Chris Stolte Sells 190,000 Shares of Tableau Software Inc (DATA) Stock

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Tableau Software Inc (NYSE:DATA) insider Chris Stolte sold 190,000 shares of the stock in a transaction on Monday, February 11th. The shares were sold at an average price of $121.47, for a total transaction of $23,079,300.00. Following the completion of the sale, the insider now owns 98,536 shares of the company’s stock, valued at approximately $11,969,167.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Chris Stolte also recently made the following trade(s):

  • On Friday, February 8th, Chris Stolte sold 95,000 shares of Tableau Software stock. The shares were sold at an average price of $120.13, for a total transaction of $11,412,350.00.
  • On Monday, November 26th, Chris Stolte sold 95,000 shares of Tableau Software stock. The shares were sold at an average price of $110.96, for a total transaction of $10,541,200.00.

NYSE:DATA opened at $126.17 on Thursday. Tableau Software Inc has a 52 week low of $77.32 and a 52 week high of $133.74. The stock has a market cap of $10.52 billion, a P/E ratio of -39.55 and a beta of 1.32.

Tableau Software (NYSE:DATA) last released its quarterly earnings results on Tuesday, February 5th. The software company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $275.70 million for the quarter, compared to analyst estimates of $271.62 million. During the same period last year, the firm earned $0.12 earnings per share. Tableau Software’s revenue for the quarter was up 10.5% compared to the same quarter last year. On average, analysts anticipate that Tableau Software Inc will post -0.76 EPS for the current year.

Large investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. bought a new position in Tableau Software during the fourth quarter worth about $39,000. Neuburgh Advisers LLC bought a new position in Tableau Software during the fourth quarter worth about $46,000. Rehmann Capital Advisory Group increased its position in Tableau Software by 58.2% during the fourth quarter. Rehmann Capital Advisory Group now owns 571 shares of the software company’s stock worth $69,000 after acquiring an additional 210 shares during the period. Tradewinds Capital Management LLC increased its position in Tableau Software by 47.1% during the fourth quarter. Tradewinds Capital Management LLC now owns 581 shares of the software company’s stock worth $70,000 after acquiring an additional 186 shares during the period. Finally, NumerixS Investment Technologies Inc increased its position in Tableau Software by 118.3% during the fourth quarter. NumerixS Investment Technologies Inc now owns 1,310 shares of the software company’s stock worth $155,000 after acquiring an additional 710 shares during the period. 84.72% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have recently weighed in on DATA. BTIG Research increased their price objective on shares of Tableau Software to $150.00 and gave the company a “buy” rating in a research report on Wednesday, February 6th. Bank of America reissued a “buy” rating and issued a $145.00 price objective on shares of Tableau Software in a research report on Wednesday, February 6th. Zacks Investment Research lowered shares of Tableau Software from a “buy” rating to a “hold” rating in a research report on Tuesday, January 8th. Maxim Group increased their price objective on shares of Tableau Software from $107.00 to $127.00 and gave the company a “hold” rating in a research report on Wednesday, November 7th. Finally, Deutsche Bank increased their price objective on shares of Tableau Software to $140.00 and gave the company a “buy” rating in a research report on Wednesday, February 6th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target 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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Insider Buying and Selling by Quarter for Tableau Software (NYSE:DATA)

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