Stifel Financial Corp purchased a new position in Alteryx Inc (NYSE:AYX) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,427 shares of the company’s stock, valued at approximately $368,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Alteryx by 30.6% during the second quarter. Vanguard Group Inc. now owns 3,990,240 shares of the company’s stock valued at $435,414,000 after buying an additional 935,331 shares during the last quarter. Brown Capital Management LLC raised its position in shares of Alteryx by 15.2% in the 2nd quarter. Brown Capital Management LLC now owns 3,767,890 shares of the company’s stock valued at $411,152,000 after purchasing an additional 498,223 shares during the last quarter. BlackRock Inc. raised its position in shares of Alteryx by 4.4% in the 2nd quarter. BlackRock Inc. now owns 2,740,597 shares of the company’s stock valued at $299,053,000 after purchasing an additional 116,402 shares during the last quarter. Whale Rock Capital Management LLC raised its position in shares of Alteryx by 175.4% in the 2nd quarter. Whale Rock Capital Management LLC now owns 2,083,414 shares of the company’s stock valued at $227,342,000 after purchasing an additional 1,326,900 shares during the last quarter. Finally, State Street Corp raised its position in shares of Alteryx by 0.6% in the 3rd quarter. State Street Corp now owns 632,252 shares of the company’s stock valued at $67,923,000 after purchasing an additional 3,878 shares during the last quarter. Hedge funds and other institutional investors own 70.19% of the company’s stock.
In other news, insider Christopher M. Lal sold 4,428 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $97.10, for a total value of $429,958.80. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Dean Stoecker sold 30,000 shares of the stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $95.61, for a total value of $2,868,300.00. Following the transaction, the chief executive officer now owns 98,576 shares in the company, valued at $9,424,851.36. The disclosure for this sale can be found here. Insiders sold 109,303 shares of company stock worth $11,010,681 in the last three months. 19.82% of the stock is owned by corporate insiders.
Several equities analysts recently commented on the stock. DA Davidson decreased their price objective on shares of Alteryx from $123.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. Wedbush set a $126.00 price objective on shares of Alteryx and gave the stock a “buy” rating in a research note on Friday, November 1st. Needham & Company LLC reiterated a “buy” rating and set a $140.00 target price on shares of Alteryx in a research report on Tuesday, November 19th. Piper Jaffray Companies began coverage on Alteryx in a research report on Monday, November 25th. They set a “neutral” rating and a $112.00 target price on the stock. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered Alteryx from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd. Seven analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $120.72.
NYSE:AYX opened at $102.84 on Monday. The stock’s 50 day simple moving average is $102.51 and its 200-day simple moving average is $112.52. Alteryx Inc has a 12-month low of $56.24 and a 12-month high of $147.79. The firm has a market cap of $6.69 billion, a P/E ratio of -514.20, a PEG ratio of 9.98 and a beta of 1.08. The company has a current ratio of 5.22, a quick ratio of 5.22 and a debt-to-equity ratio of 1.69.
Alteryx (NYSE:AYX) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.15. The firm had revenue of $103.40 million for the quarter, compared to analyst estimates of $90.42 million. Alteryx had a positive return on equity of 1.09% and a negative net margin of 3.31%. Alteryx’s quarterly revenue was up 65.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.08 earnings per share. Research analysts forecast that Alteryx Inc will post 0.26 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.
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