Janney Montgomery Scott LLC reduced its stake in shares of Alteryx Inc (NYSE:AYX) by 40.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,572 shares of the company’s stock after selling 3,164 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Alteryx were worth $491,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of the company. Griffin Asset Management Inc. bought a new stake in shares of Alteryx in the second quarter valued at about $30,000. Capital Investment Advisory Services LLC bought a new stake in shares of Alteryx in the third quarter valued at about $35,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Alteryx in the second quarter valued at about $40,000. Parallel Advisors LLC raised its holdings in shares of Alteryx by 83.6% in the second quarter. Parallel Advisors LLC now owns 448 shares of the company’s stock valued at $49,000 after acquiring an additional 204 shares in the last quarter. Finally, Valeo Financial Advisors LLC bought a new stake in shares of Alteryx in the third quarter valued at about $54,000. 70.60% of the stock is owned by hedge funds and other institutional investors.
In other news, Director Eileen Schloss sold 4,000 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $95.29, for a total transaction of $381,160.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Christopher M. Lal sold 5,840 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $141.90, for a total transaction of $828,696.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 77,651 shares of company stock worth $8,984,956. Corporate insiders own 19.82% of the company’s stock.
Shares of Alteryx stock opened at $93.46 on Thursday. The company has a market capitalization of $6.12 billion, a PE ratio of -467.30, a P/E/G ratio of 9.38 and a beta of 1.00. The company has a debt-to-equity ratio of 1.69, a quick ratio of 5.22 and a current ratio of 5.22. The company has a 50-day simple moving average of $101.22 and a two-hundred day simple moving average of $109.22. Alteryx Inc has a one year low of $47.07 and a one year high of $147.79.
Alteryx (NYSE:AYX) last announced its earnings results on Thursday, October 31st. The company reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.15. The business had revenue of $103.40 million during the quarter, compared to the consensus estimate of $90.42 million. Alteryx had a negative net margin of 3.31% and a positive return on equity of 1.09%. The firm’s revenue was up 65.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.08 earnings per share. On average, equities analysts predict that Alteryx Inc will post 0.25 earnings per share for the current fiscal year.
Several research firms recently weighed in on AYX. Rosenblatt Securities began coverage on Alteryx in a report on Wednesday, August 21st. They issued a “neutral” rating and a $137.00 price objective for the company. William Blair restated an “outperform” rating on shares of Alteryx in a report on Wednesday, July 31st. Citigroup decreased their price objective on Alteryx from $161.00 to $150.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Bank of America decreased their price objective on Alteryx from $140.00 to $112.00 and set a “buy” rating for the company in a report on Friday, November 1st. Finally, Needham & Company LLC set a $140.00 price objective on Alteryx and gave the company a “buy” rating in a report on Friday, November 1st. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $121.10.
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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