Tableau Software Inc (DATA) Director Sells $330,800.00 in Stock

Tableau Software Inc (NYSE:DATA) Director Elliott H. Jurgensen, Jr. sold 4,000 shares of the stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $82.70, for a total transaction of $330,800.00. Following the sale, the director now directly owns 6,781 shares in the company, valued at $560,788.70. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Tableau Software Inc (NYSE:DATA) opened at $82.66 on Wednesday. Tableau Software Inc has a one year low of $47.30 and a one year high of $87.00.

Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Thursday, February 1st. The software company reported $0.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.09. Tableau Software had a negative net margin of 21.16% and a negative return on equity of 23.76%. The firm had revenue of $249.40 million for the quarter, compared to analysts’ expectations of $240.63 million. During the same quarter in the prior year, the business earned $0.26 EPS. The business’s quarterly revenue was down .5% on a year-over-year basis. analysts anticipate that Tableau Software Inc will post -1.95 earnings per share for the current fiscal year.

Several large investors have recently modified their holdings of DATA. Steward Partners Investment Advisory LLC lifted its stake in shares of Tableau Software by 871.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,486 shares of the software company’s stock worth $102,000 after purchasing an additional 1,333 shares during the period. American International Group Inc. bought a new position in shares of Tableau Software in the 4th quarter worth approximately $105,000. Invictus RG bought a new position in shares of Tableau Software in the 3rd quarter worth approximately $123,000. The Manufacturers Life Insurance Company lifted its stake in shares of Tableau Software by 7.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock worth $140,000 after purchasing an additional 167 shares during the period. Finally, Boston Advisors LLC bought a new position in shares of Tableau Software in the 3rd quarter worth approximately $201,000. Hedge funds and other institutional investors own 82.24% of the company’s stock.

Several brokerages recently commented on DATA. Mizuho reissued a “neutral” rating and set a $85.00 price objective (up from $68.00) on shares of Tableau Software in a research report on Thursday, February 1st. UBS Group reissued a “buy” rating and set a $101.00 price objective (up from $74.00) on shares of Tableau Software in a research report on Thursday, November 9th. Bank of America increased their price objective on shares of Tableau Software from $90.00 to $108.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Wells Fargo & Co increased their price objective on shares of Tableau Software to $90.00 and gave the company a “market perform” rating in a research report on Friday, February 2nd. Finally, Barclays increased their price objective on shares of Tableau Software from $82.00 to $98.00 and gave the company an “overweight” rating in a research report on Friday, February 2nd. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $81.26.

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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.

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

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