Tableau Software Inc (DATA) EVP Sells $750,167.56 in Stock

Tableau Software Inc (NYSE:DATA) EVP Mark Thomas Nelson sold 6,091 shares of the firm’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $123.16, for a total value of $750,167.56. Following the completion of the sale, the executive vice president now owns 76,011 shares of the company’s stock, valued at $9,361,514.76. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

DATA stock opened at $119.03 on Tuesday. The stock has a market cap of $10.50 billion, a price-to-earnings ratio of -37.31 and a beta of 1.19. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.62 and a quick ratio of 2.62. Tableau Software Inc has a 52-week low of $92.01 and a 52-week high of $136.92.

Tableau Software (NYSE:DATA) last released its quarterly earnings results on Thursday, May 2nd. The software company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.58) by $0.60. The business had revenue of $282.50 million during the quarter, compared to the consensus estimate of $287.24 million. Tableau Software had a negative return on equity of 25.93% and a negative net margin of 27.58%. The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.07 EPS. On average, analysts forecast that Tableau Software Inc will post -0.81 EPS for the current year.

Several brokerages have recently commented on DATA. Wedbush restated an “outperform” rating and issued a $145.00 target price on shares of Tableau Software in a research note on Friday, May 3rd. ValuEngine downgraded Tableau Software from a “strong-buy” rating to a “buy” rating in a research note on Monday, April 1st. Needham & Company LLC restated a “buy” rating and issued a $156.00 target price on shares of Tableau Software in a research note on Friday, May 3rd. Bank of America restated a “buy” rating and issued a $160.00 target price (up from $152.00) on shares of Tableau Software in a research note on Friday, May 3rd. Finally, BTIG Research raised their target price on Tableau Software to $150.00 and gave the company a “buy” rating in a research note on Wednesday, February 6th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Tableau Software presently has a consensus rating of “Buy” and an average price target of $135.43.

A number of hedge funds have recently added to or reduced their stakes in DATA. Morgan Stanley lifted its position in shares of Tableau Software by 7.9% during the 3rd quarter. Morgan Stanley now owns 84,584 shares of the software company’s stock worth $9,451,000 after buying an additional 6,209 shares in the last quarter. Vanguard Group Inc lifted its position in shares of Tableau Software by 5.1% during the 3rd quarter. Vanguard Group Inc now owns 6,118,849 shares of the software company’s stock worth $683,720,000 after buying an additional 299,635 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in shares of Tableau Software by 2.9% in the 4th quarter. State of Alaska Department of Revenue now owns 8,807 shares of the software company’s stock worth $1,056,000 after purchasing an additional 248 shares during the period. Boston Advisors LLC raised its holdings in shares of Tableau Software by 26.1% in the 4th quarter. Boston Advisors LLC now owns 3,377 shares of the software company’s stock worth $405,000 after purchasing an additional 700 shares during the period. Finally, Meeder Asset Management Inc. bought a new stake in shares of Tableau Software in the 4th quarter worth approximately $590,000. Institutional investors and hedge funds own 86.89% of the company’s stock.

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Tableau Software Company Profile

Tableau Software, Inc, together with its subsidiaries, provides business analytics software products. It offers Tableau Desktop, a self-service, powerful analytics product with data; Tableau Server, a business intelligence platform for organizations; Tableau Online, a hosted software-as-a-service version of Tableau Server; Tableau Prep, a data preparation product for combining, shaping, and cleaning data; and Tableau Public, a cloud-based platform for analyzing and sharing public data.

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

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