John Mcadam Sells 15,000 Shares of Tableau Software Inc (DATA) Stock

Tableau Software Inc (NYSE:DATA) Director John Mcadam sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, February 8th. The shares were sold at an average price of $120.98, for a total value of $1,814,700.00. Following the sale, the director now owns 31,835 shares of the company’s stock, valued at approximately $3,851,398.30. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of NYSE DATA opened at $126.17 on Thursday. The company has a market capitalization of $10.52 billion, a P/E ratio of -39.55 and a beta of 1.32. Tableau Software Inc has a 12-month low of $77.32 and a 12-month high of $133.74.

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

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Advisors Asset Management Inc. bought a new stake in shares of Tableau Software in the 4th quarter worth approximately $39,000. Neuburgh Advisers LLC bought a new stake in shares of Tableau Software in the 4th quarter worth approximately $46,000. Rehmann Capital Advisory Group lifted its holdings in shares of Tableau Software by 58.2% in the 4th quarter. Rehmann Capital Advisory Group now owns 571 shares of the software company’s stock worth $69,000 after purchasing an additional 210 shares during the last quarter. Tradewinds Capital Management LLC lifted its holdings in shares of Tableau Software by 47.1% in the 4th quarter. Tradewinds Capital Management LLC now owns 581 shares of the software company’s stock worth $70,000 after purchasing an additional 186 shares during the last quarter. Finally, NumerixS Investment Technologies Inc lifted its holdings in shares of Tableau Software by 118.3% in the 4th quarter. NumerixS Investment Technologies Inc now owns 1,310 shares of the software company’s stock worth $155,000 after purchasing an additional 710 shares during the last quarter. 84.72% of the stock is currently owned by institutional investors and hedge funds.

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Tableau Software Company Profile

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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