Alkeon Capital Management LLC bought a new position in Alteryx (NYSE:AYX) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $632,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nationwide Fund Advisors acquired a new stake in shares of Alteryx in the 2nd quarter worth about $100,000. Metropolitan Life Insurance Co. NY acquired a new stake in shares of Alteryx in the 4th quarter worth about $192,000. The Manufacturers Life Insurance Company raised its holdings in shares of Alteryx by 685.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,853 shares of the company’s stock worth $154,000 after acquiring an additional 6,853 shares during the last quarter. New York State Common Retirement Fund acquired a new stake in shares of Alteryx in the 2nd quarter worth about $187,000. Finally, Invictus RG acquired a new stake in shares of Alteryx in the 3rd quarter worth about $202,000. Institutional investors own 33.12% of the company’s stock.

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In other Alteryx news, Chairman Dean Stoecker sold 40,000 shares of the stock in a transaction dated Friday, December 29th. The shares were sold at an average price of $25.62, for a total value of $1,024,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CRO Robert Scott Jones sold 40,226 shares of the stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $33.88, for a total transaction of $1,362,856.88. The disclosure for this sale can be found here. In the last quarter, insiders sold 329,552 shares of company stock valued at $10,461,787.

A number of equities research analysts recently weighed in on the stock. Cowen restated an “outperform” rating and issued a $34.00 target price (up previously from $29.00) on shares of Alteryx in a report on Thursday, February 22nd. Bank of America upped their target price 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 restated 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 target price 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 target price on the stock. in a report on Wednesday, January 31st. One 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 stock. The company presently has an average rating of “Buy” and an average price target of $25.80.

Shares of Alteryx stock opened at $37.76 on Thursday. The company has a market cap of $2,072.55 and a PE ratio of -87.81. Alteryx has a one year low of $14.61 and a one year high of $38.88.

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

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About Alteryx

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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Institutional Ownership by Quarter for Alteryx (NYSE:AYX)

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