Alteryx Inc (NYSE:AYX) Director Jeff Horing sold 10,714 shares of the company’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $75.27, for a total value of $806,442.78. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

NYSE:AYX opened at $74.37 on Friday. Alteryx Inc has a 52-week low of $30.45 and a 52-week high of $79.97. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.71 and a quick ratio of 3.71. The stock has a market cap of $4.59 billion, a price-to-earnings ratio of -371.85, a P/E/G ratio of 87.97 and a beta of 1.07.

Alteryx (NYSE:AYX) last released its quarterly earnings results on Wednesday, February 27th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.01. Alteryx had a negative return on equity of 7.39% and a negative net margin of 8.74%. The business had revenue of $60.50 million during the quarter, compared to analyst estimates of $57.59 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. Alteryx’s revenue for the quarter was up 56.7% on a year-over-year basis. Equities research analysts predict that Alteryx Inc will post 0.06 EPS for the current year.

Several analysts have issued reports on the company. Wedbush lowered Alteryx from an “outperform” rating to a “neutral” rating and set a $68.75 price target for the company. in a report on Monday, February 11th. They noted that the move was a valuation call. Needham & Company LLC reissued a “buy” rating and set a $90.00 price target (up previously from $74.00) on shares of Alteryx in a report on Thursday, February 28th. Raymond James lowered Alteryx from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 29th. They noted that the move was a valuation call. Bank of America reissued a “buy” rating and set a $90.00 price target (up previously from $72.00) on shares of Alteryx in a report on Thursday, February 28th. Finally, Oppenheimer boosted their price target on Alteryx from $65.00 to $85.00 and gave the company an “outperform” rating in a report on Thursday, February 28th. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $78.17.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rehmann Capital Advisory Group boosted its stake in shares of Alteryx by 205.5% in the fourth quarter. Rehmann Capital Advisory Group now owns 611 shares of the company’s stock worth $36,000 after acquiring an additional 411 shares during the period. Bessemer Group Inc. bought a new position in shares of Alteryx in the third quarter worth about $140,000. Bank of Montreal Can boosted its stake in shares of Alteryx by 7.9% in the fourth quarter. Bank of Montreal Can now owns 2,873 shares of the company’s stock worth $172,000 after acquiring an additional 210 shares during the period. Ibex Investors LLC bought a new position in shares of Alteryx in the third quarter worth about $201,000. Finally, LPL Financial LLC bought a new position in shares of Alteryx in the third quarter worth about $224,000. 58.09% of the stock is owned by hedge funds and other institutional investors.

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About Alteryx

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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