Rathbone Brothers plc purchased a new position in Alteryx, Inc. (NYSE:AYX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,000 shares of the company’s stock, valued at approximately $293,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. UBS Oconnor LLC purchased a new stake in Alteryx in the 1st quarter worth $656,000. TCW Group Inc. purchased a new stake in Alteryx in the 1st quarter worth $1,253,000. JPMorgan Chase & Co. purchased a new stake in Alteryx in the 1st quarter worth $1,560,000. Tudor Investment Corp ET AL purchased a new stake in Alteryx in the 1st quarter worth $2,087,000. Finally, Goldman Sachs Group Inc. purchased a new stake in Alteryx in the 1st quarter worth $1,916,000. 94.38% of the stock is owned by institutional investors.
Several equities research analysts recently commented on the stock. Zacks Investment Research raised shares of Alteryx from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a report on Wednesday, August 30th. Cowen and Company reaffirmed an “outperform” rating and set a $23.00 target price (up previously from $21.00) on shares of Alteryx in a research note on Thursday, August 3rd. Finally, KeyCorp reaffirmed an “overweight” rating and set a $24.00 target price (up previously from $22.00) on shares of Alteryx in a research note on Monday, June 12th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Alteryx presently has an average rating of “Buy” and a consensus price target of $20.89.
Shares of Alteryx, Inc. (NYSE AYX) opened at 19.53 on Friday. Alteryx, Inc. has a 52 week low of $14.61 and a 52 week high of $24.07. The firm’s 50-day moving average is $21.99 and its 200 day moving average is $19.37. The firm’s market cap is $1.15 billion.
Alteryx (NYSE:AYX) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.05. The firm had revenue of $30.30 million during the quarter, compared to analysts’ expectations of $29.33 million. The business’s quarterly revenue was up 52.3% compared to the same quarter last year. Equities research analysts forecast that Alteryx, Inc. will post ($0.33) EPS for the current year.
In other news, major shareholder Qualified Master Fund L. Abdiel purchased 163,072 shares of the company’s stock in a transaction dated Tuesday, June 27th. The stock was acquired at an average price of $19.86 per share, for a total transaction of $3,238,609.92. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Qualified Master Fund L. Abdiel purchased 166,168 shares of the company’s stock in a transaction dated Monday, August 7th. The stock was purchased at an average price of $22.06 per share, with a total value of $3,665,666.08. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 653,844 shares of company stock valued at $13,783,239.
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.
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