Alteryx Inc (NYSE:AYX) major shareholder Insight Venture Partners Viii, sold 595,500 shares of the stock in a transaction on Monday, August 13th. The stock was sold at an average price of $55.62, for a total value of $33,121,710.00. Following the completion of the transaction, the insider now owns 930,005 shares in the company, valued at $51,726,878.10. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Shares of NYSE:AYX opened at $54.64 on Friday. The company has a current ratio of 2.71, a quick ratio of 2.71 and a debt-to-equity ratio of 0.91. Alteryx Inc has a 1-year low of $18.64 and a 1-year high of $57.43. The firm has a market cap of $3.34 billion, a price-to-earnings ratio of -175.13 and a beta of -0.90.

Alteryx (NYSE:AYX) last issued its quarterly earnings data on Wednesday, August 8th. The company reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.01. Alteryx had a negative return on equity of 9.44% and a negative net margin of 9.44%. The business had revenue of $46.80 million for the quarter, compared to analysts’ expectations of $43.79 million. During the same period last year, the business earned ($0.09) EPS. The business’s revenue was up 54.5% on a year-over-year basis. sell-side analysts forecast that Alteryx Inc will post -0.43 earnings per share for the current year.

A number of equities analysts recently issued reports on the company. Zacks Investment Research cut Alteryx from a “hold” rating to a “sell” rating in a report on Tuesday. Needham & Company LLC increased their target price on Alteryx from $51.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday. Oppenheimer increased their target price on Alteryx from $48.00 to $56.00 and gave the stock an “outperform” rating in a report on Thursday, August 9th. DA Davidson raised their price objective on Alteryx to $52.00 and gave the company a “neutral” rating in a research note on Thursday, August 9th. Finally, Citigroup raised their price objective on Alteryx from $57.00 to $61.00 and gave the company a “buy” rating in a research note on Thursday, August 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $46.70.

Large investors have recently modified their holdings of the business. NumerixS Investment Technologies Inc bought a new position in Alteryx during the 2nd quarter valued at $130,000. Seven Eight Capital LP bought a new stake in shares of Alteryx during the 1st quarter worth $222,000. California Public Employees Retirement System bought a new stake in shares of Alteryx during the 1st quarter worth $256,000. Metropolitan Life Insurance Co. NY bought a new stake in shares of Alteryx during the 4th quarter worth $192,000. Finally, Commerzbank Aktiengesellschaft FI bought a new stake in shares of Alteryx during the 2nd quarter worth $362,000. Institutional investors and hedge funds own 36.70% of the company’s stock.

Alteryx Company 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. Its software platform includes Alteryx Designer for data preparation, blending, and analytics that could be deployable in the cloud and on premise; Alteryx Server, a secure and scalable 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; Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models to production; and Alteryx Analytics Gallery, a cloud-based collaboration offering that allows users to share workflows in a centralized repository.

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