Media headlines about Tableau Software (NYSE:DATA) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tableau Software earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave news headlines about the software company an impact score of 45.618960389497 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of brokerages recently commented on DATA. Robert W. Baird reiterated a “hold” rating and set a $76.00 price target on shares of Tableau Software in a report on Sunday, November 19th. Royal Bank of Canada restated a “hold” rating and issued a $75.00 target price on shares of Tableau Software in a research note on Wednesday, November 15th. UBS restated a “buy” rating and issued a $101.00 target price (up from $74.00) on shares of Tableau Software in a research note on Thursday, November 9th. BidaskClub lowered Tableau Software from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 7th. Finally, Zacks Investment Research lowered Tableau Software from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $72.11.
Tableau Software (DATA) traded down $0.56 during midday trading on Friday, hitting $70.19. The stock had a trading volume of 292,036 shares, compared to its average volume of 999,592. Tableau Software has a 12 month low of $41.41 and a 12 month high of $82.32. The company has a market cap of $5,586.72, a price-to-earnings ratio of -33.11 and a beta of 0.82.
In related news, CFO Thomas E. Walker, Jr. sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $71.39, for a total value of $356,950.00. Following the sale, the chief financial officer now owns 137,478 shares in the company, valued at approximately $9,814,554.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Andrew Beers sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $70.46, for a total value of $1,409,200.00. Following the completion of the sale, the insider now owns 188,422 shares in the company, valued at approximately $13,276,214.12. The disclosure for this sale can be found here. Insiders have sold a total of 692,286 shares of company stock valued at $48,819,636 in the last ninety days. 28.98% of the stock is currently owned by corporate insiders.
TRADEMARK VIOLATION WARNING: This story was reported by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.com-unik.info/2017/12/22/tableau-software-data-receiving-somewhat-positive-media-coverage-report-shows.html.
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.
Receive News & Ratings for Tableau Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tableau Software and related companies with MarketBeat.com's FREE daily email newsletter.