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.
ILLEGAL ACTIVITY NOTICE: “Clearbridge Investments LLC Invests $249,000 in Alteryx, Inc. (AYX)” was originally reported by Markets Daily and is the sole property of of Markets Daily. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.themarketsdaily.com/2017/08/08/15912-shares-in-alteryx-inc-ayx-acquired-by-clearbridge-investments-llc-updated-updated-updated.html.
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.
Receive News & Ratings for Alteryx Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alteryx Inc. and related companies with MarketBeat.com's FREE daily email newsletter.