Insider Selling: Tableau Software Inc (DATA) EVP Sells $553,550.00 in Stock
Tableau Software Inc (NYSE:DATA) EVP Keenan Michael Conder sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, November 13th. The shares were sold at an average price of $110.71, for a total value of $553,550.00. Following the sale, the executive vice president now owns 89,449 shares in the company, valued at approximately $9,902,898.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Keenan Michael Conder also recently made the following trade(s):
- On Friday, August 17th, Keenan Michael Conder sold 3,795 shares of Tableau Software stock. The shares were sold at an average price of $101.37, for a total value of $384,699.15.
Tableau Software stock opened at $117.75 on Friday. The company has a market cap of $9.33 billion, a price-to-earnings ratio of -50.32 and a beta of 1.34. Tableau Software Inc has a fifty-two week low of $68.37 and a fifty-two week high of $125.50.
Hedge funds have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC purchased a new position in shares of Tableau Software during the second quarter valued at approximately $126,000. Penserra Capital Management LLC purchased a new position in shares of Tableau Software during the third quarter valued at approximately $156,000. Harvest Fund Management Co. Ltd lifted its holdings in shares of Tableau Software by 158.7% during the third quarter. Harvest Fund Management Co. Ltd now owns 1,816 shares of the software company’s stock valued at $203,000 after purchasing an additional 1,114 shares during the last quarter. Pennsylvania Trust Co purchased a new position in shares of Tableau Software during the third quarter valued at approximately $210,000. Finally, Meridian Investment Counsel Inc. purchased a new position in shares of Tableau Software during the third quarter valued at approximately $216,000. Hedge funds and other institutional investors own 82.28% of the company’s stock.
A number of equities research analysts have weighed in on the company. Deutsche Bank upgraded Tableau Software from a “hold” rating to a “buy” rating and raised their price target for the company from $105.00 to $120.00 in a research report on Wednesday, August 1st. UBS Group restated a “buy” rating and set a $130.00 price target (up previously from $114.00) on shares of Tableau Software in a research report on Friday, August 3rd. Bank of America lifted their price objective on Tableau Software from $130.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, November 7th. Citigroup reiterated a “buy” rating on shares of Tableau Software in a report on Tuesday, July 31st. Finally, Morgan Stanley lifted their price objective on Tableau Software from $90.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, July 23rd. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $116.27.
ILLEGAL ACTIVITY NOTICE: “Insider Selling: Tableau Software Inc (DATA) EVP Sells $553,550.00 in Stock” was originally reported by Daily Political and is the property of of Daily Political. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.dailypolitical.com/2018/11/16/insider-selling-tableau-software-inc-data-evp-sells-553550-00-in-stock.html.
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.
Further Reading: Should you buy a closed-end mutual fund?
Receive News & Ratings for Tableau Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tableau Software and related companies with MarketBeat.com's FREE daily email newsletter.