Christian Chabot Sells 200,000 Shares of Tableau Software Inc (DATA) Stock

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Tableau Software Inc (NYSE:DATA) Chairman Christian Chabot sold 200,000 shares of Tableau Software stock in a transaction dated Monday, February 11th. The stock was sold at an average price of $121.48, for a total value of $24,296,000.00. Following the sale, the chairman now directly owns 203,536 shares of the company’s stock, valued at $24,725,553.28. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

  • On Friday, February 8th, Christian Chabot sold 200,000 shares of Tableau Software stock. The stock was sold at an average price of $121.68, for a total value of $24,336,000.00.

DATA opened at $126.17 on Thursday. Tableau Software Inc has a one year low of $77.32 and a one year high of $133.74. The stock has a market cap of $10.52 billion, a PE ratio of -39.55 and a beta of 1.32.

Tableau Software (NYSE:DATA) last posted its earnings results on Tuesday, February 5th. The software company reported ($0.03) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.05. The business had revenue of $275.70 million for the quarter, compared to analysts’ expectations of $271.62 million. Tableau Software had a negative return on equity of 26.78% and a negative net margin of 24.35%. The business’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.12 earnings per share. Research analysts forecast that Tableau Software Inc will post -0.76 EPS for the current fiscal year.

A number of analysts have issued reports on the company. OTR Global downgraded Tableau Software to a “positive” rating in a report on Thursday, January 31st. Bank of America lifted their price target on Tableau Software from $130.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, November 7th. Zacks Investment Research cut Tableau Software from a “buy” rating to a “hold” rating in a research report on Tuesday, January 8th. Barclays lifted their target price on Tableau Software to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, January 17th. Finally, Wedbush lifted their target price on Tableau Software from $128.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 7th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $131.50.

A number of hedge funds have recently modified their holdings of DATA. FMR LLC increased its position in Tableau Software by 4,138.8% in the 2nd quarter. FMR LLC now owns 2,323,496 shares of the software company’s stock valued at $227,122,000 after acquiring an additional 2,268,681 shares during the period. Capital World Investors acquired a new position in Tableau Software in the 3rd quarter valued at about $138,971,000. Vanguard Group Inc increased its position in Tableau Software by 5.1% in the 3rd quarter. Vanguard Group Inc now owns 6,118,849 shares of the software company’s stock valued at $683,720,000 after acquiring an additional 299,635 shares during the period. Vanguard Group Inc. increased its position in Tableau Software by 5.1% in the 3rd quarter. Vanguard Group Inc. now owns 6,118,849 shares of the software company’s stock valued at $683,720,000 after acquiring an additional 299,635 shares during the period. Finally, BlackRock Inc. increased its position in Tableau Software by 6.0% in the 3rd quarter. BlackRock Inc. now owns 3,786,780 shares of the software company’s stock valued at $423,134,000 after acquiring an additional 214,715 shares during the period. Hedge funds and other institutional investors own 84.72% of the company’s stock.

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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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