Tableau Software Inc (NYSE:DATA) CFO Damon A. Fletcher sold 9,278 shares of Tableau Software stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $127.15, for a total transaction of $1,179,697.70. Following the sale, the chief financial officer now owns 59,437 shares of the company’s stock, valued at $7,557,414.55. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Shares of DATA traded up $0.07 during trading hours on Wednesday, hitting $127.04. The stock had a trading volume of 1,715,958 shares, compared to its average volume of 1,406,005. Tableau Software Inc has a fifty-two week low of $77.32 and a fifty-two week high of $133.74. The stock has a market cap of $10.63 billion, a P/E ratio of -39.82 and a beta of 1.32.
Tableau Software (NYSE:DATA) last posted its earnings results on Tuesday, February 5th. The software company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.05. Tableau Software had a negative net margin of 24.35% and a negative return on equity of 26.78%. The firm had revenue of $275.70 million during the quarter, compared to analysts’ expectations of $271.62 million. During the same period in the previous year, the business posted $0.12 EPS. The business’s revenue was up 10.5% compared to the same quarter last year. Analysts forecast that Tableau Software Inc will post -0.76 earnings per share for the current fiscal year.
DATA has been the subject of several research reports. Morgan Stanley set a $117.00 price objective on shares of Tableau Software and gave the company a “hold” rating in a research note on Wednesday, October 24th. Royal Bank of Canada lifted their price objective on shares of Tableau Software to $120.00 and gave the company a “market perform” rating in a research note on Wednesday, November 7th. Barclays lifted their price objective on shares of Tableau Software to $137.00 and gave the company an “overweight” rating in a research note on Thursday, January 17th. Wedbush lifted their price objective on shares of Tableau Software from $128.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, November 7th. Finally, Bank of America restated a “buy” rating and set a $145.00 price objective on shares of Tableau Software in a research note on Wednesday, February 6th. 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 assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $131.50.
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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.
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