State Board of Administration of Florida Retirement System raised its stake in shares of Alteryx Inc (NYSE:AYX) by 5.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 51,663 shares of the company’s stock after acquiring an additional 2,560 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Alteryx were worth $5,170,000 as of its most recent filing with the SEC.
Several other large investors also recently bought and sold shares of the company. Capital Investment Advisory Services LLC bought a new stake in Alteryx in the third quarter valued at about $35,000. Valeo Financial Advisors LLC acquired a new position in Alteryx in the third quarter valued at about $54,000. Focused Wealth Management Inc acquired a new position in Alteryx in the third quarter valued at about $64,000. Baldwin Brothers Inc. MA acquired a new position in Alteryx in the fourth quarter valued at about $60,000. Finally, Tower Research Capital LLC TRC acquired a new position in Alteryx in the third quarter valued at about $70,000. Institutional investors own 70.35% of the company’s stock.
In related news, CEO Dean Stoecker sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $95.61, for a total transaction of $2,868,300.00. Following the completion of the sale, the chief executive officer now directly owns 98,576 shares of the company’s stock, valued at $9,424,851.36. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CRO Robert Scott Jones sold 4,166 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $112.84, for a total transaction of $470,091.44. The disclosure for this sale can be found here. Over the last three months, insiders have sold 130,515 shares of company stock valued at $14,316,177. 19.82% of the stock is currently owned by insiders.
Alteryx (NYSE:AYX) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.64 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.43. The business had revenue of $156.45 million during the quarter, compared to the consensus estimate of $131.00 million. Alteryx had a negative net margin of 3.31% and a positive return on equity of 1.09%. On average, research analysts anticipate that Alteryx Inc will post 0.26 earnings per share for the current year.
A number of brokerages have recently issued reports on AYX. Cowen upped their target price on shares of Alteryx from $147.00 to $165.00 and gave the stock an “outperform” rating in a research report on Friday. Zacks Investment Research upgraded shares of Alteryx from a “hold” rating to a “strong-buy” rating and set a $167.00 target price on the stock in a research report on Wednesday, February 5th. Bank of America reiterated a “buy” rating and set a $160.00 target price on shares of Alteryx in a research report on Friday. Piper Sandler upped their target price on shares of Alteryx from $144.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Rosenblatt Securities upped their target price on shares of Alteryx from $97.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $137.15.
Alteryx, Inc operates a self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts, data scientists, and citizen data scientists worldwide. Its software platform includes Alteryx Designer, a data profiling, preparation, blending, and analytics product used to create visual workflows or analytic processes; Alteryx Server, a 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; and Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models into real-time production applications.
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