Alteryx (AYX) Holdings Reduced by Driehaus Capital Management LLC

Driehaus Capital Management LLC trimmed its position in shares of Alteryx (NYSE:AYX) by 94.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 14,654 shares of the company’s stock after selling 255,586 shares during the quarter. Driehaus Capital Management LLC’s holdings in Alteryx were worth $370,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Nationwide Fund Advisors purchased a new stake in Alteryx during the 2nd quarter valued at about $100,000. Suntrust Banks Inc. grew its position in Alteryx by 22.1% during the 4th quarter. Suntrust Banks Inc. now owns 32,121 shares of the company’s stock valued at $811,000 after purchasing an additional 5,816 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Alteryx by 685.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,853 shares of the company’s stock valued at $154,000 after purchasing an additional 6,853 shares during the last quarter. Bank of New York Mellon Corp grew its position in Alteryx by 28.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 34,354 shares of the company’s stock valued at $699,000 after purchasing an additional 7,597 shares during the last quarter. Finally, New York State Common Retirement Fund purchased a new stake in Alteryx during the 2nd quarter valued at about $187,000. 33.12% of the stock is currently owned by institutional investors.

In other news, CEO Dean Stoecker sold 20,000 shares of the stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $28.16, for a total value of $563,200.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director John Bellizzi acquired 2,500 shares of the stock in a transaction dated Tuesday, March 13th. The stock was acquired at an average price of $36.00 per share, for a total transaction of $90,000.00. The disclosure for this purchase can be found here. Insiders sold a total of 309,552 shares of company stock worth $10,309,587 in the last quarter.

Shares of NYSE AYX traded down $1.74 during trading on Friday, reaching $32.56. 346,110 shares of the company traded hands, compared to its average volume of 439,138. Alteryx has a 52-week low of $14.79 and a 52-week high of $38.88. The company has a market cap of $2,029.36 and a PE ratio of -105.03.

Alteryx (NYSE:AYX) last issued its quarterly earnings data on Wednesday, February 21st. The company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.05. Alteryx had a negative net margin of 13.30% and a negative return on equity of 8.51%. The firm had revenue of $38.60 million for the quarter, compared to analysts’ expectations of $35.89 million. During the same quarter in the prior year, the business earned ($0.11) EPS. The business’s quarterly revenue was up 54.6% on a year-over-year basis. equities research analysts forecast that Alteryx will post -0.41 EPS for the current fiscal year.

Several brokerages recently commented on AYX. KeyCorp reissued a “sector weight” rating on shares of Alteryx in a research report on Wednesday, March 14th. Zacks Investment Research downgraded shares of Alteryx from a “hold” rating to a “sell” rating in a report on Monday, February 26th. Cowen reaffirmed an “outperform” rating and set a $34.00 price target (up previously from $29.00) on shares of Alteryx in a report on Thursday, February 22nd. Bank of America raised their price target on shares of Alteryx from $28.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. Finally, Goldman Sachs downgraded shares of Alteryx from a “buy” rating to a “neutral” rating and set a $29.00 price target on the stock. in a report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $25.80.

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Alteryx Company Profile

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.

Institutional Ownership by Quarter for Alteryx (NYSE:AYX)

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