Insider Selling: Alteryx (AYX) Insider Sells 37,100 Shares of Stock

Alteryx (NYSE:AYX) insider Langley P. Eide sold 37,100 shares of the business’s stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $36.26, for a total transaction of $1,345,246.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

AYX opened at $32.56 on Monday. The stock has a market capitalization of $1,926.41 and a PE ratio of -105.03. Alteryx has a 1-year low of $14.79 and a 1-year high of $38.88.

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Alteryx (NYSE:AYX) last released its earnings results 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 company had revenue of $38.60 million during the quarter, compared to the consensus estimate of $35.89 million. During the same quarter in the previous year, the firm earned ($0.11) EPS. The company’s revenue was up 54.6% on a year-over-year basis. equities research analysts forecast that Alteryx will post -0.41 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in AYX. Keenan Capital LLC bought a new stake in shares of Alteryx during the 4th quarter valued at about $23,726,000. BlackRock Inc. grew its position in shares of Alteryx by 92.0% during the 4th quarter. BlackRock Inc. now owns 1,329,504 shares of the company’s stock valued at $33,596,000 after buying an additional 636,948 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Alteryx by 2,833.6% during the 2nd quarter. Vanguard Group Inc. now owns 586,718 shares of the company’s stock valued at $11,453,000 after buying an additional 566,718 shares during the last quarter. Citadel Advisors LLC grew its position in shares of Alteryx by 1,570.2% during the 3rd quarter. Citadel Advisors LLC now owns 354,954 shares of the company’s stock valued at $7,230,000 after buying an additional 333,702 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in shares of Alteryx during the 3rd quarter valued at about $6,620,000. 33.12% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have commented on AYX. Cowen reiterated an “outperform” rating and issued a $34.00 price objective (up previously from $29.00) on shares of Alteryx in a report on Thursday, February 22nd. Bank of America boosted their price objective on shares of Alteryx from $28.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, February 22nd. KeyCorp reiterated a “sector weight” rating on shares of Alteryx in a report on Wednesday, March 14th. Zacks Investment Research upgraded shares of Alteryx from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Tuesday, January 9th. Finally, Goldman Sachs lowered shares of Alteryx from a “buy” rating to a “neutral” rating and set a $29.00 price objective on the stock. in a report on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. Alteryx presently has a consensus rating of “Buy” and an average target price 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.

Insider Buying and Selling by Quarter for Alteryx (NYSE:AYX)

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