Pier Capital LLC trimmed its holdings in Alteryx Inc (NYSE:AYX) by 16.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,811 shares of the company’s stock after selling 19,845 shares during the quarter. Pier Capital LLC owned 0.17% of Alteryx worth $3,442,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of AYX. Schwab Charles Investment Management Inc. lifted its holdings in shares of Alteryx by 5.4% during the first quarter. Schwab Charles Investment Management Inc. now owns 49,010 shares of the company’s stock valued at $1,674,000 after acquiring an additional 2,500 shares during the period. New York State Common Retirement Fund increased its position in Alteryx by 20.2% in the first quarter. New York State Common Retirement Fund now owns 25,000 shares of the company’s stock worth $854,000 after purchasing an additional 4,200 shares during the period. Suntrust Banks Inc. increased its position in Alteryx by 22.1% in the fourth quarter. Suntrust Banks Inc. now owns 32,121 shares of the company’s stock worth $811,000 after purchasing an additional 5,816 shares during the period. California Public Employees Retirement System acquired a new position in shares of Alteryx during the 1st quarter worth about $256,000. Finally, Metropolitan Life Insurance Co. NY acquired a new position in shares of Alteryx during the 4th quarter worth about $192,000. 36.28% of the stock is owned by institutional investors.
Shares of Alteryx traded down $1.28, reaching $38.36, during trading hours on Wednesday, MarketBeat Ratings reports. The company had a trading volume of 31,609 shares, compared to its average volume of 1,065,464. The firm has a market capitalization of $2.39 billion, a PE ratio of -124.00 and a beta of -0.78. Alteryx Inc has a 12 month low of $18.20 and a 12 month high of $41.47.
Alteryx (NYSE:AYX) last issued its quarterly earnings results on Wednesday, May 9th. The company reported ($0.01) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.06. Alteryx had a negative return on equity of 8.69% and a negative net margin of 11.67%. The business had revenue of $42.82 million for the quarter, compared to analyst estimates of $39.86 million. During the same period last year, the company posted ($0.08) earnings per share. Alteryx’s quarterly revenue was up 50.0% compared to the same quarter last year. research analysts expect that Alteryx Inc will post -0.41 EPS for the current year.
Several equities analysts have recently issued reports on AYX shares. KeyCorp restated a “hold” rating on shares of Alteryx in a research report on Wednesday, May 9th. Needham & Company LLC boosted their price target on Alteryx from $39.00 to $43.00 and gave the stock a “buy” rating in a research report on Thursday, May 10th. Zacks Investment Research lowered Alteryx from a “hold” rating to a “sell” rating in a report on Monday, February 26th. ValuEngine upgraded Alteryx from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. Finally, JMP Securities increased their target price on Alteryx from $37.00 to $45.00 and gave the company an “outperform” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the stock. Alteryx presently has an average rating of “Buy” and a consensus target price of $36.57.
In related news, insider Langley P. Eide sold 37,100 shares of the business’s stock in a transaction dated Thursday, March 15th. The stock was sold at an average price of $36.26, for a total transaction of $1,345,246.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO Robert Scott Jones sold 6,076 shares of Alteryx stock in a transaction dated Friday, June 1st. The stock was sold at an average price of $33.82, for a total value of $205,490.32. The disclosure for this sale can be found here. Over the last quarter, insiders bought 620,000 shares of company stock valued at $21,349,000 and sold 283,545 shares valued at $9,824,515. 39.01% of the stock is currently owned by insiders.
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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