Tableau Software Inc (DATA) Chairman Christian Chabot Sells 110,097 Shares
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.
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.
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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.
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