Alteryx Inc (NYSE:AYX) insider Christopher M. Lal sold 5,000 shares of Alteryx stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $90.59, for a total value of $452,950.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Christopher M. Lal also recently made the following trade(s):
- On Thursday, March 21st, Christopher M. Lal sold 13,002 shares of Alteryx stock. The stock was sold at an average price of $85.00, for a total value of $1,105,170.00.
- On Tuesday, March 12th, Christopher M. Lal sold 7,500 shares of Alteryx stock. The stock was sold at an average price of $76.57, for a total value of $574,275.00.
- On Thursday, February 28th, Christopher M. Lal sold 2,997 shares of Alteryx stock. The stock was sold at an average price of $76.30, for a total value of $228,671.10.
Shares of AYX traded down $1.80 during trading hours on Friday, hitting $88.40. The stock had a trading volume of 587,480 shares, compared to its average volume of 1,112,955. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.58 and a quick ratio of 1.58. Alteryx Inc has a 12 month low of $30.71 and a 12 month high of $98.90. The firm has a market capitalization of $5.64 billion, a P/E ratio of -442.00, a PEG ratio of 37.91 and a beta of 1.02.
Alteryx (NYSE:AYX) last issued its quarterly earnings data on Wednesday, May 1st. The company reported ($0.02) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.14. Alteryx had a negative return on equity of 4.90% and a negative net margin of 2.84%. The company had revenue of $76.02 million during the quarter, compared to analyst estimates of $71.41 million. During the same quarter in the previous year, the company posted ($0.01) earnings per share. Alteryx’s revenue was up 51.0% compared to the same quarter last year. Analysts expect that Alteryx Inc will post 0.17 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently modified their holdings of AYX. ICONIQ Capital LLC grew its holdings in shares of Alteryx by 324.6% in the first quarter. ICONIQ Capital LLC now owns 1,819,965 shares of the company’s stock worth $152,640,000 after acquiring an additional 1,391,365 shares during the period. Whale Rock Capital Management LLC grew its holdings in shares of Alteryx by 168.7% in the first quarter. Whale Rock Capital Management LLC now owns 756,514 shares of the company’s stock worth $63,449,000 after acquiring an additional 474,998 shares during the period. JPMorgan Chase & Co. grew its holdings in Alteryx by 219.2% during the third quarter. JPMorgan Chase & Co. now owns 504,173 shares of the company’s stock valued at $28,844,000 after purchasing an additional 346,239 shares during the period. 1832 Asset Management L.P. bought a new stake in Alteryx during the fourth quarter valued at about $18,923,000. Finally, OppenheimerFunds Inc. bought a new stake in Alteryx during the first quarter valued at about $21,279,000. 57.94% of the stock is owned by institutional investors.
A number of analysts have commented on AYX shares. Raymond James lowered Alteryx from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 29th. They noted that the move was a valuation call. Wedbush lowered Alteryx from an “outperform” rating to a “neutral” rating and set a $68.75 target price for the company. in a report on Monday, February 11th. They noted that the move was a valuation call. KeyCorp lifted their target price on Alteryx from $74.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, February 28th. Needham & Company LLC reissued a “buy” rating and issued a $90.00 target price (up previously from $74.00) on shares of Alteryx in a report on Thursday, February 28th. Finally, Bank of America reaffirmed a “buy” rating and issued a $90.00 price objective (up previously from $72.00) on shares of Alteryx in a report on Thursday, February 28th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Alteryx currently has an average rating of “Buy” and a consensus target price of $90.25.
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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, data scientists, and citizen data scientists worldwide. Its software platform includes Alteryx Designer, a data profiling, preparation, blending, and analytics product used to create visual workflows or analytic processes; Alteryx Server, a 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; and Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models into real-time production applications.
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