Tableau Software (DATA) sees Significant Insider Sales Extending the Trend of Last Quarter

Wednesday, November 22, 2017 10:15 PM ET

Tableau Software (DATA) sees Significant Insider Sales Extending the Trend of Last Quarter

SEC filings today disclosed significant insider sales of Tableau Software shares as two insiders — Andrew Beers, Officer, and Adam Selipsky, Director and Officer — disposed of 25,485 shares in the company having a market value of approximately $1,770,571. There have been 7 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 17,905 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 43,390 shares and have averaged 4,821 shares per transaction over this time period.

The number of insider buy/sell trades at Tableau Software is greater than that of the 62 peer company average over the last 90-day period. The Enterprise Software peer group saw 175 buy/sell trades during this period for an average of 2.8 transactions per company. However, the number of shares traded per transaction by Tableau Software insiders is lower than its peers. Within the peer group there were 731,656 shares purchased and 7,238,195 shares sold with company insiders having sold 37,180 shares on average over this time period.

Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in creating and writing this story.

Today’s Insider Activity
* Andrew Beers, Officer, sold 22,285 shares
* Adam Selipsky, Director and Officer, sold 3,200 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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