Insider Selling: Tableau Software Inc (DATA) EVP Sells 7,930 Shares of Stock

Tableau Software Inc (NYSE:DATA) EVP Keenan Michael Conder sold 7,930 shares of the company’s stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $127.48, for a total value of $1,010,916.40. Following the transaction, the executive vice president now directly owns 103,005 shares in the company, valued at $13,131,077.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Keenan Michael Conder also recently made the following trade(s):

  • On Monday, February 11th, Keenan Michael Conder sold 5,000 shares of Tableau Software stock. The shares were sold at an average price of $122.80, for a total value of $614,000.00.

DATA stock traded up $0.07 during mid-day trading on Wednesday, hitting $127.04. The stock had a trading volume of 1,715,958 shares, compared to its average volume of 1,406,005. Tableau Software Inc has a 1-year low of $77.32 and a 1-year high of $133.74. The firm has a market cap of $10.63 billion, a P/E ratio of -39.82 and a beta of 1.32.

Tableau Software (NYSE:DATA) last issued its earnings results on Tuesday, February 5th. The software company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.05. Tableau Software had a negative return on equity of 26.78% and a negative net margin of 24.35%. The company had revenue of $275.70 million for the quarter, compared to analyst estimates of $271.62 million. During the same period in the prior year, the firm posted $0.12 EPS. The business’s revenue was up 10.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Tableau Software Inc will post -0.76 earnings per share for the current fiscal year.

Several research analysts recently weighed in on DATA shares. Zacks Investment Research raised Tableau Software from a “hold” rating to a “buy” rating and set a $133.00 price target on the stock in a research report on Thursday, January 3rd. Bank of America reissued a “buy” rating and set a $140.00 price target on shares of Tableau Software in a research report on Monday, December 3rd. Citigroup set a $148.00 price target on Tableau Software and gave the company a “buy” rating in a research report on Wednesday, November 7th. Deutsche Bank upped their price target on Tableau Software to $140.00 and gave the company a “buy” rating in a research report on Wednesday, February 6th. Finally, Stifel Nicolaus upped their price target on Tableau Software to $145.00 and gave the company a “buy” rating in a research report on Wednesday, February 6th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $131.50.

Hedge funds have recently modified their holdings of the business. Garde Capital Inc. increased its holdings in shares of Tableau Software by 10.3% during the 4th quarter. Garde Capital Inc. now owns 19,089 shares of the software company’s stock valued at $2,291,000 after acquiring an additional 1,780 shares during the last quarter. Amalgamated Bank increased its holdings in shares of Tableau Software by 67.7% during the 4th quarter. Amalgamated Bank now owns 15,919 shares of the software company’s stock valued at $1,910,000 after acquiring an additional 6,426 shares during the last quarter. CI Investments Inc. increased its holdings in shares of Tableau Software by 14.1% during the 4th quarter. CI Investments Inc. now owns 342,353 shares of the software company’s stock valued at $41,082,000 after acquiring an additional 42,200 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Tableau Software by 337.5% during the 4th quarter. Millennium Management LLC now owns 575,863 shares of the software company’s stock valued at $69,104,000 after acquiring an additional 444,229 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Tableau Software by 15.4% during the 4th quarter. Legal & General Group Plc now owns 41,029 shares of the software company’s stock valued at $4,924,000 after acquiring an additional 5,488 shares during the last quarter. 83.52% of the stock is currently owned by institutional investors.

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About Tableau Software

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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