Janney Montgomery Scott LLC increased its holdings in Alteryx Inc (NYSE:AYX) by 6.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,539 shares of the company’s stock after acquiring an additional 489 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Alteryx were worth $448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Morgan Stanley increased its stake in shares of Alteryx by 105.1% in the 3rd quarter. Morgan Stanley now owns 249,698 shares of the company’s stock worth $14,285,000 after acquiring an additional 127,927 shares in the last quarter. Federated Investors Inc. PA increased its stake in shares of Alteryx by 11.8% in the 3rd quarter. Federated Investors Inc. PA now owns 335,406 shares of the company’s stock worth $19,189,000 after acquiring an additional 35,406 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Alteryx in the 3rd quarter worth about $452,000. Rehmann Capital Advisory Group increased its stake in shares of Alteryx by 5,621.0% in the 3rd quarter. Rehmann Capital Advisory Group now owns 11,442 shares of the company’s stock worth $200,000 after acquiring an additional 11,242 shares in the last quarter. Finally, Cavalier Investments LLC bought a new position in shares of Alteryx in the 4th quarter worth about $1,150,000. Institutional investors own 54.96% of the company’s stock.
In other news, SVP Christopher M. Lal sold 795 shares of Alteryx stock in a transaction that occurred on Friday, December 14th. The shares were sold at an average price of $61.48, for a total value of $48,876.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Kevin Rubin sold 68,000 shares of Alteryx stock in a transaction that occurred on Tuesday, February 26th. The stock was sold at an average price of $76.48, for a total transaction of $5,200,640.00. The disclosure for this sale can be found here. Insiders sold 1,323,524 shares of company stock valued at $88,559,687 over the last quarter. Company insiders own 39.01% of the company’s stock.
Several research analysts recently issued reports on AYX shares. Wedbush lowered shares of Alteryx from an “outperform” rating to a “neutral” rating and set a $68.75 price target for the company. in a research note on Monday, February 11th. They noted that the move was a valuation call. Raymond James raised their price objective on shares of Alteryx from $54.00 to $70.00 and gave the company an “outperform” rating in a research note on Thursday, November 8th. Cowen raised their price objective on shares of Alteryx from $64.00 to $76.00 and gave the company an “outperform” rating in a research note on Thursday, November 8th. Bank of America raised their price objective on shares of Alteryx from $54.00 to $72.00 and gave the company a “buy” rating in a research note on Friday, November 9th. Finally, TheStreet upgraded shares of Alteryx from a “d+” rating to a “c” rating in a research note on Thursday, November 8th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Alteryx presently has a consensus rating of “Buy” and a consensus target price of $77.50.
NYSE:AYX opened at $76.31 on Friday. The stock has a market cap of $4.52 billion, a price-to-earnings ratio of -246.16 and a beta of 1.10. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.64 and a quick ratio of 2.64. Alteryx Inc has a fifty-two week low of $30.45 and a fifty-two week high of $79.97.
Alteryx (NYSE:AYX) last released its quarterly earnings data on Wednesday, February 27th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The business had revenue of $60.50 million during the quarter, compared to analyst estimates of $57.59 million. Alteryx had a negative net margin of 6.72% and a negative return on equity of 7.06%. Alteryx’s revenue was up 56.7% compared to the same quarter last year. During the same period last year, the business earned $0.02 EPS. Equities research analysts expect that Alteryx Inc will post -0.3 earnings per share for the current year.
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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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