Insider Trader Watch: Tableau Software Inc

Tableau Software Inc (NYSE:DATA) insider has recently participated in insider trading activity. Executive VP, Sales, Wright Kelly sold 1,250 shares for $119,684 via one transaction Dec 02. Following the transaction, the insider now owns 303,251 shares in total, priced at $12175527.65 as of Tuesday. Another notable insider trading was done by the same insider on Dec 01. Wright Kelly Sold 1,250 shares at an average price of $97.44 for a total of $121,798. Moreover, SEAWELL A BROOKE carried out a buy of 10,000 shares at $39.99 each on Feb 12. The transaction amounted to $399,900. Chief Financial Officer Walker Thomas E Jr sold 20,000 shares for $1,941,088 through one transaction Dec 01. Following this sale, this insider’s stake in the company comprises 58,650 shares, priced at $2354797.5 as of Tuesday.

The stock has experienced a total of 18 insider trades in the past three months. These trades include 8 sell activities and 10 buy trades. Furthermore, over the past 12 months, the stock was traded 173 times by insiders. In 91 of these trades, the insider was a seller while an employee of the company was the buyer in just 82 instances.

Tableau Software Inc (DATA) on February 10, 2016 announced that Gartner, Inc. has positioned Tableau as a Leader in its 2016 Magic Quadrant for Business Intelligence and Analytics Platforms report. This is the fourth year in a row that Tableau has appeared in the Leaders quadrant. A complimentary copy of the report is available from the Tableau website at http://get.tableau.com/gartner-magic-quadrant-2016.html.

The report evaluated 24 different software vendors on 15 criteria and placed Tableau in the Leaders quadrant.

“We believe Tableau has landed in the Leaders quadrant for a fourth year in a row because we’ve fundamentally changed how people see and understand data,” said Elissa Fink, Chief Marketing Officer at Tableau. “People and enterprises recognize our disruptive approach that’s defining the data analytics landscape.”

“Tableau has helped us use data to pinpoint problems and respond to them immediately,” said Adam Crahen, Sr. Systems Accountant at the US Department of the Interior. “It’s helping to change the way we do federal reporting. We can just drill through our information, analyze it and produce one report that can serve anybody.”

*Gartner “Magic Quadrant for Business Intelligence and Analytics Platforms” by, Josh Parenteau, Rita Sallam, Cindi Howson,  Joao Tapadinhas, Kurt Schlegel,  Thomas Oestreich, 4 February 2016.