Tableau Software, Inc. (DATA) CFO Sells $178,200.00 in Stock

Tableau Software, Inc. (NYSE:DATA) CFO Thomas E. Walker, Jr. sold 2,500 shares of Tableau Software stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $71.28, for a total value of $178,200.00. Following the completion of the sale, the chief financial officer now directly owns 137,478 shares in the company, valued at approximately $9,799,431.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Tableau Software, Inc. (NYSE DATA) traded up $0.02 during midday trading on Friday, hitting $70.32. 719,150 shares of the stock were exchanged, compared to its average volume of 1,190,549. Tableau Software, Inc. has a 52 week low of $41.41 and a 52 week high of $82.32.

Tableau Software (NYSE:DATA) last announced its quarterly earnings results on Thursday, November 2nd. The software company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.07. The company had revenue of $214.90 million for 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%. Tableau Software’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.16 earnings per share. research analysts predict that Tableau Software, Inc. will post -1.63 earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its holdings in Tableau Software by 0.5% during the first quarter. PNC Financial Services Group Inc. now owns 4,336 shares of the software company’s stock valued at $215,000 after buying an additional 20 shares during the last quarter. Public Employees Retirement Association of Colorado increased its holdings in Tableau Software by 1.1% during the second quarter. Public Employees Retirement Association of Colorado now owns 13,107 shares of the software company’s stock valued at $803,000 after buying an additional 138 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in Tableau Software by 7.9% during the second quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock valued at $140,000 after buying an additional 167 shares during the last quarter. Teacher Retirement System of Texas increased its holdings in Tableau Software by 4.1% during the second quarter. Teacher Retirement System of Texas now owns 4,795 shares of the software company’s stock valued at $294,000 after buying an additional 189 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Tableau Software by 12.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,105 shares of the software company’s stock valued at $129,000 after buying an additional 231 shares during the last quarter. Institutional investors own 81.63% of the company’s stock.

Several equities research analysts recently issued reports on DATA shares. Jefferies Group lowered their price target on shares of Tableau Software from $70.00 to $67.00 and set a “hold” rating for the company in a report on Friday, November 3rd. BMO Capital Markets upped their price target on shares of Tableau Software from $70.00 to $77.00 and gave the stock a “market perform” rating in a report on Friday, November 3rd. They noted that the move was a valuation call. Morgan Stanley increased their price objective on Tableau Software from $68.00 to $71.00 and gave the company an “equal weight” rating in a report on Thursday, November 2nd. Mizuho reiterated a “hold” rating and set a $68.00 price target on shares of Tableau Software in a report on Thursday, November 2nd. Finally, Drexel Hamilton reiterated a “hold” rating on shares of Tableau Software in a report on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $72.11.

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Tableau Software Company Profile

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)

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