Adam Selipsky Sells 10,171 Shares of Tableau Software Inc (DATA) Stock

Tableau Software Inc (NYSE:DATA) insider Adam Selipsky sold 10,171 shares of Tableau Software stock in a transaction on Tuesday, November 20th. The stock was sold at an average price of $113.51, for a total transaction of $1,154,510.21. Following the sale, the insider now owns 253,322 shares in the company, valued at approximately $28,754,580.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Friday, November 16th, Adam Selipsky sold 6,871 shares of Tableau Software stock. The shares were sold at an average price of $117.18, for a total value of $805,143.78.
  • On Wednesday, September 5th, Adam Selipsky sold 3,400 shares of Tableau Software stock. The shares were sold at an average price of $112.31, for a total value of $381,854.00.
  • On Thursday, August 30th, Adam Selipsky sold 3,300 shares of Tableau Software stock. The shares were sold at an average price of $110.93, for a total value of $366,069.00.

Tableau Software stock opened at $107.61 on Friday. Tableau Software Inc has a 12-month low of $68.37 and a 12-month high of $125.50. The stock has a market capitalization of $8.99 billion, a P/E ratio of -45.99 and a beta of 1.34.

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

DATA has been the subject of a number of analyst reports. Wedbush lifted their price objective on Tableau Software from $104.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, July 27th. Citigroup reissued a “buy” rating on shares of Tableau Software in a report on Tuesday, July 31st. Deutsche Bank raised Tableau Software from a “hold” rating to a “buy” rating and lifted their price objective for the company from $105.00 to $120.00 in a report on Wednesday, August 1st. Royal Bank of Canada lifted their price objective on Tableau Software to $105.00 and gave the company a “market perform” rating in a report on Wednesday, August 1st. Finally, UBS Group lifted their price objective on Tableau Software from $95.00 to $114.00 and gave the company a “neutral” rating in a report on Thursday, August 2nd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $118.19.

Institutional investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC bought a new position in shares of Tableau Software in the second quarter valued at about $126,000. Penserra Capital Management LLC bought a new position in shares of Tableau Software in the third quarter valued at about $156,000. Harvest Fund Management Co. Ltd raised its holdings in shares of Tableau Software by 158.7% in the third quarter. Harvest Fund Management Co. Ltd now owns 1,816 shares of the software company’s stock valued at $203,000 after buying an additional 1,114 shares during the last quarter. Pennsylvania Trust Co bought a new position in shares of Tableau Software in the third quarter valued at about $210,000. Finally, Meridian Investment Counsel Inc. bought a new stake in Tableau Software during the 3rd quarter worth about $216,000. 82.82% of the stock is owned by institutional investors and hedge funds.

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Tableau Software Company Profile

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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