Tableau Software, Inc. (DATA) CFO Sells $178,925.00 in Stock
Tableau Software, Inc. (NYSE:DATA) CFO Thomas E. Walker, Jr. sold 2,500 shares of Tableau Software stock in a transaction on Monday, August 28th. The stock was sold at an average price of $71.57, for a total value of $178,925.00. Following the completion of the transaction, the chief financial officer now owns 137,478 shares in the company, valued at $9,839,300.46. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Tableau Software, Inc. (NYSE:DATA) opened at 72.66 on Friday. Tableau Software, Inc. has a 52-week low of $41.41 and a 52-week high of $73.37. The company’s 50 day moving average price is $68.27 and its 200 day moving average price is $59.50. The firm’s market cap is $5.75 billion.
Tableau Software (NYSE:DATA) last announced its quarterly earnings data on Wednesday, August 2nd. The software company reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.15. The company had revenue of $212.90 million during the quarter, compared to analysts’ expectations of $210.72 million. Tableau Software had a negative return on equity of 18.71% and a negative net margin of 17.08%. The company’s revenue was up 7.3% compared to the same quarter last year. Analysts predict that Tableau Software, Inc. will post $0.22 earnings per share for the current fiscal year.
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Several institutional investors have recently made changes to their positions in DATA. Winfield Associates Inc. increased its stake in shares of Tableau Software by 0.7% in the first quarter. Winfield Associates Inc. now owns 2,280 shares of the software company’s stock valued at $113,000 after buying an additional 15 shares during the period. ETF Managers Group LLC purchased a new stake in shares of Tableau Software during the second quarter valued at about $119,000. Westpac Banking Corp purchased a new stake in shares of Tableau Software during the first quarter valued at about $126,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Tableau Software by 12.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,105 shares of the software company’s stock valued at $129,000 after buying an additional 231 shares during the period. Finally, BNP Paribas Arbitrage SA increased its stake in shares of Tableau Software by 164.4% in the second quarter. BNP Paribas Arbitrage SA now owns 2,266 shares of the software company’s stock valued at $139,000 after buying an additional 1,409 shares during the period. Institutional investors own 78.00% of the company’s stock.
DATA has been the topic of a number of recent research reports. BidaskClub cut Tableau Software from a “strong-buy” rating to a “buy” rating in a report on Friday, June 30th. Goldman Sachs Group, Inc. (The) upgraded Tableau Software from a “neutral” rating to a “buy” rating and lifted their price target for the company from $59.00 to $78.00 in a report on Tuesday, June 13th. BTIG Research reiterated a “buy” rating and set a $65.00 price target on shares of Tableau Software in a report on Monday, May 15th. UBS AG reiterated a “buy” rating and set a $68.00 price target (up previously from $60.00) on shares of Tableau Software in a report on Thursday, May 25th. Finally, Bank of America Corporation lifted their price target on Tableau Software from $72.00 to $76.00 and gave the company a “buy” rating in a report on Tuesday, May 30th. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Tableau Software presently has a consensus rating of “Hold” and a consensus price target of $64.29.
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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