Alteryx Inc (NYSE:AYX) insider Robert Scott Jones sold 4,166 shares of Alteryx stock in a transaction dated Tuesday, October 30th. The shares were sold at an average price of $43.98, for a total transaction of $183,220.68. The sale was disclosed in a document filed with the SEC, which is available at this link.
Robert Scott Jones also recently made the following trade(s):
- On Monday, October 1st, Robert Scott Jones sold 4,168 shares of Alteryx stock. The shares were sold at an average price of $57.21, for a total transaction of $238,451.28.
- On Friday, August 31st, Robert Scott Jones sold 4,167 shares of Alteryx stock. The shares were sold at an average price of $57.33, for a total transaction of $238,894.11.
Shares of NYSE AYX traded up $4.51 during mid-day trading on Wednesday, reaching $52.99. 1,700,141 shares of the company’s stock traded hands, compared to its average volume of 846,702. The stock has a market capitalization of $2.73 billion, a P/E ratio of -170.94 and a beta of 0.26. Alteryx Inc has a 1-year low of $21.15 and a 1-year high of $63.18. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.71 and a quick ratio of 2.71.
Alteryx (NYSE:AYX) last released its quarterly earnings results on Wednesday, August 8th. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.01. Alteryx had a negative net margin of 9.44% and a negative return on equity of 9.44%. The business had revenue of $46.80 million for the quarter, compared to analysts’ expectations of $43.79 million. During the same period in the previous year, the company earned ($0.09) earnings per share. The firm’s revenue for the quarter was up 54.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Alteryx Inc will post -0.47 earnings per share for the current fiscal year.
A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its holdings in Alteryx by 47.8% during the second quarter. BlackRock Inc. now owns 2,027,578 shares of the company’s stock worth $77,373,000 after purchasing an additional 655,701 shares during the last quarter. Sandler Capital Management purchased a new position in Alteryx during the second quarter worth about $29,515,000. Engle Capital Management L.P. boosted its holdings in Alteryx by 62.2% during the second quarter. Engle Capital Management L.P. now owns 360,000 shares of the company’s stock worth $13,738,000 after purchasing an additional 138,000 shares during the last quarter. Point72 Asset Management L.P. purchased a new position in Alteryx during the second quarter worth about $12,649,000. Finally, Northern Trust Corp boosted its holdings in Alteryx by 19.8% during the second quarter. Northern Trust Corp now owns 326,679 shares of the company’s stock worth $12,467,000 after purchasing an additional 53,939 shares during the last quarter. Institutional investors and hedge funds own 43.00% of the company’s stock.
A number of brokerages have recently issued reports on AYX. Zacks Investment Research upgraded shares of Alteryx from a “sell” rating to a “hold” rating in a report on Monday, September 24th. Needham & Company LLC lifted their price objective on shares of Alteryx to $65.00 and gave the company a “buy” rating in a report on Monday, September 24th. Citigroup set a $81.00 price objective on shares of Alteryx and gave the company a “buy” rating in a report on Tuesday, September 18th. Oppenheimer lifted their price objective on shares of Alteryx from $48.00 to $56.00 and gave the company an “outperform” rating in a report on Thursday, August 9th. Finally, DA Davidson lifted their price objective on shares of Alteryx to $52.00 and gave the company a “neutral” rating in a report on Thursday, August 9th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Alteryx currently has a consensus rating of “Buy” and an average price target of $49.50.
Alteryx Company Profile
Alteryx, Inc operates a self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts. Its software platform includes Alteryx Designer for data preparation, blending, and analytics that could be deployable in the cloud and on premise; Alteryx Server, a secure and scalable server-based product for scheduling, sharing, and running analytic processes and applications in a Web-based environment; Alteryx Connect, a collaborative data exploration platform for discovering information assets and sharing recommendations across the enterprise; Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models to production; and Alteryx Analytics Gallery, a cloud-based collaboration offering that allows users to share workflows in a centralized repository.
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