The shares were sold at an average price of $48.07, for a total transaction of $30,091.82.
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Tableau stock is off $2.65, or 5%, at $53.75. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In Q2 2015, the company reported earnings of 7 cents per share on revenue of $149.86 million. The stock was sold at an average price of $47.98, for a total transaction of $68,131.60. The disclosure for this sale can be found here.
Shares of company began trading at $56.18. On May 6, 2016, Mitsubishi UFJ said it Downgrades its rating on Tableau Software Inc. Brookside Capital Management LLC increased its position in shares of Tableau Software by 32.6% in the first quarter. The stock’s institutional ownership stands at 95.40%. Fox Run Management L.L.C. bought a new position in shares of Tableau Software during the first quarter worth about $252,000. Alliancebernstein L.P. now owns 1,622,248 shares of the software company’s stock valued at $152,848,000 after buying an additional 291,014 shares in the last quarter. The company is covered by 20 Wall Street Brokerage Firms. 5,999,076 shares of the company’s stock traded hands. The company has total market value of 220.12B.
Tableau Software (NYSE:DATA): The stock opened at $52.87 on Wednesday but the bulls could not build on the opening and the stock topped out at $53.50 for the day. The firm has a 50-day moving average price of $53.18 and a 200-day moving average price of $51.45.
Tableau Software (DATA): The most positive equity analysts on Tableau Software (DATA) expects the shares to touch $119, whereas, the least positive believes that the stock will trade at $40 in the short term. The rating firm gave a Neutral rating to this stock in a research note on Aug 3, 2016.Deutsche Bank analysts issued their verdict on Tableau Software Inc (NYSE:DATA) recently. When comparing against its peers, investors can decide if lower EBIT margins are a result of the competitive landscape where all firms are showing lower margins or a issue restricted within the firm where it is facing higher costs and lower sales. Overweight rating was given by 1 analysts and Underweight rating was given by 0 analysts. Finally, Wunderlich dropped their price target on Tableau Software from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday, May 6th.
Tableau Software (NYSE:DATA) had its stock rating maintained as “Hold” in a report released by analysts at Deutsche Bank.
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According to Zacks Investment Research, “Tableau Software, Inc. engages in providing analytics and data visualization software”.
