Clearbridge Investments LLC Invests $249,000 in Alteryx, Inc. (AYX)

Clearbridge Investments LLC acquired a new position in Alteryx, Inc. (NYSE:AYX) during the first quarter, according to its most recent filing with the SEC. The firm acquired 15,912 shares of the company’s stock, valued at approximately $249,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. SG Americas Securities LLC purchased a new stake in Alteryx during the first quarter valued at approximately $129,000. Wellington Management Group LLP acquired a new position in Alteryx during the first quarter valued at $286,000. Tygh Capital Management Inc. acquired a new position in Alteryx during the first quarter valued at $313,000. Weiss Multi Strategy Advisers LLC acquired a new position in Alteryx during the first quarter valued at $313,000. Finally, Ameriprise Financial Inc. acquired a new position in Alteryx during the first quarter valued at $438,000.

Shares of Alteryx, Inc. (NYSE:AYX) traded down 0.09% on Tuesday, reaching $22.77. 302,158 shares of the company were exchanged. The stock’s market capitalization is $1.33 billion. Alteryx, Inc. has a 1-year low of $14.61 and a 1-year high of $23.55. The company has a 50-day moving average price of $20.49 and a 200 day moving average price of $18.58.

Alteryx (NYSE:AYX) last released its quarterly earnings data on Wednesday, August 2nd. The company reported ($0.09) EPS for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.05. The company had revenue of $30.30 million during the quarter, compared to the consensus estimate of $29.33 million. The company’s revenue was up 52.3% compared to the same quarter last year. On average, analysts forecast that Alteryx, Inc. will post ($0.33) EPS for the current fiscal year.

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AYX has been the subject of several recent analyst reports. Goldman Sachs Group, Inc. (The) initiated coverage on shares of Alteryx in a research report on Tuesday, April 18th. They set a “buy” rating and a $20.00 price objective for the company. KeyCorp restated a “buy” rating and set a $22.00 price objective on shares of Alteryx in a research report on Thursday, June 1st. Zacks Investment Research upgraded shares of Alteryx from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research report on Tuesday. J P Morgan Chase & Co started coverage on shares of Alteryx in a research report on Tuesday, April 18th. They set a “neutral” rating and a $18.00 price target for the company. Finally, William Blair reiterated an “outperform” rating and set a $17.00 price target on shares of Alteryx in a research report on Tuesday, April 18th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $20.89.

In other Alteryx news, major shareholder Qualified Master Fund L. Abdiel acquired 163,072 shares of the business’s stock in a transaction dated Tuesday, June 27th. The stock was bought at an average cost of $19.86 per share, with a total value of $3,238,609.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Qualified Master Fund L. Abdiel bought 50,000 shares of the stock in a transaction dated Thursday, June 29th. The shares were purchased at an average price of $19.48 per share, for a total transaction of $974,000.00. The disclosure for this purchase can be found here. Insiders have purchased 486,740 shares of company stock valued at $9,987,726 over the last three months.

Alteryx Company Profile

Alteryx, Inc is a United States-based provider of self-service data analytics software. The Company offers various products, such as Alteryx Designer, Alteryx Server and Alteryx Analytics Gallery. Alteryx Designer is a repeatable workflow for self-service data analytics. Alteryx Designer allows data analysts by combining data preparation, data blending, and analytics-predictive, statistical and spatial-using the same user interface.

Institutional Ownership by Quarter for Alteryx (NYSE:AYX)

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