Alteryx (NYSE:AYX)‘s stock had its “sector weight” rating reissued by research analysts at KeyCorp in a research note issued on Wednesday.
A number of other brokerages have also weighed in on AYX. Goldman Sachs Group lowered shares of Alteryx from a “buy” rating to a “neutral” rating and set a $29.00 price objective on the stock. in a report on Wednesday, January 31st. Zacks Investment Research lowered shares of Alteryx from a “hold” rating to a “sell” rating in a report on Monday, February 26th. Bank of America boosted their price objective on shares of Alteryx from $28.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. Finally, Cowen reissued an “outperform” rating and set a $34.00 price objective (up from $29.00) on shares of Alteryx in a report on Thursday, February 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $25.80.
Shares of Alteryx (NYSE:AYX) traded up $0.57 on Wednesday, hitting $36.80. 417,122 shares of the stock were exchanged, compared to its average volume of 613,512. The stock has a market capitalization of $2,255.96 and a price-to-earnings ratio of -85.53. Alteryx has a 12-month low of $14.61 and a 12-month high of $38.88.
In other Alteryx news, Chairman Dean Stoecker sold 40,000 shares of the company’s stock in a transaction on Friday, December 29th. The shares were sold at an average price of $25.62, for a total value of $1,024,800.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CRO Robert Scott Jones sold 40,226 shares of the company’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $33.88, for a total transaction of $1,362,856.88. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 292,452 shares of company stock worth $8,688,541.
Several hedge funds have recently bought and sold shares of AYX. Nationwide Fund Advisors purchased a new stake in shares of Alteryx during the 2nd quarter worth about $100,000. The Manufacturers Life Insurance Company raised its position in shares of Alteryx by 685.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,853 shares of the company’s stock worth $154,000 after purchasing an additional 6,853 shares during the last quarter. New York State Common Retirement Fund acquired a new position in shares of Alteryx during the 2nd quarter worth about $187,000. Metropolitan Life Insurance Co. NY acquired a new position in shares of Alteryx during the 4th quarter worth about $192,000. Finally, Invictus RG acquired a new position in shares of Alteryx during the 3rd quarter worth about $202,000. 33.12% of the stock is currently owned by institutional investors and hedge funds.
Alteryx Company Profile
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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