Alteryx, Inc. (NYSE:AYX) major shareholder Reuters Corp /Can/ Thomson sold 2,000,000 shares of the company’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $20.24, for a total value of $40,480,000.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Alteryx, Inc. (NYSE AYX) opened at 19.37 on Wednesday. The firm’s market capitalization is $1.14 billion. The firm has a 50-day moving average price of $21.94 and a 200 day moving average price of $19.38. Alteryx, Inc. has a 12 month low of $14.61 and a 12 month high of $24.07.
Alteryx (NYSE:AYX) last released its quarterly earnings results on Wednesday, August 2nd. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.05. The firm had revenue of $30.30 million during the quarter, compared to analyst estimates of $29.33 million. Alteryx’s revenue for the quarter was up 52.3% on a year-over-year basis. On average, equities analysts forecast that Alteryx, Inc. will post ($0.33) EPS for the current year.
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Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nationwide Fund Advisors acquired a new stake in shares of Alteryx in the 2nd quarter valued at about $100,000. Tower Research Capital LLC TRC acquired a new stake in shares of Alteryx in the 2nd quarter valued at about $117,000. The Manufacturers Life Insurance Company raised its stake in shares of Alteryx by 685.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,853 shares of the company’s stock valued at $154,000 after purchasing an additional 6,853 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Alteryx in the 1st quarter valued at about $129,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Alteryx in the 2nd quarter valued at about $187,000. 94.38% of the stock is currently owned by hedge funds and other institutional investors.
AYX has been the topic of several recent analyst reports. Zacks Investment Research raised Alteryx from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Tuesday, August 8th. KeyCorp reissued a “buy” rating and set a $22.00 price target on shares of Alteryx in a research report on Thursday, June 1st. Finally, Cowen and Company reissued an “outperform” rating and set a $23.00 price target (up from $21.00) on shares of Alteryx in a research report on Thursday, August 3rd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $20.89.
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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