Tableau Software Inc (NYSE:DATA) Chairman Christian Chabot sold 110,097 shares of the firm’s stock in a transaction dated Friday, November 9th. The shares were sold at an average price of $114.63, for a total transaction of $12,620,419.11. Following the completion of the transaction, the chairman now directly owns 113,633 shares in the company, valued at approximately $13,025,750.79. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

  • On Monday, November 12th, Christian Chabot sold 289,903 shares of Tableau Software stock. The shares were sold at an average price of $110.67, for a total transaction of $32,083,565.01.

Shares of DATA stock opened at $112.53 on Wednesday. Tableau Software Inc has a 12-month low of $68.37 and a 12-month 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 (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.67) by ($0.15). Tableau Software had a negative return on equity of 25.49% and a negative net margin of 22.39%. The company had revenue of $239.60 million for the quarter, compared to analysts’ expectations of $242.19 million. During the same quarter in the previous year, the business earned $0.08 EPS. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. As a group, research analysts expect that Tableau Software Inc will post -2.88 earnings per share for the current year.

Institutional investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC purchased a new position in Tableau Software in the 2nd quarter valued at approximately $126,000. Penserra Capital Management LLC purchased a new position in Tableau Software in the 3rd quarter valued at approximately $156,000. Harvest Fund Management Co. Ltd grew its stake in Tableau Software by 158.7% in the 3rd 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 in the last quarter. LPL Financial LLC purchased a new position in Tableau Software in the 1st quarter valued at approximately $206,000. Finally, Pennsylvania Trust Co purchased a new position in Tableau Software in the 3rd quarter valued at approximately $210,000. Institutional investors and hedge funds own 82.28% of the company’s stock.

DATA has been the topic of several recent research reports. Goldman Sachs Group reaffirmed a “buy” rating and issued a $130.00 price target (up previously from $110.00) on shares of Tableau Software in a research report on Monday, July 23rd. Morgan Stanley increased their price objective on shares of Tableau Software from $90.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, July 23rd. Wedbush increased their price objective on shares of Tableau Software from $104.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, July 27th. Citigroup reiterated a “buy” rating on shares of Tableau Software in a research note on Tuesday, July 31st. Finally, Deutsche Bank upgraded shares of Tableau Software from a “hold” rating to a “buy” rating and increased their price objective for the company from $105.00 to $120.00 in a research note on Wednesday, August 1st. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $116.27.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2018/11/14/tableau-software-inc-data-chairman-christian-chabot-sells-110097-shares.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.

Recommended Story: How Do Tariffs Affect Trade Balances?

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.