Alteryx Inc (NYSE:AYX) Director Eileen Schloss sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $73.20, for a total value of $219,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
NYSE:AYX opened at $72.00 on Friday. The company has a market cap of $4.41 billion, a price-to-earnings ratio of -360.00 and a beta of 1.10. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.64 and a quick ratio of 2.64. Alteryx Inc has a fifty-two week low of $30.45 and a fifty-two week high of $79.97.
Alteryx (NYSE:AYX) last released its earnings results on Wednesday, February 27th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The business had revenue of $60.50 million during the quarter, compared to the consensus estimate of $57.59 million. Alteryx had a negative net margin of 6.72% and a negative return on equity of 7.06%. The company’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.02 EPS. On average, sell-side analysts expect that Alteryx Inc will post 0.06 EPS for the current year.
Several research analysts have recently issued reports on AYX shares. Bank of America reaffirmed a “buy” rating and issued a $90.00 price objective (up previously from $72.00) on shares of Alteryx in a research note on Thursday, February 28th. Wedbush downgraded Alteryx from an “outperform” rating to a “neutral” rating and set a $68.75 price objective for the company. in a research note on Monday, February 11th. They noted that the move was a valuation call. Raymond James downgraded Alteryx from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 29th. They noted that the move was a valuation call. Citigroup set a $85.00 price objective on Alteryx and gave the company a “buy” rating in a research note on Friday, November 9th. Finally, Zacks Investment Research raised Alteryx from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Friday, November 9th. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Alteryx has an average rating of “Buy” and an average price target of $78.17.
Large investors have recently added to or reduced their stakes in the business. Rehmann Capital Advisory Group increased its position in Alteryx by 205.5% during the 4th quarter. Rehmann Capital Advisory Group now owns 611 shares of the company’s stock valued at $36,000 after purchasing an additional 411 shares during the period. Bessemer Group Inc. acquired a new stake in Alteryx during the 3rd quarter valued at approximately $140,000. Bank of Montreal Can increased its position in Alteryx by 7.9% during the 4th quarter. Bank of Montreal Can now owns 2,873 shares of the company’s stock valued at $172,000 after purchasing an additional 210 shares during the period. Ibex Investors LLC acquired a new stake in Alteryx during the 3rd quarter valued at approximately $201,000. Finally, LPL Financial LLC acquired a new stake in Alteryx during the 3rd quarter valued at approximately $224,000. 54.96% of the stock is owned by institutional investors and hedge funds.
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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