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.

Tableau Software (NYSE:DATA) last posted its quarterly earnings data on Tuesday, November 6th. The software company reported ($0.82) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.67) by ($0.15). The firm had revenue of $239.60 million for the quarter, compared to the consensus estimate of $242.19 million. Tableau Software had a negative net margin of 22.39% and a negative return on equity of 25.49%. The business’s revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.08 earnings per share. On average, equities research analysts anticipate that Tableau Software Inc will post -2.88 earnings per share for the current year.

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.

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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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