Insider Selling: Tableau Software, Inc. (DATA) EVP Sells 5,393 Shares of Stock

Tableau Software, Inc. (NYSE:DATA) EVP Keenan Michael Conder sold 5,393 shares of Tableau Software stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $70.95, for a total value of $382,633.35. Following the completion of the sale, the executive vice president now directly owns 79,971 shares in the company, valued at approximately $5,673,942.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Keenan Michael Conder also recently made the following trade(s):

  • On Thursday, November 30th, Keenan Michael Conder sold 4,000 shares of Tableau Software stock. The stock was sold at an average price of $69.61, for a total value of $278,440.00.
  • On Tuesday, November 21st, Keenan Michael Conder sold 4,000 shares of Tableau Software stock. The stock was sold at an average price of $70.21, for a total value of $280,840.00.
  • On Tuesday, November 14th, Keenan Michael Conder sold 2,000 shares of Tableau Software stock. The stock was sold at an average price of $71.26, for a total value of $142,520.00.
  • On Wednesday, August 30th, Keenan Michael Conder sold 2,000 shares of Tableau Software stock. The stock was sold at an average price of $71.88, for a total transaction of $143,760.00.
  • On Thursday, August 31st, Keenan Michael Conder sold 4,000 shares of Tableau Software stock. The stock was sold at an average price of $72.04, for a total transaction of $288,160.00.
  • On Tuesday, August 22nd, Keenan Michael Conder sold 4,000 shares of Tableau Software stock. The shares were sold at an average price of $70.71, for a total value of $282,840.00.

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 posted its quarterly earnings data on Thursday, November 2nd. The software company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $214.90 million during the quarter, compared to the consensus estimate of $219.43 million. During the same period in the previous year, the firm posted $0.16 EPS. The firm’s revenue was up 4.3% compared to the same quarter last year. research analysts predict that Tableau Software, Inc. will post -1.63 earnings per share for the current fiscal year.

A number of analysts recently weighed in on DATA shares. Maxim Group restated a “sell” rating and issued a $40.00 price objective on shares of Tableau Software in a report on Friday, November 3rd. BMO Capital Markets increased their price target on 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. Barclays reiterated an “overweight” rating and set a $76.00 price target (up from $72.00) on shares of Tableau Software in a report on Wednesday, August 9th. Jefferies Group cut their price objective on shares of Tableau Software from $70.00 to $67.00 and set a “hold” rating on the stock in a research report on Friday, November 3rd. Finally, Bank of America increased their price objective on shares of Tableau Software from $84.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $72.11.

Several hedge funds and other institutional investors have recently made changes to their positions in DATA. Northern Trust Corp boosted its stake 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 acquiring an additional 15,561 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of 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 buying an additional 307,122 shares in the last quarter. Wellington Management Group LLP bought a new position in shares of Tableau Software in the first quarter worth approximately $320,000. FMR LLC lifted its stake in shares of 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 buying an additional 738,623 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its stake in shares of 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 buying an additional 11,999 shares in the last quarter. Institutional investors own 81.63% of the company’s stock.

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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.

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

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