Tableau Software, Inc. (DATA) CFO Thomas E. Walker, Jr. Sells 2,500 Shares
Tableau Software, Inc. (NYSE:DATA) CFO Thomas E. Walker, Jr. sold 2,500 shares of the firm’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $68.50, for a total transaction of $171,250.00. Following the sale, the chief financial officer now owns 140,900 shares in the company, valued at approximately $9,651,650. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Tableau Software, Inc. (DATA) traded up 1.03% on Friday, hitting $68.67. 712,433 shares of the company were exchanged. Tableau Software, Inc. has a 52-week low of $41.41 and a 52-week high of $71.53. The firm’s market cap is $5.39 billion. The company has a 50-day moving average price of $64.89 and a 200 day moving average price of $57.14.
Tableau Software (NYSE:DATA) last posted its earnings results on Wednesday, August 2nd. The software company reported $0.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.15. The firm had revenue of $212.90 million during the quarter, compared to the consensus estimate of $210.72 million. Tableau Software had a negative net margin of 17.08% and a negative return on equity of 18.67%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Analysts predict that Tableau Software, Inc. will post $0.21 EPS for the current fiscal year.
A number of hedge funds have recently bought and sold shares of DATA. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Tableau Software by 12.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,105 shares of the software company’s stock worth $129,000 after buying an additional 231 shares during the period. 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. 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. Westpac Banking Corp purchased a new stake in shares of Tableau Software during the first quarter valued at about $126,000. Finally, FNY Partners Fund LP increased its stake in shares of Tableau Software by 14,900.0% in the first quarter. FNY Partners Fund LP now owns 3,000 shares of the software company’s stock valued at $148,000 after buying an additional 2,980 shares during the period. 76.38% of the stock is owned by hedge funds and other institutional investors.
DATA has been the topic of several recent analyst reports. Zacks Investment Research raised shares of Tableau Software from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a report on Friday, August 4th. ValuEngine raised shares of Tableau Software from a “sell” rating to a “hold” rating in a report on Friday, August 4th. TheStreet raised shares of Tableau Software from a “d+” rating to a “c-” rating in a report on Thursday, August 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $70.00 price objective (up from $65.00) on shares of Tableau Software in a report on Wednesday. Finally, Barclays PLC reaffirmed an “overweight” rating and set a $76.00 price objective (up from $72.00) on shares of Tableau Software in a report on Wednesday. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $64.52.
Tableau Software Company Profile
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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