Atom Investors LP trimmed its stake in Alteryx Inc (NYSE:AYX) by 1.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,162 shares of the company’s stock after selling 210 shares during the period. Atom Investors LP’s holdings in Alteryx were worth $3,312,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of AYX. Chicago Partners Investment Group LLC lifted its position in Alteryx by 34.0% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 6,976 shares of the company’s stock worth $1,163,000 after buying an additional 1,770 shares in the last quarter. Virtu Financial LLC acquired a new stake in Alteryx during the second quarter worth approximately $561,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Alteryx by 23.1% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,259 shares of the company’s stock worth $405,000 after purchasing an additional 800 shares during the period. California Public Employees Retirement System raised its holdings in shares of Alteryx by 15.0% during the 2nd quarter. California Public Employees Retirement System now owns 107,761 shares of the company’s stock worth $17,703,000 after buying an additional 14,031 shares in the last quarter. Finally, Swiss National Bank lifted its stake in Alteryx by 16.0% in the 2nd quarter. Swiss National Bank now owns 116,600 shares of the company’s stock valued at $19,155,000 after purchasing an additional 16,100 shares during the last quarter. Institutional investors and hedge funds own 75.37% of the company’s stock.
In related news, Director Timothy I. Maudlin sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $142.31, for a total transaction of $1,423,100.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Kevin Rubin sold 8,250 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $123.80, for a total value of $1,021,350.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 153,729 shares of company stock valued at $22,075,691. Insiders own 13.58% of the company’s stock.
A number of analysts have weighed in on AYX shares. Zacks Investment Research downgraded Alteryx from a “hold” rating to a “sell” rating in a report on Monday, August 31st. Guggenheim lowered Alteryx from a “buy” rating to a “neutral” rating in a report on Friday, August 7th. Oppenheimer reaffirmed a “buy” rating on shares of Alteryx in a research report on Friday, August 7th. TheStreet lowered Alteryx from a “c” rating to a “d+” rating in a report on Thursday, August 20th. Finally, Piper Sandler reduced their price target on shares of Alteryx from $195.00 to $185.00 and set an “overweight” rating for the company in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $149.14.
Alteryx stock traded down $5.42 during mid-day trading on Friday, reaching $111.57. 2,828,011 shares of the company were exchanged, compared to its average volume of 4,099,762. The business has a fifty day moving average of $139.85 and a 200 day moving average of $133.57. Alteryx Inc has a 12-month low of $75.17 and a 12-month high of $185.75. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.89 and a current ratio of 3.89. The firm has a market cap of $7.38 billion, a P/E ratio of -259.47, a PEG ratio of 91.39 and a beta of 1.07.
Alteryx (NYSE:AYX) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.14) by $0.16. Alteryx had a positive return on equity of 3.48% and a negative net margin of 5.66%. The company had revenue of $96.20 million for the quarter, compared to analyst estimates of $94.11 million. During the same quarter in the previous year, the company earned $0.01 EPS. The firm’s revenue for the quarter was up 17.3% compared to the same quarter last year. Sell-side analysts predict that Alteryx Inc will post 0.04 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.
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