Alteryx, Inc. (NYSE:AYX) major shareholder Qualified Master Fund L. Abdiel bought 166,168 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were purchased at an average cost of $22.06 per share, with a total value of $3,665,666.08. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of Alteryx, Inc. (NYSE:AYX) traded down 0.83% during mid-day trading on Monday, hitting $22.79. 214,669 shares of the stock traded hands. Alteryx, Inc. has a 52 week low of $14.61 and a 52 week high of $23.14. The firm’s 50-day moving average is $20.30 and its 200-day moving average is $18.49. The stock’s market cap is $1.33 billion.

Alteryx (NYSE:AYX) last posted its earnings results on Wednesday, August 2nd. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.05. The business had revenue of $30.30 million for the quarter, compared to analysts’ expectations of $29.33 million. Alteryx’s revenue was up 52.3% compared to the same quarter last year. On average, analysts forecast that Alteryx, Inc. will post ($0.33) earnings per share for the current year.

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Institutional investors have recently bought and sold shares of the stock. Sapphire Ventures L.L.C. acquired a new position in Alteryx during the first quarter valued at about $96,785,000. ICONIQ Capital LLC acquired a new position in Alteryx during the first quarter valued at about $52,298,000. FMR LLC acquired a new position in Alteryx during the first quarter valued at about $6,400,000. Tygh Capital Management Inc. boosted its position in Alteryx by 1,668.0% in the second quarter. Tygh Capital Management Inc. now owns 353,590 shares of the company’s stock valued at $6,902,000 after buying an additional 333,590 shares during the period. Finally, Spark Investment Management LLC acquired a new position in Alteryx during the second quarter valued at about $5,565,000.

AYX has been the subject of several recent analyst reports. Raymond James Financial, Inc. initiated coverage on shares of Alteryx in a research report on Tuesday, April 18th. They set an “outperform” rating and a $20.00 price objective for the company. William Blair reaffirmed an “outperform” rating and set a $17.00 price objective on shares of Alteryx in a research report on Tuesday, April 18th. Pacific Crest initiated coverage on shares of Alteryx in a research report on Tuesday, April 18th. They set an “overweight” rating and a $20.00 price objective for the company. JMP Securities initiated coverage on shares of Alteryx in a research report on Tuesday, April 18th. They set an “outperform” rating and a $20.00 price objective for the company. Finally, KeyCorp reaffirmed a “buy” rating and set a $22.00 price objective on shares of Alteryx in a research report on Thursday, June 1st. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $20.25.

About Alteryx

Alteryx, Inc is a United States-based provider of self-service data analytics software. The Company offers various products, such as Alteryx Designer, Alteryx Server and Alteryx Analytics Gallery. Alteryx Designer is a repeatable workflow for self-service data analytics. Alteryx Designer allows data analysts by combining data preparation, data blending, and analytics-predictive, statistical and spatial-using the same user interface.

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