Riverhead Capital Management LLC acquired a new position in shares of Alteryx Inc (NYSE:AYX) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 976 shares of the company’s stock, valued at approximately $107,000.
Several other large investors have also recently bought and sold shares of AYX. Geode Capital Management LLC grew its holdings in shares of Alteryx by 10.6% during the fourth quarter. Geode Capital Management LLC now owns 315,195 shares of the company’s stock worth $18,743,000 after buying an additional 30,139 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Alteryx by 19.3% during the first quarter. Janney Montgomery Scott LLC now owns 8,994 shares of the company’s stock worth $754,000 after buying an additional 1,455 shares in the last quarter. Victory Capital Management Inc. bought a new position in Alteryx in the first quarter valued at approximately $14,148,000. California Public Employees Retirement System grew its stake in Alteryx by 88.3% in the first quarter. California Public Employees Retirement System now owns 36,496 shares of the company’s stock valued at $3,061,000 after purchasing an additional 17,113 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Alteryx by 103.5% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 12,363 shares of the company’s stock valued at $1,037,000 after purchasing an additional 6,289 shares in the last quarter. Institutional investors and hedge funds own 70.18% of the company’s stock.
In other news, Chairman Dean Stoecker sold 76,289 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $130.75, for a total value of $9,974,786.75. Following the completion of the sale, the chairman now directly owns 98,229 shares of the company’s stock, valued at $12,843,441.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Robert Scott Jones sold 1,599 shares of the firm’s stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of $114.06, for a total value of $182,381.94. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 139,858 shares of company stock valued at $18,159,646. Insiders own 19.82% of the company’s stock.
A number of research analysts have weighed in on the company. William Blair restated an “outperform” rating on shares of Alteryx in a research note on Wednesday, July 31st. Needham & Company LLC raised their price target on Alteryx from $120.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, July 30th. Wedbush raised their price target on Alteryx from $93.00 to $123.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. Oppenheimer raised their price target on Alteryx from $93.00 to $120.00 and gave the company an “outperform” rating in a research note on Monday, June 17th. Finally, Cowen raised their price target on Alteryx from $112.00 to $137.00 and gave the company an “outperform” rating in a research note on Wednesday, June 26th. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $120.16.
Shares of AYX traded down $1.83 during mid-day trading on Friday, reaching $112.17. The company’s stock had a trading volume of 2,208,083 shares, compared to its average volume of 1,483,346. Alteryx Inc has a 1-year low of $42.23 and a 1-year high of $147.79. The stock has a market cap of $7.16 billion, a P/E ratio of -560.85, a PEG ratio of 45.29 and a beta of 1.14. The business has a 50-day simple moving average of $132.44 and a two-hundred day simple moving average of $101.87. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.09.
Alteryx (NYSE:AYX) last released its quarterly earnings data on Wednesday, July 31st. The company reported ($0.04) earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $76.60 million. During the same period last year, the firm posted ($0.09) earnings per share. The business’s revenue was up 59.3% on a year-over-year basis. Research analysts anticipate that Alteryx Inc will post 0.14 EPS for the current 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.
Further Reading: What does the Producer Price Index (PPI) tell investors?
Want to see what other hedge funds are holding AYX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alteryx Inc (NYSE:AYX).
Receive News & Ratings for Alteryx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alteryx and related companies with MarketBeat.com's FREE daily email newsletter.