Insider Selling: Tableau Software, Inc. (NYSE:DATA) CEO Sells 7,272 Shares of Stock

Tableau Software, Inc. (NYSE:DATA) CEO Adam Selipsky sold 7,272 shares of the stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $70.67, for a total transaction of $513,912.24. Following the transaction, the chief executive officer now owns 237,592 shares in the company, valued at $16,790,626.64. The sale was disclosed in a filing with the SEC, which is available through this link.

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

  • On Thursday, November 30th, Adam Selipsky sold 3,200 shares of Tableau Software stock. The stock was 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 Wednesday, September 6th, Adam Selipsky sold 3,200 shares of Tableau Software stock. The shares were sold at an average price of $72.15, for a total transaction of $230,880.00.
  • On Thursday, August 31st, Adam Selipsky sold 1,600 shares of Tableau Software stock. The shares were sold at an average price of $71.92, for a total transaction of $115,072.00.
  • On Friday, September 1st, Adam Selipsky sold 3,200 shares of Tableau Software stock. The shares were sold at an average price of $72.28, for a total transaction of $231,296.00.
  • On Tuesday, August 22nd, Adam Selipsky sold 3,200 shares of Tableau Software stock. The shares were sold at an average price of $69.99, for a total transaction of $223,968.00.

Shares of Tableau Software, Inc. (NYSE:DATA) traded down $1.55 during midday trading on Monday, hitting $68.77. 860,898 shares of the stock were exchanged, compared to its average volume of 1,024,924. Tableau Software, Inc. has a twelve month low of $41.41 and a twelve month high of $82.32.

Tableau Software (NYSE:DATA) last released its quarterly earnings results on Thursday, November 2nd. The software company reported $0.08 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $214.90 million for the quarter, compared to analysts’ expectations of $219.43 million. During the same quarter last year, the company earned $0.16 EPS. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. research analysts forecast that Tableau Software, Inc. will post -1.63 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp grew its stake in Tableau Software by 5.8% in the 2nd quarter. Northern Trust Corp now owns 283,245 shares of the software company’s stock valued at $17,355,000 after acquiring an additional 15,561 shares during the period. American Century Companies Inc. grew its stake in Tableau Software by 39.2% in the 2nd quarter. American Century Companies Inc. now owns 1,091,341 shares of the software company’s stock valued at $66,866,000 after acquiring an additional 307,122 shares during the period. Wellington Management Group LLP acquired a new stake in Tableau Software in the 1st quarter valued at $320,000. FMR LLC grew its stake in Tableau Software by 44.8% in the 2nd quarter. FMR LLC now owns 2,387,444 shares of the software company’s stock valued at $146,279,000 after acquiring an additional 738,623 shares during the period. Finally, New York State Common Retirement Fund grew its stake in Tableau Software by 10.0% in the 2nd quarter. New York State Common Retirement Fund now owns 132,440 shares of the software company’s stock valued at $8,115,000 after acquiring an additional 11,999 shares during the period. 81.70% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have commented on DATA. Royal Bank Of Canada reissued a “sector perform” rating and set a $70.00 price target (up from $65.00) on shares of Tableau Software in a research report on Wednesday, August 9th. UBS reaffirmed a “buy” rating and issued a $101.00 price objective (up from $74.00) on shares of Tableau Software in a research report on Thursday, November 9th. Zacks Investment Research lowered shares of Tableau Software from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. Needham & Company LLC began coverage on shares of Tableau Software in a research report on Monday, October 23rd. They issued a “buy” rating and a $98.00 price objective for the company. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $58.00 price objective on shares of Tableau Software in a research report on Sunday, October 8th. Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. 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.

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

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