Alteryx, Inc. (NYSE:AYX) major shareholder Qualified Master Fund L. Abdiel bought 27,104 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was bought at an average price of $22.82 per share, for a total transaction of $618,513.28. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of Alteryx, Inc. (NYSE AYX) opened at 22.50 on Friday. The company’s market capitalization is $1.32 billion. Alteryx, Inc. has a one year low of $14.61 and a one year high of $23.55. The company’s 50-day moving average price is $20.97 and its 200-day moving average price is $18.77.
Alteryx (NYSE:AYX) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.05. The company had revenue of $30.30 million during the quarter, compared to analysts’ expectations of $29.33 million. The business’s quarterly revenue was up 52.3% on a year-over-year basis. On average, equities research analysts predict that Alteryx, Inc. will post ($0.33) earnings per share for the current year.
A number of research analysts have recently weighed in on AYX shares. KeyCorp restated an “overweight” rating and issued a $24.00 target price (up previously from $22.00) on shares of Alteryx in a report on Monday, June 12th. Cowen and Company started coverage on Alteryx in a report on Tuesday, April 18th. They issued an “outperform” rating and a $21.00 target price on the stock. William Blair restated an “outperform” rating and issued a $17.00 target price on shares of Alteryx in a report on Tuesday, April 18th. Zacks Investment Research upgraded Alteryx from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a report on Tuesday, August 8th. Finally, JMP Securities started coverage on Alteryx in a report on Tuesday, April 18th. They issued an “outperform” rating and a $20.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $20.89.
A number of institutional investors have recently added to or reduced their stakes in AYX. Nationwide Fund Advisors acquired a new position in Alteryx during the second quarter valued at about $100,000. SG Americas Securities LLC acquired a new position in Alteryx during the first quarter valued at about $129,000. New York State Common Retirement Fund acquired a new position in Alteryx during the second quarter valued at about $187,000. Rhumbline Advisers acquired a new position in Alteryx during the second quarter valued at about $195,000. Finally, Schwab Charles Investment Management Inc. acquired a new position in Alteryx during the second quarter valued at about $291,000.
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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