Northern Trust Corp increased its stake in shares of Alteryx Inc (NYSE:AYX) by 7.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 412,148 shares of the company’s stock after purchasing an additional 28,876 shares during the quarter. Northern Trust Corp owned approximately 0.66% of Alteryx worth $44,973,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Neuburgh Advisers LLC increased its position in Alteryx by 353.3% during the 2nd quarter. Neuburgh Advisers LLC now owns 1,088 shares of the company’s stock worth $119,000 after purchasing an additional 848 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in Alteryx during the 2nd quarter worth approximately $7,857,000. Public Employees Retirement System of Ohio acquired a new position in Alteryx during the 2nd quarter worth approximately $1,659,000. Riverhead Capital Management LLC acquired a new position in Alteryx during the 2nd quarter worth approximately $107,000. Finally, Allen Investment Management LLC increased its position in Alteryx by 60.9% during the 2nd quarter. Allen Investment Management LLC now owns 5,466 shares of the company’s stock worth $596,000 after purchasing an additional 2,069 shares in the last quarter. Institutional investors and hedge funds own 69.77% of the company’s stock.

A number of equities analysts recently issued reports on AYX shares. KeyCorp upped their price objective on shares of Alteryx from $123.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. ValuEngine cut shares of Alteryx from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Oppenheimer upped their price target on shares of Alteryx from $93.00 to $120.00 and gave the company an “outperform” rating in a research report on Monday, June 17th. Rosenblatt Securities began coverage on shares of Alteryx in a research report on Wednesday, August 21st. They issued a “neutral” rating and a $137.00 price target for the company. Finally, Citigroup set a $153.00 price target on shares of Alteryx and gave the company a “buy” rating in a research report on Friday, July 26th. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $120.16.

In related news, insider Robert Scott Jones sold 4,167 shares of the stock in a transaction on Monday, July 1st. The shares were sold at an average price of $110.96, for a total transaction of $462,370.32. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Kevin Rubin sold 13,000 shares of the stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of $117.98, for a total transaction of $1,533,740.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 145,698 shares of company stock worth $18,816,004. 19.82% of the stock is owned by insiders.

Shares of AYX traded up $2.14 during trading hours on Friday, hitting $119.38. 39,760 shares of the stock were exchanged, compared to its average volume of 1,679,896. Alteryx Inc has a fifty-two week low of $42.23 and a fifty-two week high of $147.79. 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 business has a 50-day moving average of $131.66 and a 200-day moving average of $103.03. The firm has a market capitalization of $7.37 billion, a P/E ratio of -599.70, a price-to-earnings-growth ratio of 46.61 and a beta of 1.14.

Alteryx (NYSE:AYX) last posted its quarterly earnings data on Wednesday, July 31st. The company reported ($0.04) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.09. Alteryx had a negative net margin of 1.71% and a negative return on equity of 1.93%. The company had revenue of $82.04 million during the quarter, compared to analysts’ expectations of $76.60 million. During the same period in the prior year, the company posted ($0.09) earnings per share. Alteryx’s revenue for the quarter was up 59.3% compared to the same quarter last year. As a group, analysts forecast that Alteryx Inc will post 0.15 earnings per share for the current fiscal year.

Alteryx Profile

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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Institutional Ownership by Quarter for Alteryx (NYSE:AYX)

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