Insider Selling: Alteryx, Inc. (AYX) CFO Sells $1,039,600.00 in Stock
Alteryx, Inc. (NYSE:AYX) CFO Kevin Rubin sold 40,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $25.99, for a total value of $1,039,600.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Alteryx, Inc. (NYSE:AYX) opened at $27.17 on Thursday. Alteryx, Inc. has a fifty-two week low of $14.61 and a fifty-two week high of $27.58.
Alteryx (NYSE:AYX) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.10. The business had revenue of $34.16 million for the quarter, compared to analyst estimates of $32.06 million. Alteryx had a negative return on equity of 19.62% and a negative net margin of 18.68%. The company’s quarterly revenue was up 52.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.07) earnings per share. equities analysts anticipate that Alteryx, Inc. will post -0.33 EPS for the current fiscal year.
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Several equities research analysts recently commented on the company. Zacks Investment Research upgraded Alteryx from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research report on Tuesday, September 5th. KeyCorp restated an “overweight” rating and set a $29.00 target price (up previously from $24.00) on shares of Alteryx in a research report on Thursday, November 9th. Bank of America Corporation assumed coverage on Alteryx in a research report on Monday, October 16th. They set a “buy” rating and a $26.00 target price on the stock. Finally, Cowen and Company restated an “outperform” rating and set a $23.00 target price (up previously from $21.00) on shares of Alteryx in a research report on Thursday, August 3rd. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $21.70.
A number of large investors have recently made changes to their positions in AYX. Abdiel Capital Advisors LP bought a new position in Alteryx in the second quarter worth approximately $24,460,000. Vanguard Group Inc. boosted its holdings in Alteryx by 2,833.6% in the second quarter. Vanguard Group Inc. now owns 586,718 shares of the company’s stock worth $11,453,000 after acquiring an additional 566,718 shares in the last quarter. FMR LLC bought a new position in Alteryx in the first quarter worth approximately $6,400,000. Citadel Advisors LLC boosted its holdings in Alteryx by 1,570.2% in the third quarter. Citadel Advisors LLC now owns 354,954 shares of the company’s stock worth $7,230,000 after acquiring an additional 333,702 shares in the last quarter. Finally, Tygh Capital Management Inc. boosted its holdings in Alteryx by 1,668.0% in the second quarter. Tygh Capital Management Inc. now owns 353,590 shares of the company’s stock worth $6,902,000 after acquiring an additional 333,590 shares in the last quarter. Institutional investors and hedge funds own 18.53% of the company’s stock.
Alteryx, Inc is a United States-based provider of self-service data analytics software. The Company offers various products, such as Alteryx Designer, Alteryx Server and Alteryx Analytics Gallery. Alteryx Designer is a repeatable workflow for self-service data analytics. Alteryx Designer allows data analysts by combining data preparation, data blending, and analytics-predictive, statistical and spatial-using the same user interface.
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