Tableau Software Inc (NYSE:DATA) insider Elissa Fink sold 2,842 shares of the company’s stock in a transaction dated Friday, November 16th. The stock was sold at an average price of $117.33, for a total value of $333,451.86. Following the sale, the insider now owns 75,683 shares of the company’s stock, valued at approximately $8,879,886.39. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Elissa Fink also recently made the following trade(s):

  • On Tuesday, November 13th, Elissa Fink sold 2,500 shares of Tableau Software stock. The stock was sold at an average price of $110.71, for a total value of $276,775.00.
  • On Friday, November 9th, Elissa Fink sold 2,500 shares of Tableau Software stock. The stock was sold at an average price of $118.08, for a total value of $295,200.00.

Shares of NYSE DATA traded up $0.76 during trading hours on Tuesday, hitting $104.88. 1,133,717 shares of the company’s stock were exchanged, compared to its average volume of 885,428. Tableau Software Inc has a 1-year low of $68.37 and a 1-year high of $125.50. The stock has a market capitalization of $9.70 billion, a PE ratio of -44.82 and a beta of 1.34.

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 consensus estimate of ($0.67) by ($0.15). The business had revenue of $239.60 million for the quarter, compared to analyst estimates of $242.19 million. Tableau Software had a negative return on equity of 25.49% and a negative net margin of 22.39%. Tableau Software’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.08 EPS. As a group, sell-side analysts predict that Tableau Software Inc will post -2.88 earnings per share for the current fiscal year.

Several analysts have recently issued reports on DATA shares. Goldman Sachs Group reiterated a “buy” rating and set a $130.00 price target (up previously from $110.00) on shares of Tableau Software in a research note on Monday, July 23rd. Morgan Stanley upped their price target on Tableau Software from $90.00 to $119.00 and gave the stock a “hold” rating in a research note on Monday, July 23rd. Wedbush upped their price target on Tableau Software from $104.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, July 27th. Citigroup reissued a “buy” rating on shares of Tableau Software in a research report on Tuesday, July 31st. Finally, Deutsche Bank raised Tableau Software from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $105.00 to $120.00 in a research report on Wednesday, August 1st. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Tableau Software presently has a consensus rating of “Buy” and a consensus target price of $118.19.

A number of institutional investors have recently bought and sold shares of DATA. LPL Financial LLC acquired a new position in Tableau Software in the 1st quarter valued at approximately $206,000. Royal Bank of Canada raised its holdings in Tableau Software by 537.8% in the 1st quarter. Royal Bank of Canada now owns 30,282 shares of the software company’s stock valued at $2,449,000 after acquiring an additional 25,534 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in Tableau Software by 39.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 8,230 shares of the software company’s stock valued at $804,000 after acquiring an additional 2,340 shares in the last quarter. World Asset Management Inc acquired a new position in Tableau Software in the 2nd quarter valued at approximately $235,000. Finally, Amalgamated Bank raised its holdings in Tableau Software by 15.5% in the 2nd quarter. Amalgamated Bank now owns 15,820 shares of the software company’s stock valued at $1,546,000 after acquiring an additional 2,127 shares in the last quarter. 82.82% of the stock is owned by hedge funds and other institutional investors.

WARNING: “Insider Selling: Tableau Software Inc (DATA) Insider Sells 2,842 Shares of Stock” was posted by Daily Political and is the property of of Daily Political. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at https://www.dailypolitical.com/2018/11/20/insider-selling-tableau-software-inc-data-insider-sells-2842-shares-of-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.

See Also: Understanding debt-to-equity ratio in fundamental analysis

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

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.