Dean Stoecker Sells 40,000 Shares of Alteryx Inc (AYX) Stock

Alteryx Inc (NYSE:AYX) Chairman Dean Stoecker sold 40,000 shares of Alteryx stock in a transaction dated Thursday, September 13th. The stock was sold at an average price of $61.25, for a total value of $2,450,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Dean Stoecker also recently made the following trade(s):

  • On Friday, August 24th, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $55.45, for a total value of $2,218,000.00.
  • On Thursday, August 16th, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $53.61, for a total value of $2,144,400.00.
  • On Friday, July 27th, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $43.29, for a total value of $1,731,600.00.
  • On Monday, July 9th, Dean Stoecker sold 20,000 shares of Alteryx stock. The stock was sold at an average price of $40.12, for a total value of $802,400.00.
  • On Thursday, June 28th, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $36.33, for a total value of $1,453,200.00.

Shares of AYX stock opened at $60.55 on Friday. The company has a current ratio of 2.71, a quick ratio of 2.71 and a debt-to-equity ratio of 0.91. Alteryx Inc has a 52-week low of $18.64 and a 52-week high of $63.18.

Alteryx (NYSE:AYX) last issued its quarterly earnings data on Wednesday, August 8th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.01. The business had revenue of $46.80 million during the quarter, compared to analysts’ expectations of $43.79 million. Alteryx had a negative return on equity of 9.44% and a negative net margin of 9.44%. The company’s revenue for the quarter was up 54.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.09) EPS. analysts predict that Alteryx Inc will post -0.47 EPS for the current fiscal year.

AYX has been the subject of several analyst reports. Rosenblatt Securities initiated coverage on Alteryx in a report on Monday, July 9th. They issued a “buy” rating for the company. Citigroup initiated coverage on Alteryx in a report on Thursday, June 28th. They issued a “buy” rating and a $57.00 price objective for the company. KeyCorp reissued a “buy” rating on shares of Alteryx in a report on Wednesday, August 8th. Needham & Company LLC boosted their price objective on Alteryx from $43.00 to $51.00 and gave the company a “buy” rating in a report on Monday, August 6th. Finally, JMP Securities boosted their price objective on Alteryx from $45.00 to $52.00 and gave the company a “market outperform” rating in a report on Thursday, August 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $46.70.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AYX. NumerixS Investment Technologies Inc acquired a new position in Alteryx in the 2nd quarter worth about $130,000. Seven Eight Capital LP acquired a new position in Alteryx in the 1st quarter worth about $222,000. California Public Employees Retirement System acquired a new position in Alteryx in the 1st quarter worth about $256,000. Citigroup Inc. raised its holdings in Alteryx by 4,702.5% in the 1st quarter. Citigroup Inc. now owns 9,653 shares of the company’s stock worth $329,000 after purchasing an additional 9,452 shares during the period. Finally, Metropolitan Life Insurance Co. NY raised its holdings in Alteryx by 20.9% in the 2nd quarter. Metropolitan Life Insurance Co. NY now owns 9,182 shares of the company’s stock worth $350,000 after purchasing an additional 1,585 shares during the period. 42.94% of the stock is owned by institutional investors.

About Alteryx

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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