Raymond James Financial Services Advisors Inc. purchased a new position in shares of Alteryx (NYSE:AYX) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,145 shares of the company’s stock, valued at approximately $256,000.
Several other large investors also recently made changes to their positions in the company. Nationwide Fund Advisors acquired a new position in shares of Alteryx during the second quarter worth $100,000. The Manufacturers Life Insurance Company increased its holdings in shares of Alteryx by 685.3% during the second quarter. The Manufacturers Life Insurance Company now owns 7,853 shares of the company’s stock worth $154,000 after buying an additional 6,853 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Alteryx by 28.4% during the third quarter. Bank of New York Mellon Corp now owns 34,354 shares of the company’s stock worth $699,000 after buying an additional 7,597 shares in the last quarter. New York State Common Retirement Fund acquired a new position in shares of Alteryx during the second quarter worth $187,000. Finally, Invictus RG acquired a new position in shares of Alteryx during the third quarter worth $202,000. Institutional investors own 33.12% of the company’s stock.
Shares of AYX stock opened at $36.54 on Wednesday. The firm has a market capitalization of $2,072.55 and a price-to-earnings ratio of -84.97. Alteryx has a 1-year low of $14.61 and a 1-year high of $38.88.
Alteryx (NYSE:AYX) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $0.02 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.05. The business had revenue of $38.60 million for the quarter, compared to analysts’ expectations of $35.89 million. Alteryx had a negative net margin of 13.30% and a negative return on equity of 8.51%. The business’s quarterly revenue was up 54.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.11) earnings per share. equities research analysts forecast that Alteryx will post -0.41 EPS for the current fiscal year.
AYX has been the subject of a number of recent research reports. Bank of America increased their price objective on Alteryx from $28.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. Zacks Investment Research upgraded Alteryx from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a report on Tuesday, January 9th. Goldman Sachs downgraded Alteryx from a “buy” rating to a “neutral” rating and set a $29.00 price objective for the company. in a report on Wednesday, January 31st. Cowen restated an “outperform” rating and issued a $34.00 price objective (up from $29.00) on shares of Alteryx in a report on Thursday, February 22nd. Finally, KeyCorp restated an “overweight” rating and issued a $35.00 price objective (up from $29.00) on shares of Alteryx in a report on Thursday, February 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $25.80.
In other Alteryx news, Chairman Dean Stoecker sold 40,000 shares of the company’s stock in a transaction on Thursday, March 15th. The shares were sold at an average price of $36.50, for a total transaction of $1,460,000.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Christopher M. Lal sold 15,000 shares of the company’s stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $35.03, for a total transaction of $525,450.00. The disclosure for this sale can be found here. Insiders have sold 369,552 shares of company stock worth $11,493,787 in the last ninety days.
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.
Receive News & Ratings for Alteryx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alteryx and related companies with MarketBeat.com's FREE daily email newsletter.