John Mcadam Sells 15,000 Shares of Tableau Software Inc (DATA) Stock
Tableau Software Inc (NYSE:DATA) Director John Mcadam sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, November 9th. The shares were sold at an average price of $114.25, for a total transaction of $1,713,750.00. Following the sale, the director now directly owns 31,835 shares of the company’s stock, valued at approximately $3,637,148.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
NYSE:DATA traded up $1.63 during trading hours on Tuesday, reaching $112.53. The company had a trading volume of 1,029,500 shares, compared to its average volume of 883,074. Tableau Software Inc has a 52 week low of $68.37 and a 52 week high of $125.50. The company has a market cap of $9.46 billion, a PE ratio of -48.09 and a beta of 1.34.
Tableau Software (NYSE:DATA) last issued its quarterly earnings results 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 business had revenue of $239.60 million for the quarter, compared to analysts’ expectations of $242.19 million. Tableau Software had a negative return on equity of 25.49% and a negative net margin of 22.39%. The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.08 EPS. As a group, equities analysts predict that Tableau Software Inc will post -2.88 earnings per share for the current year.
Several institutional investors have recently modified their holdings of DATA. CIBC Private Wealth Group LLC purchased a new position in shares of Tableau Software during the 2nd quarter worth $126,000. Penserra Capital Management LLC purchased a new position in shares of Tableau Software during the 3rd quarter worth $156,000. Harvest Fund Management Co. Ltd boosted its stake in shares of Tableau Software by 158.7% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,816 shares of the software company’s stock worth $203,000 after acquiring an additional 1,114 shares during the last quarter. LPL Financial LLC purchased a new position in shares of Tableau Software during the 1st quarter worth $206,000. Finally, Pennsylvania Trust Co purchased a new position in shares of Tableau Software during the 3rd quarter worth $210,000. Institutional investors and hedge funds own 82.28% of the company’s stock.
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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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