Selz Capital LLC bought a new position in Alteryx Inc (NYSE:AYX) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 54,000 shares of the company’s stock, valued at approximately $5,403,000. Selz Capital LLC owned 0.08% of Alteryx as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of AYX. Whale Rock Capital Management LLC grew its holdings in shares of Alteryx by 175.4% during the second quarter. Whale Rock Capital Management LLC now owns 2,083,414 shares of the company’s stock worth $227,342,000 after buying an additional 1,326,900 shares in the last quarter. Vanguard Group Inc. raised its position in Alteryx by 30.6% in the 2nd 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. Invesco Ltd. raised its position in Alteryx by 162.9% in the 2nd quarter. Invesco Ltd. now owns 584,092 shares of the company’s stock valued at $63,736,000 after buying an additional 361,959 shares during the last quarter. First Trust Advisors LP raised its position in Alteryx by 298.5% in the 3rd quarter. First Trust Advisors LP now owns 461,822 shares of the company’s stock valued at $49,614,000 after buying an additional 345,925 shares during the last quarter. Finally, Corvex Management LP acquired a new stake in Alteryx in the 2nd quarter valued at approximately $35,791,000. Institutional investors own 70.19% of the company’s stock.
Several research analysts have weighed in on AYX shares. Wedbush set a $126.00 price target on Alteryx and gave the stock a “buy” rating in a research report on Friday, November 1st. Needham & Company LLC reissued a “buy” rating and issued a $140.00 price objective on shares of Alteryx in a report on Tuesday, November 19th. DA Davidson decreased their target price on shares of Alteryx from $123.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. Piper Jaffray Companies initiated coverage on shares of Alteryx in a 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, ValuEngine raised shares of Alteryx from a “sell” rating to a “hold” rating in a research report on Wednesday, November 13th. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Alteryx currently has an average rating of “Buy” and an average target price of $120.72.
Shares of AYX stock traded up $2.06 on Thursday, reaching $126.81. The stock had a trading volume of 28,846 shares, compared to its average volume of 1,123,572. The company has a quick ratio of 5.22, a current ratio of 5.22 and a debt-to-equity ratio of 1.69. The firm’s 50-day moving average is $106.89 and its two-hundred day moving average is $113.15. The firm has a market capitalization of $8.21 billion, a price-to-earnings ratio of -634.78, a P/E/G ratio of 7.32 and a beta of 1.00. Alteryx Inc has a 12 month low of $64.52 and a 12 month high of $147.79.
Alteryx (NYSE:AYX) last issued its earnings results on Thursday, October 31st. The company reported $0.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.15. The company had revenue of $103.40 million for the quarter, compared to analysts’ expectations of $90.42 million. Alteryx had a negative net margin of 3.31% and a positive return on equity of 1.09%. Alteryx’s quarterly revenue was up 65.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.08 EPS. On average, sell-side analysts forecast that Alteryx Inc will post 0.26 earnings per share 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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