Tableau Software Inc (DATA) Chairman Christian Chabot Sells 450,000 Shares

Tableau Software Inc (NYSE:DATA) Chairman Christian Chabot sold 450,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $78.23, for a total value of $35,203,500.00. Following the transaction, the chairman now directly owns 453,536 shares of the company’s stock, valued at $35,480,121.28. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Christian Chabot also recently made the following trade(s):

  • On Thursday, November 16th, Christian Chabot sold 84 shares of Tableau Software stock. The stock was sold at an average price of $71.06, for a total value of $5,969.04.

Tableau Software Inc (NYSE DATA) traded up $1.20 during midday trading on Friday, hitting $77.35. The stock had a trading volume of 130,515 shares, compared to its average volume of 1,091,992. The stock has a market cap of $6,070.00, a PE ratio of -32.27 and a beta of 0.88. Tableau Software Inc has a fifty-two week low of $47.30 and a fifty-two week high of $87.00.

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

DATA has been the subject of several research reports. Mizuho reiterated a “neutral” rating and set a $85.00 price target (up from $68.00) on shares of Tableau Software in a research report on Thursday, February 1st. Zacks Investment Research cut Tableau Software from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Maxim Group reiterated a “sell” rating and set a $40.00 price target on shares of Tableau Software in a research report on Friday, November 3rd. Wells Fargo & Co boosted their price target on Tableau Software to $90.00 and gave the stock a “market perform” rating in a research report on Friday, February 2nd. Finally, BMO Capital Markets reiterated a “hold” rating and set a $92.00 price target on shares of Tableau Software in a research report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $81.00.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Tableau Software by 10.6% during the 2nd quarter. Vanguard Group Inc. now owns 4,692,183 shares of the software company’s stock worth $287,489,000 after acquiring an additional 450,910 shares in the last quarter. Artisan Partners Limited Partnership raised its position in Tableau Software by 168.2% in the 3rd quarter. Artisan Partners Limited Partnership now owns 3,744,414 shares of the software company’s stock valued at $280,419,000 after purchasing an additional 2,348,049 shares in the last quarter. BlackRock Inc. raised its position in Tableau Software by 9.0% in the 2nd quarter. BlackRock Inc. now owns 2,672,716 shares of the software company’s stock valued at $163,756,000 after purchasing an additional 220,387 shares in the last quarter. Kensico Capital Management Corp raised its position in Tableau Software by 38.8% in the 3rd quarter. Kensico Capital Management Corp now owns 1,443,828 shares of the software company’s stock valued at $108,128,000 after purchasing an additional 403,828 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Tableau Software by 34.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,431,304 shares of the software company’s stock valued at $106,731,000 after purchasing an additional 365,373 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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

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