Advisor Group Inc. reduced its position in shares of Alteryx Inc (NYSE:AYX) by 58.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,719 shares of the company’s stock after selling 9,503 shares during the period. Advisor Group Inc.’s holdings in Alteryx were worth $732,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legal & General Group Plc raised its stake in shares of Alteryx by 3.4% in the fourth quarter. Legal & General Group Plc now owns 4,541 shares of the company’s stock valued at $270,000 after acquiring an additional 149 shares in the last quarter. Harbour Capital Advisors LLC raised its stake in shares of Alteryx by 5.1% in the second quarter. Harbour Capital Advisors LLC now owns 6,375 shares of the company’s stock valued at $696,000 after acquiring an additional 310 shares in the last quarter. Penserra Capital Management LLC raised its stake in shares of Alteryx by 70.7% in the first quarter. Penserra Capital Management LLC now owns 1,265 shares of the company’s stock valued at $106,000 after acquiring an additional 524 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Alteryx in the second quarter valued at $80,000. Finally, SeaCrest Wealth Management LLC raised its stake in shares of Alteryx by 22.1% in the second quarter. SeaCrest Wealth Management LLC now owns 4,700 shares of the company’s stock valued at $513,000 after acquiring an additional 850 shares in the last quarter. Institutional investors and hedge funds own 66.52% of the company’s stock.
In other Alteryx news, Director Timothy I. Maudlin sold 15,000 shares of the firm’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $86.07, for a total value of $1,291,050.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robert Scott Jones sold 1,599 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $86.03, for a total value of $137,561.97. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 182,006 shares of company stock worth $20,945,223. 19.82% of the stock is owned by insiders.
Alteryx stock opened at $139.94 on Tuesday. Alteryx Inc has a 1-year low of $42.23 and a 1-year high of $144.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.48 and a quick ratio of 1.48. The stock has a market cap of $8.94 billion, a PE ratio of -699.70, a P/E/G ratio of 56.53 and a beta of 1.24. The stock’s fifty day moving average is $125.75 and its two-hundred day moving average is $96.30.
Alteryx (NYSE:AYX) last posted its quarterly earnings results on Wednesday, July 31st. The company reported ($0.04) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.13) by $0.09. Alteryx had a negative return on equity of 1.93% and a negative net margin of 1.71%. The company had revenue of $82.04 million for the quarter, compared to analysts’ expectations of $76.60 million. During the same period last year, the firm earned ($0.09) earnings per share. Alteryx’s quarterly revenue was up 59.3% on a year-over-year basis. On average, research analysts expect that Alteryx Inc will post 0.14 earnings per share for the current fiscal year.
Several analysts have recently issued reports on AYX shares. Cowen increased their price objective on Alteryx from $112.00 to $137.00 and gave the company an “outperform” rating in a research note on Wednesday, June 26th. Bank of America increased their price objective on Alteryx from $126.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Oppenheimer increased their price objective on Alteryx from $93.00 to $120.00 and gave the company an “outperform” rating in a research note on Monday, June 17th. Needham & Company LLC increased their price objective on Alteryx from $120.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, July 30th. Finally, Wedbush increased their price objective on Alteryx from $93.00 to $123.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $120.16.
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.
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