Adam Selipsky Sells 8,995 Shares of Tableau Software Inc (NYSE:DATA) Stock

Tableau Software Inc (NYSE:DATA) CEO Adam Selipsky sold 8,995 shares of the stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $123.13, for a total value of $1,107,554.35. Following the completion of the sale, the chief executive officer now owns 239,813 shares of the company’s stock, valued at approximately $29,528,174.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Wednesday, June 5th, Adam Selipsky sold 5,668 shares of Tableau Software stock. The shares were sold at an average price of $114.62, for a total value of $649,666.16.
  • On Thursday, May 30th, Adam Selipsky sold 5,666 shares of Tableau Software stock. The shares were sold at an average price of $113.17, for a total value of $641,221.22.
  • On Monday, May 20th, Adam Selipsky sold 11,828 shares of Tableau Software stock. The shares were sold at an average price of $122.08, for a total value of $1,443,962.24.
  • On Friday, March 1st, Adam Selipsky sold 5,668 shares of Tableau Software stock. The shares were sold at an average price of $131.55, for a total value of $745,625.40.
  • On Wednesday, February 20th, Adam Selipsky sold 21,567 shares of Tableau Software stock. The shares were sold at an average price of $127.43, for a total value of $2,748,282.81.

Shares of DATA traded down $2.13 during mid-day trading on Friday, hitting $163.25. The stock had a trading volume of 2,535,138 shares, compared to its average volume of 1,423,171. The firm has a market cap of $14.20 billion, a price-to-earnings ratio of -51.18 and a beta of 1.19. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 0.25. Tableau Software Inc has a fifty-two week low of $92.01 and a fifty-two week high of $173.37.

Tableau Software (NYSE:DATA) last issued its earnings results on Thursday, May 2nd. The software company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.58) by $0.60. The company had revenue of $282.50 million during the quarter, compared to analyst estimates of $287.24 million. Tableau Software had a negative return on equity of 25.93% and a negative net margin of 27.58%. The business’s revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 EPS. On average, sell-side analysts predict that Tableau Software Inc will post -0.76 earnings per share for the current fiscal year.

A number of brokerages have weighed in on DATA. KeyCorp raised their price objective on Tableau Software from $158.00 to $165.00 and gave the company an “overweight” rating in a research note on Friday, June 7th. UBS Group raised their price objective on Tableau Software to $134.00 and gave the company a “neutral” rating in a research note on Thursday, May 2nd. Goldman Sachs Group began coverage on Tableau Software in a research note on Friday, June 7th. They set a “buy” rating and a $146.00 price objective for the company. Needham & Company LLC restated a “buy” rating and set a $156.00 price objective on shares of Tableau Software in a research note on Friday, May 3rd. Finally, BTIG Research lowered Tableau Software from a “buy” rating to a “neutral” rating in a research note on Monday. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Tableau Software currently has an average rating of “Hold” and an average price target of $141.29.

Several institutional investors and hedge funds have recently modified their holdings of DATA. FMR LLC grew its position in shares of Tableau Software by 43.9% in the 4th quarter. FMR LLC now owns 3,984,077 shares of the software company’s stock worth $478,089,000 after acquiring an additional 1,215,863 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of Tableau Software by 30.1% in the 1st quarter. BlackRock Inc. now owns 4,997,006 shares of the software company’s stock worth $636,019,000 after purchasing an additional 1,155,835 shares during the last quarter. Coatue Management LLC lifted its holdings in shares of Tableau Software by 63.2% in the 4th quarter. Coatue Management LLC now owns 2,412,405 shares of the software company’s stock worth $289,489,000 after purchasing an additional 934,635 shares during the last quarter. Norges Bank bought a new stake in shares of Tableau Software in the 4th quarter worth approximately $88,709,000. Finally, Frontier Capital Management Co. LLC lifted its holdings in shares of Tableau Software by 18,501.8% in the 1st quarter. Frontier Capital Management Co. LLC now owns 536,291 shares of the software company’s stock worth $68,259,000 after purchasing an additional 533,408 shares during the last quarter. Institutional investors own 88.66% of the company’s stock.

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About Tableau Software

Tableau Software, Inc, together with its subsidiaries, provides business analytics software products. It offers Tableau Desktop, a self-service, powerful analytics product with data; Tableau Server, a business intelligence platform for organizations; Tableau Online, a hosted software-as-a-service version of Tableau Server; Tableau Prep, a data preparation product for combining, shaping, and cleaning data; and Tableau Public, a cloud-based platform for analyzing and sharing public data.

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Insider Buying and Selling by Quarter for Tableau Software (NYSE:DATA)

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