Tableau Software Inc (DATA) Files Form 4 Insider Selling : Forest Baskett Sells 73,200 Shares

Tableau Software Inc (DATA): Forest Baskett , director of Tableau Software Inc sold 73,200 shares on Jun 7, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $55.15 per share for a total value of $4,043,436.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Chris Stolte (CDO and Co-Founder) sold 87 shares at $47.78 per share price.On May 17, 2016, Kelly Wright (Executive VP, Sales) sold 1,054 shares at $48.09 per share price.Also, On May 17, 2016, Christian Chabot (CEO, Co-Founder and Chairman) sold 87 shares at $47.95 per share price.On May 17, 2016, Elissa Fink (Chief Marketing Officer) sold 626 shares at $48.07 per share price.

Shares of Tableau Software Inc (DATA) ended Tuesday, Jun 7, 2016 session in red amid volatile trading. The shares closed down -0.37 points or -0.66% at $55.33 with 22,99,188 shares getting traded. Post opening the session at $55.31, the shares hit an intraday low of $54.39 and an intraday high of $55.795 and the price vacillated in this range throughout the day. The company has a market cap of $4,116 M and the number of outstanding shares has been calculated to be 7,43,95,814 shares. The 52-week high of Tableau Software Inc is $131.34 and the 52-week low is $36.6.

Tableau Software Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Tableau Software Inc is Reiterated by UBS to Buy while Lowering the Price Target of the company shares to $ 70 from a previous price target of $75 . The Rating was issued on May 6, 2016.Tableau Software Inc is Reiterated by Mizuho to Neutral while Lowering the Price Target of the company shares to $ 50 from a previous price target of $55 . The Rating was issued on May 6, 2016.Tableau Software Inc is Reiterated by Wunderlich to Buy while Lowering the Price Target of the company shares to $ 65 from a previous price target of $75 . The Rating was issued on May 6, 2016.Tableau Software Inc is Initiated by Macquarie to Neutral and the brokerage firm has set the Price Target at $56. The Rating was issued on Apr 26, 2016.

Tableau Software Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Company’s products are Tableau Desktop a self-service analytics product Tableau Server a business intelligence platform for organizations Tableau Online a cloud-based version of Tableau Server and Tableau Public a free cloud-based platform for analyzing and sharing public data. The Company’s products are used by people across a range of organizations including Fortune 500 corporations small and medium-sized businesses government agencies universities research institutions and non-profits. The Company’s technologies include visual query language (VizQL) a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually and Hybrid Data Architecture which combines the Company’s Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.

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