Tableau Software Inc Class A (DATA) EVP Sells $505,000.00 in Stock

Tableau Software Inc Class A (NYSE:DATA) EVP Keenan Michael Conder sold 5,000 shares of Tableau Software Inc Class A stock in a transaction dated Thursday, August 9th. The stock was sold at an average price of $101.00, for a total value of $505,000.00. Following the sale, the executive vice president now owns 98,244 shares of the company’s stock, valued at approximately $9,922,644. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Keenan Michael Conder also recently made the following trade(s):

  • On Tuesday, June 5th, Keenan Michael Conder sold 5,000 shares of Tableau Software Inc Class A stock. The shares were sold at an average price of $100.00, for a total value of $500,000.00.
  • On Thursday, May 17th, Keenan Michael Conder sold 3,794 shares of Tableau Software Inc Class A stock. The shares were sold at an average price of $92.68, for a total value of $351,627.92.

Tableau Software Inc Class A stock opened at $103.70 on Monday. The company has a market cap of $8.60 billion, a P/E ratio of -44.32 and a beta of 0.92. Tableau Software Inc Class A has a one year low of $67.39 and a one year high of $112.42.

Tableau Software Inc Class A (NYSE:DATA) last released its quarterly earnings results on Thursday, August 2nd. The software company reported ($0.71) EPS for the quarter, missing the consensus estimate of ($0.66) by ($0.05). The company had revenue of $243.60 million for the quarter, compared to analyst estimates of $237.23 million. Tableau Software Inc Class A had a negative return on equity of 24.51% and a negative net margin of 20.38%. The business’s revenue was up 14.4% on a year-over-year basis. During the same period last year, the firm posted $0.10 earnings per share. analysts predict that Tableau Software Inc Class A will post -2.71 earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in DATA. FMR LLC lifted its position in Tableau Software Inc Class A by 4,138.8% during the 2nd quarter. FMR LLC now owns 2,323,496 shares of the software company’s stock worth $227,122,000 after acquiring an additional 2,268,681 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Tableau Software Inc Class A in the 1st quarter valued at approximately $37,349,000. Los Angeles Capital Management & Equity Research Inc. acquired a new position in shares of Tableau Software Inc Class A in the 2nd quarter valued at approximately $40,802,000. Carillon Tower Advisers Inc. raised its position in shares of Tableau Software Inc Class A by 61.7% in the 2nd quarter. Carillon Tower Advisers Inc. now owns 959,019 shares of the software company’s stock valued at $93,743,000 after purchasing an additional 366,103 shares in the last quarter. Finally, BlackRock Inc. raised its position in shares of Tableau Software Inc Class A by 10.8% in the 2nd quarter. BlackRock Inc. now owns 3,572,065 shares of the software company’s stock valued at $349,168,000 after purchasing an additional 348,593 shares in the last quarter. 80.79% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have commented on DATA shares. Barclays restated a “buy” rating and issued a $102.00 price target on shares of Tableau Software Inc Class A in a report on Sunday, April 22nd. BMO Capital Markets lifted their price target on Tableau Software Inc Class A from $92.00 to $102.00 and gave the company an “outperform” rating in a report on Thursday, May 3rd. Needham & Company LLC restated a “buy” rating and issued a $125.00 price target (up previously from $113.00) on shares of Tableau Software Inc Class A in a report on Thursday, May 3rd. UBS Group lifted their price target on Tableau Software Inc Class A from $95.00 to $114.00 and gave the company a “neutral” rating in a report on Thursday, August 2nd. Finally, Stifel Nicolaus lifted their price target on Tableau Software Inc Class A from $115.00 to $120.00 and gave the company a “buy” rating in a report on Monday, July 16th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $108.48.

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.

Further Reading: Short Selling

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

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