Christian Chabot Sells 175,500 Shares of Tableau Software, Inc. (NYSE:DATA) Stock

Tableau Software, Inc. (NYSE:DATA) Chairman Christian Chabot sold 175,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $70.15, for a total value of $12,311,325.00. Following the completion of the transaction, the chairman now directly owns 197,203 shares in the company, valued at approximately $13,833,790.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Christian Chabot also recently made the following trade(s):

  • On Wednesday, August 16th, Christian Chabot sold 83 shares of Tableau Software stock. The shares were sold at an average price of $70.88, for a total value of $5,883.04.
  • On Wednesday, August 9th, Christian Chabot sold 81,000 shares of Tableau Software stock. The shares were sold at an average price of $69.92, for a total value of $5,663,520.00.
  • On Monday, August 7th, Christian Chabot sold 193,500 shares of Tableau Software stock. The shares were sold at an average price of $70.72, for a total value of $13,684,320.00.

Tableau Software, Inc. (NYSE:DATA) traded up 0.61% during trading on Friday, reaching $69.74. The company had a trading volume of 485,739 shares. Tableau Software, Inc. has a 52-week low of $41.41 and a 52-week high of $71.53. The stock’s market cap is $5.52 billion. The company has a 50-day moving average price of $65.76 and a 200 day moving average price of $58.11.

Tableau Software (NYSE:DATA) last released its quarterly earnings data on Wednesday, August 2nd. The software company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.15. The firm had revenue of $212.90 million during the quarter, compared to analysts’ expectations of $210.72 million. Tableau Software had a negative return on equity of 18.71% and a negative net margin of 17.08%. The business’s revenue was up 7.3% on a year-over-year basis. On average, analysts anticipate that Tableau Software, Inc. will post $0.22 earnings per share for the current year.

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DATA has been the topic of a number of recent research reports. Sanford C. Bernstein initiated coverage on Tableau Software in a report on Wednesday, May 24th. They issued an “outperform” rating and a $79.00 target price on the stock. BTIG Research reissued a “buy” rating and issued a $65.00 target price on shares of Tableau Software in a report on Monday, May 15th. BidaskClub raised Tableau Software from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Bank of America Corporation boosted their target price on Tableau Software from $72.00 to $76.00 and gave the company a “buy” rating in a report on Tuesday, May 30th. Finally, Benchmark Co. assumed coverage on Tableau Software in a research note on Thursday, April 27th. They issued a “hold” rating on the stock. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $64.52.

A number of hedge funds have recently added to or reduced their stakes in DATA. Winfield Associates Inc. boosted its stake in Tableau Software by 0.7% in the first quarter. Winfield Associates Inc. now owns 2,280 shares of the software company’s stock worth $113,000 after buying an additional 15 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Tableau Software by 0.5% in the first quarter. PNC Financial Services Group Inc. now owns 4,336 shares of the software company’s stock worth $215,000 after buying an additional 20 shares during the last quarter. Utah Retirement Systems boosted its stake in Tableau Software by 1.0% in the first quarter. Utah Retirement Systems now owns 10,000 shares of the software company’s stock worth $495,000 after buying an additional 100 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its stake in Tableau Software by 1.1% in the second quarter. Public Employees Retirement Association of Colorado now owns 13,107 shares of the software company’s stock worth $803,000 after buying an additional 138 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in Tableau Software by 7.9% in the second quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock worth $140,000 after buying an additional 167 shares during the last quarter. 76.72% of the stock is owned by hedge funds and other institutional investors.

Tableau Software Company Profile

Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.

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

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