Tableau Software Inc (NYSE:DATA) insider Chris Stolte sold 95,000 shares of the stock in a transaction on Friday, February 8th. The shares were sold at an average price of $120.13, for a total value of $11,412,350.00. Following the sale, the insider now directly owns 98,536 shares in the company, valued at $11,837,129.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, February 11th, Chris Stolte sold 190,000 shares of Tableau Software stock. The shares were sold at an average price of $121.47, for a total value of $23,079,300.00.
  • On Monday, November 26th, Chris Stolte sold 95,000 shares of Tableau Software stock. The shares were sold at an average price of $110.96, for a total value of $10,541,200.00.

Shares of NYSE:DATA opened at $126.17 on Thursday. The stock has a market capitalization of $10.52 billion, a price-to-earnings ratio of -39.55 and a beta of 1.32. Tableau Software Inc has a 52-week low of $77.32 and a 52-week high of $133.74.

Tableau Software (NYSE:DATA) last posted its quarterly earnings data on Tuesday, February 5th. The software company reported ($0.03) earnings per share for the quarter, beating the Zacks’ 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 firm had revenue of $275.70 million for the quarter, compared to analysts’ expectations of $271.62 million. During the same period in the previous year, the firm earned $0.12 EPS. The business’s quarterly revenue was up 10.5% on a year-over-year basis. As a group, equities analysts anticipate that Tableau Software Inc will post -0.76 EPS for the current fiscal year.

Several hedge funds have recently bought and sold shares of DATA. FMR LLC lifted its position in shares of Tableau Software by 4,138.8% during the 2nd quarter. FMR LLC now owns 2,323,496 shares of the software company’s stock valued at $227,122,000 after buying an additional 2,268,681 shares in the last quarter. Northern Trust Corp lifted its position in shares of Tableau Software by 5.5% during the 2nd quarter. Northern Trust Corp now owns 331,665 shares of the software company’s stock valued at $32,421,000 after buying an additional 17,174 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD lifted its position in shares of Tableau Software by 84.1% during the 3rd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 46,956 shares of the software company’s stock valued at $5,246,000 after buying an additional 21,451 shares in the last quarter. Oakbrook Investments LLC purchased a new position in shares of Tableau Software during the 3rd quarter valued at about $478,000. Finally, EastBay Asset Management LLC purchased a new position in shares of Tableau Software during the 3rd quarter valued at about $19,504,000. 84.72% of the stock is currently owned by hedge funds and other institutional investors.

DATA has been the topic of several recent analyst reports. Morgan Stanley set a $117.00 price objective on Tableau Software and gave the company a “hold” rating in a research report on Wednesday, October 24th. Citigroup set a $148.00 price objective on Tableau Software and gave the company a “buy” rating in a research report on Wednesday, November 7th. Maxim Group increased their price objective on Tableau Software from $107.00 to $127.00 and gave the company a “hold” rating in a research report on Wednesday, November 7th. Bank of America raised their target price on Tableau Software from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, November 7th. Finally, JPMorgan Chase & Co. raised their target price on Tableau Software to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 7th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $131.50.

COPYRIGHT VIOLATION NOTICE: “Chris Stolte Sells 95,000 Shares of Tableau Software Inc (DATA) Stock” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another site, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this news story can be viewed at https://www.watchlistnews.com/chris-stolte-sells-95000-shares-of-tableau-software-inc-data-stock/2819154.html.

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.

Featured Story: Correction

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

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.