Paloma Partners Management Co bought a new position in Alteryx Inc (NYSE:AYX) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 58,892 shares of the company’s stock, valued at approximately $6,426,000. Paloma Partners Management Co owned 0.09% of Alteryx as of its most recent filing with the SEC.
A number of other institutional investors have also recently modified their holdings of the stock. LA Financiere DE L Echiquier boosted its holdings in Alteryx by 0.3% in the 2nd quarter. LA Financiere DE L Echiquier now owns 63,123 shares of the company’s stock worth $6,888,000 after buying an additional 170 shares during the period. Parallel Advisors LLC boosted its holdings in shares of Alteryx by 83.6% during the 2nd quarter. Parallel Advisors LLC now owns 448 shares of the company’s stock valued at $49,000 after purchasing an additional 204 shares during the last quarter. Harbour Capital Advisors LLC boosted its holdings in shares of Alteryx by 5.1% during the 2nd quarter. Harbour Capital Advisors LLC now owns 6,375 shares of the company’s stock valued at $696,000 after purchasing an additional 310 shares during the last quarter. Pittenger & Anderson Inc. bought a new position in shares of Alteryx during the 2nd quarter valued at about $56,000. Finally, Penserra Capital Management LLC boosted its holdings in shares of Alteryx by 70.7% during the 1st quarter. Penserra Capital Management LLC now owns 1,265 shares of the company’s stock valued at $106,000 after purchasing an additional 524 shares during the last quarter. 69.77% of the stock is owned by institutional investors.
AYX has been the subject of several research reports. William Blair reissued an “outperform” rating on shares of Alteryx in a report on Wednesday, July 31st. Zacks Investment Research downgraded shares of Alteryx from a “strong-buy” rating to a “hold” rating in a report on Monday, August 5th. DA Davidson increased their price target on shares of Alteryx to $123.00 and gave the company a “neutral” rating in a report on Thursday, August 1st. Guggenheim began coverage on shares of Alteryx in a research report on Thursday, June 27th. They issued a “buy” rating and a $107.53 price objective on the stock. Finally, Compass Point began coverage on shares of Alteryx in a research report on Tuesday, August 13th. They issued a “buy” rating and a $150.00 price objective on the stock. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Alteryx currently has a consensus rating of “Buy” and a consensus price target of $120.16.
In other Alteryx news, insider Robert Scott Jones sold 4,167 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $110.96, for a total value of $462,370.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kevin Rubin sold 13,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $117.98, for a total transaction of $1,533,740.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 145,698 shares of company stock valued at $18,816,004. 19.82% of the stock is owned by insiders.
Shares of NYSE AYX traded down $0.06 during midday trading on Friday, reaching $117.18. 58,836 shares of the company’s stock traded hands, compared to its average volume of 1,679,896. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.09. The stock’s 50 day simple moving average is $131.66 and its 200-day simple moving average is $103.03. Alteryx Inc has a one year low of $42.23 and a one year high of $147.79. The company has a market cap of $7.37 billion, a price-to-earnings ratio of -585.55, a P/E/G ratio of 46.61 and a beta of 1.14.
Alteryx (NYSE:AYX) last released its quarterly earnings data on Wednesday, July 31st. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.13) by $0.09. Alteryx had a negative net margin of 1.71% and a negative return on equity of 1.93%. The firm had revenue of $82.04 million for the quarter, compared to the consensus estimate of $76.60 million. During the same period last year, the firm earned ($0.09) earnings per share. The company’s quarterly revenue was up 59.3% on a year-over-year basis. Equities analysts predict that Alteryx Inc will post 0.15 EPS for the current fiscal year.
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.
Recommended Story: How is a price target determined?
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.