Tableau Software Inc (DATA) Insider Chris Stolte Sells 285,000 Shares of Stock

Tableau Software Inc (NYSE:DATA) insider Chris Stolte sold 285,000 shares of Tableau Software stock in a transaction that occurred on Friday, November 9th. The stock was sold at an average price of $114.00, for a total value of $32,490,000.00. Following the sale, the insider now owns 288,536 shares in the company, valued at $32,893,104. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Chris Stolte also recently made the following trade(s):

  • On Tuesday, November 13th, Chris Stolte sold 380,000 shares of Tableau Software stock. The stock was sold at an average price of $113.32, for a total value of $43,061,600.00.
  • On Monday, August 27th, Chris Stolte sold 95,000 shares of Tableau Software stock. The stock was sold at an average price of $106.66, for a total value of $10,132,700.00.

Shares of NYSE DATA opened at $112.53 on Wednesday. Tableau Software Inc has a twelve month low of $68.37 and a twelve month high of $125.50. The company has a market capitalization of $9.46 billion, a PE ratio of -48.09 and a beta of 1.34.

Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Tuesday, November 6th. The software company reported ($0.82) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.67) by ($0.15). The company had revenue of $239.60 million for the quarter, compared to the consensus estimate of $242.19 million. Tableau Software had a negative return on equity of 25.49% and a negative net margin of 22.39%. Tableau Software’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.08 earnings per share. On average, sell-side analysts predict that Tableau Software Inc will post -2.88 earnings per share for the current fiscal year.

Several equities research analysts have issued reports on DATA shares. Morgan Stanley set a $117.00 price objective on Tableau Software and gave the stock a “hold” rating in a report on Wednesday, October 24th. UBS Group lifted their price objective on Tableau Software from $95.00 to $114.00 and gave the stock a “neutral” rating in a report on Thursday, August 2nd. Citigroup set a $140.00 price target on Tableau Software and gave the company a “buy” rating in a report on Tuesday, September 18th. Barclays boosted their price target on Tableau Software from $114.00 to $123.00 and gave the company an “overweight” rating in a report on Monday, August 6th. Finally, Maxim Group boosted their price target on Tableau Software from $107.00 to $127.00 and gave the company a “hold” rating in a report on Wednesday, November 7th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $116.27.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Tableau Software by 11.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,593 shares of the software company’s stock worth $513,000 after buying an additional 471 shares during the last quarter. Utah Retirement Systems grew its stake in Tableau Software by 4.0% during the 3rd quarter. Utah Retirement Systems now owns 13,000 shares of the software company’s stock worth $1,453,000 after buying an additional 500 shares during the last quarter. Signition LP grew its stake in Tableau Software by 2.9% during the 3rd quarter. Signition LP now owns 19,475 shares of the software company’s stock worth $2,176,000 after buying an additional 544 shares during the last quarter. Metropolitan Life Insurance Co. NY grew its stake in Tableau Software by 11.5% during the 2nd quarter. Metropolitan Life Insurance Co. NY now owns 5,336 shares of the software company’s stock worth $522,000 after buying an additional 551 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in Tableau Software by 23.4% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 3,894 shares of the software company’s stock worth $435,000 after buying an additional 739 shares during the last quarter. Hedge funds and other institutional investors own 82.28% of the company’s stock.

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Tableau Software Company Profile

Tableau Software, Inc provides business analytics software products. It offers Tableau Desktop, an analytics product that empowers people to access and analyze data; and Tableau Server, a business intelligence platform with data management and scalability to foster sharing of analytics, as well as to enhance the dissemination of information in an organization and promote decision-making.

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

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