Tableau Software Inc Class A (DATA) Sets New 12-Month High and Low at $103.33

Tableau Software Inc Class A (NYSE:DATA) shares hit a new 52-week high and low during trading on Thursday . The stock traded as low as $103.33 and last traded at $102.47, with a volume of 19670 shares trading hands. The stock had previously closed at $101.92.

Several brokerages have commented on DATA. Monness Crespi & Hardt began coverage on shares of Tableau Software Inc Class A in a research report on Wednesday, April 11th. They set a “neutral” rating for the company. Royal Bank of Canada boosted their target price on shares of Tableau Software Inc Class A to $95.00 and gave the stock a “market perform” rating in a research note on Thursday, May 3rd. Barclays boosted their target price on shares of Tableau Software Inc Class A from $102.00 to $104.00 and gave the stock an “overweight” rating in a research note on Thursday, May 3rd. UBS Group reaffirmed a “buy” rating and set a $114.00 target price on shares of Tableau Software Inc Class A in a research note on Tuesday, May 22nd. Finally, Jefferies Financial Group boosted their target price on shares of Tableau Software Inc Class A to $87.00 and gave the stock a “hold” rating in a research note on Thursday, May 3rd. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $95.23.

The company has a market capitalization of $8.14 billion, a price-to-earnings ratio of -43.61 and a beta of 0.82.

Tableau Software Inc Class A (NYSE:DATA) last issued its quarterly earnings data on Wednesday, May 2nd. The software company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.01). Tableau Software Inc Class A had a negative return on equity of 23.86% and a negative net margin of 19.21%. The business had revenue of $224.00 million during the quarter, compared to the consensus estimate of $217.92 million. During the same period in the prior year, the firm earned $0.03 EPS. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. equities research analysts expect that Tableau Software Inc Class A will post -2.4 EPS for the current year.

In related news, CFO Damon A. Fletcher sold 414 shares of the business’s stock in a transaction on Wednesday, May 16th. The shares were sold at an average price of $93.74, for a total value of $38,808.36. Following the transaction, the chief financial officer now owns 45,421 shares in the company, valued at $4,257,764.54. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Elliott H. Jurgensen, Jr. sold 1,005 shares of the business’s stock in a transaction on Friday, May 25th. The shares were sold at an average price of $99.05, for a total transaction of $99,545.25. Following the completion of the transaction, the director now owns 3,370 shares in the company, valued at approximately $333,798.50. The disclosure for this sale can be found here. In the last three months, insiders sold 988,061 shares of company stock worth $91,526,607. 19.22% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in DATA. American International Group Inc. acquired a new position in Tableau Software Inc Class A in the fourth quarter valued at $105,000. Diversified Trust Co acquired a new position in Tableau Software Inc Class A in the first quarter valued at $204,000. LPL Financial LLC acquired a new position in Tableau Software Inc Class A in the first quarter valued at $206,000. Mitsubishi UFJ Securities Holdings Co. Ltd. acquired a new position in Tableau Software Inc Class A in the first quarter valued at $209,000. Finally, CIBC Asset Management Inc acquired a new position in Tableau Software Inc Class A in the first quarter valued at $210,000. Institutional investors and hedge funds own 80.39% of the company’s stock.

About Tableau Software Inc Class A

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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