Kevin Rubin Sells 68,000 Shares of Alteryx Inc (AYX) Stock

Alteryx Inc (NYSE:AYX) CFO Kevin Rubin sold 68,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 26th. The stock was sold at an average price of $76.48, for a total value of $5,200,640.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Kevin Rubin also recently made the following trade(s):

  • On Monday, February 11th, Kevin Rubin sold 8,500 shares of Alteryx stock. The stock was sold at an average price of $67.87, for a total value of $576,895.00.
  • On Monday, January 14th, Kevin Rubin sold 8,500 shares of Alteryx stock. The stock was sold at an average price of $67.46, for a total value of $573,410.00.
  • On Monday, December 10th, Kevin Rubin sold 8,500 shares of Alteryx stock. The stock was sold at an average price of $59.62, for a total value of $506,770.00.

Alteryx stock opened at $76.31 on Friday. Alteryx Inc has a twelve month low of $30.45 and a twelve month high of $79.97. The company has a quick ratio of 2.64, a current ratio of 2.64 and a debt-to-equity ratio of 0.88. The company has a market cap of $4.52 billion, a price-to-earnings ratio of -246.16 and a beta of 1.10.

Alteryx (NYSE:AYX) last posted its quarterly earnings data on Wednesday, February 27th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. Alteryx had a negative return on equity of 7.06% and a negative net margin of 6.72%. The company had revenue of $60.50 million during the quarter, compared to analysts’ expectations of $57.59 million. During the same period last year, the firm earned $0.02 EPS. The firm’s revenue for the quarter was up 56.7% on a year-over-year basis. As a group, research analysts forecast that Alteryx Inc will post -0.3 EPS for the current year.

AYX has been the subject of a number of recent research reports. KeyCorp reaffirmed an “overweight” rating and set a $85.00 price objective (up from $74.00) on shares of Alteryx in a research report on Thursday. JPMorgan Chase & Co. increased their price objective on Alteryx to $70.00 and gave the stock a “neutral” rating in a research report on Thursday. Oppenheimer increased their price objective on Alteryx from $65.00 to $85.00 and gave the stock an “outperform” rating in a research report on Thursday. Zacks Investment Research cut Alteryx from a “buy” rating to a “hold” rating in a research report on Monday, November 12th. Finally, DA Davidson increased their price objective on Alteryx to $74.00 and gave the stock a “neutral” rating in a research report on Thursday. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $77.50.

Several institutional investors and hedge funds have recently bought and sold shares of AYX. Capital World Investors lifted its holdings in shares of Alteryx by 87.8% in the 3rd quarter. Capital World Investors now owns 3,230,433 shares of the company’s stock valued at $184,813,000 after buying an additional 1,510,000 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Alteryx by 444.3% in the 3rd quarter. Renaissance Technologies LLC now owns 894,298 shares of the company’s stock valued at $51,163,000 after buying an additional 730,000 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Alteryx by 644.7% in the 3rd quarter. Franklin Resources Inc. now owns 773,719 shares of the company’s stock valued at $44,264,000 after buying an additional 669,819 shares during the period. Capital International Investors acquired a new stake in shares of Alteryx in the 3rd quarter valued at approximately $32,953,000. Finally, Deutsche Bank AG lifted its holdings in shares of Alteryx by 304.2% in the 3rd quarter. Deutsche Bank AG now owns 642,860 shares of the company’s stock valued at $36,776,000 after buying an additional 483,810 shares during the period. 54.96% of the stock is owned by institutional investors and hedge funds.

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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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