Tableau Software Inc (NYSE:DATA) insider Andrew Beers sold 10,421 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $83.26, for a total transaction of $867,652.46. Following the completion of the sale, the insider now directly owns 172,771 shares in the company, valued at $14,384,913.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Andrew Beers also recently made the following trade(s):
- On Wednesday, December 6th, Andrew Beers sold 20,000 shares of Tableau Software stock. The shares were sold at an average price of $70.46, for a total transaction of $1,409,200.00.
Tableau Software Inc (NYSE DATA) traded up $1.34 on Friday, hitting $83.28. 297,777 shares of the company traded hands, compared to its average volume of 1,160,000. Tableau Software Inc has a 52-week low of $47.30 and a 52-week high of $87.00. The firm has a market cap of $6,640.00, a P/E ratio of -35.29 and a beta of 0.88.
Tableau Software (NYSE:DATA) last released its quarterly earnings results on Thursday, February 1st. The software company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.09. Tableau Software had a negative net margin of 21.16% and a negative return on equity of 23.76%. The firm had revenue of $249.40 million during the quarter, compared to the consensus estimate of $240.63 million. During the same quarter in the prior year, the firm earned $0.26 EPS. The company’s revenue for the quarter was down .5% on a year-over-year basis. analysts predict that Tableau Software Inc will post -1.95 earnings per share for the current year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Xact Kapitalforvaltning AB acquired a new position in shares of Tableau Software during the 4th quarter worth about $389,000. Sterling Capital Management LLC raised its position in shares of Tableau Software by 13.0% during the 4th quarter. Sterling Capital Management LLC now owns 77,959 shares of the software company’s stock worth $5,395,000 after purchasing an additional 8,985 shares during the last quarter. Harvest Capital Strategies LLC acquired a new position in shares of Tableau Software during the 4th quarter worth about $8,650,000. Sciencast Management LP raised its position in shares of Tableau Software by 17.4% during the 4th quarter. Sciencast Management LP now owns 8,797 shares of the software company’s stock worth $653,000 after purchasing an additional 1,302 shares during the last quarter. Finally, Teachers Advisors LLC raised its position in shares of Tableau Software by 9.9% during the 4th quarter. Teachers Advisors LLC now owns 70,643 shares of the software company’s stock worth $4,888,000 after purchasing an additional 6,380 shares during the last quarter. Hedge funds and other institutional investors own 82.24% of the company’s stock.
DATA has been the topic of several recent research reports. Maxim Group reaffirmed a “sell” rating and issued a $40.00 price target on shares of Tableau Software in a report on Friday, November 3rd. Zacks Investment Research lowered shares of Tableau Software from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Morgan Stanley upped their price target on shares of Tableau Software from $76.00 to $83.00 and gave the company an “equal weight” rating in a report on Friday, February 2nd. Raymond James Financial initiated coverage on shares of Tableau Software in a report on Wednesday, January 17th. They issued a “market perform” rating on the stock. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $75.00 price target on shares of Tableau Software in a report on Wednesday, November 15th. One analyst has rated the stock with a sell rating, eighteen have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $81.26.
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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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