Tableau Software, Inc. (DATA) CEO Adam Selipsky Sells 7,272 Shares

Tableau Software, Inc. (NYSE:DATA) CEO Adam Selipsky sold 7,272 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $70.67, for a total transaction of $513,912.24. Following the transaction, the chief executive officer now owns 237,592 shares of the company’s stock, valued at approximately $16,790,626.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Adam Selipsky also recently made the following trade(s):

  • On Wednesday, September 6th, Adam Selipsky sold 3,200 shares of Tableau Software stock. The shares were sold at an average price of $72.15, for a total transaction of $230,880.00.
  • On Thursday, August 31st, Adam Selipsky sold 1,600 shares of Tableau Software stock. The shares were sold at an average price of $71.92, for a total transaction of $115,072.00.
  • On Friday, September 1st, Adam Selipsky sold 3,200 shares of Tableau Software stock. The shares were sold at an average price of $72.28, for a total transaction of $231,296.00.
  • On Tuesday, August 22nd, Adam Selipsky sold 3,200 shares of Tableau Software stock. The shares were sold at an average price of $69.99, for a total transaction of $223,968.00.

Shares of Tableau Software, Inc. (DATA) traded down $0.12 on Friday, hitting $70.19. 858,273 shares of the stock traded hands, compared to its average volume of 1,038,055. Tableau Software, Inc. has a 52 week low of $41.41 and a 52 week high of $82.32.

Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Thursday, November 2nd. The software company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.07. The company had revenue of $214.90 million for the quarter, compared to analyst estimates of $219.43 million. Tableau Software had a negative net margin of 18.76% and a negative return on equity of 20.89%. The company’s revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.16 earnings per share. sell-side analysts predict that Tableau Software, Inc. will post -1.63 EPS for the current fiscal year.

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Institutional investors and hedge funds have recently modified their holdings of the company. Invictus RG bought a new position in shares of Tableau Software in the third quarter valued at about $123,000. ETF Managers Group LLC acquired a new position in shares of Tableau Software in the second quarter valued at about $119,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Tableau Software by 12.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,105 shares of the software company’s stock valued at $129,000 after acquiring an additional 231 shares in the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of Tableau Software by 164.4% in the second quarter. BNP Paribas Arbitrage SA now owns 2,266 shares of the software company’s stock valued at $139,000 after acquiring an additional 1,409 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of 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 valued at $140,000 after acquiring an additional 167 shares in the last quarter. 78.23% of the stock is currently owned by institutional investors.

A number of research analysts recently issued reports on DATA shares. Maxim Group restated a “sell” rating and set a $40.00 price objective on shares of Tableau Software in a report on Friday, November 3rd. BMO Capital Markets boosted their price objective on shares of Tableau Software from $70.00 to $77.00 and gave the company a “market perform” rating in a report on Friday, November 3rd. They noted that the move was a valuation call. Barclays PLC restated an “overweight” rating and set a $76.00 price objective (up previously from $72.00) on shares of Tableau Software in a report on Wednesday, August 9th. Jefferies Group LLC decreased their price objective on shares of Tableau Software from $70.00 to $67.00 and set a “hold” rating for the company in a report on Friday, November 3rd. Finally, Bank of America Corporation boosted their price objective on shares of Tableau Software from $84.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, eighteen have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $71.24.

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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