rating on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $75.00 price objective (up from $70.00) on shares of Tableau Software in a research note on Wednesday, October 11th. Mizuho reaffirmed a “hold” rating and issued a $68.00 price objective on shares of Tableau Software in a research note on Thursday, November 2nd. Finally, Morgan Stanley raised their price objective on Tableau Software from $68.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $81.00.
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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