Tableau Software Inc (NYSE:DATA) has been assigned an average rating of “Hold” from the thirty-seven research firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $71.78.
Several brokerages recently issued reports on DATA. UBS restated a “buy” rating and set a $101.00 target price (up from $74.00) on shares of Tableau Software in a research report on Thursday, November 9th. Needham & Company LLC began coverage on shares of Tableau Software in a research report on Monday, October 23rd. They set a “buy” rating and a $98.00 target price for the company. KeyCorp restated a “buy” rating and set a $85.00 target price (up from $75.00) on shares of Tableau Software in a research report on Thursday, September 21st. Oppenheimer reiterated a “hold” rating on shares of Tableau Software in a research report on Wednesday, September 13th. Finally, Jefferies Group reiterated a “hold” rating and issued a $58.00 price target on shares of Tableau Software in a research report on Sunday, October 8th.
Shares of Tableau Software (NYSE DATA) traded up $0.69 during midday trading on Monday, reaching $70.75. 446,994 shares of the company traded hands, compared to its average volume of 1,002,468. Tableau Software has a 12 month low of $41.41 and a 12 month high of $82.32.
Tableau Software (NYSE:DATA) last announced its 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 during the quarter, compared to analyst estimates of $219.43 million. Tableau Software had a negative net margin of 18.76% and a negative return on equity of 20.89%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.16 earnings per share. equities analysts predict that Tableau Software will post -1.63 EPS for the current fiscal year.
In other news, CFO Thomas E. Walker, Jr. sold 5,000 shares of the business’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $71.39, for a total value of $356,950.00. Following the transaction, the chief financial officer now owns 137,478 shares of the company’s stock, valued at $9,814,554.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Christian Chabot sold 450,000 shares of the business’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $70.49, for a total transaction of $31,720,500.00. Following the completion of the transaction, the insider now directly owns 231,820 shares in the company, valued at approximately $16,340,991.80. The disclosure for this sale can be found here. Insiders sold 692,286 shares of company stock worth $48,819,636 in the last three months. Insiders own 28.98% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the stock. Invictus RG purchased a new stake in Tableau Software during the third quarter valued at $123,000. ETF Managers Group LLC purchased a new stake in Tableau Software during the second quarter valued at $119,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake 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 purchasing an additional 231 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in Tableau Software by 164.4% during the second quarter. BNP Paribas Arbitrage SA now owns 2,266 shares of the software company’s stock valued at $139,000 after purchasing an additional 1,409 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake 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 purchasing an additional 167 shares in the last quarter. 81.07% of the stock is currently owned by institutional investors.
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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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