Alteryx, Inc. (NYSE:AYX) is Bares Capital Management Inc.’s 10th Largest Position

Bares Capital Management Inc. raised its position in Alteryx, Inc. (NYSE:AYXFree Report) by 9.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,361,169 shares of the company’s stock after purchasing an additional 209,650 shares during the period. Alteryx comprises about 3.8% of Bares Capital Management Inc.’s investment portfolio, making the stock its 10th largest position. Bares Capital Management Inc. owned about 3.32% of Alteryx worth $88,992,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hawk Ridge Capital Management LP purchased a new position in Alteryx in the second quarter valued at approximately $120,861,000. Marshall Wace LLP raised its holdings in Alteryx by 584.6% in the second quarter. Marshall Wace LLP now owns 1,651,269 shares of the company’s stock valued at $74,968,000 after buying an additional 1,410,065 shares during the period. Capital World Investors raised its holdings in Alteryx by 11.2% in the first quarter. Capital World Investors now owns 8,029,902 shares of the company’s stock valued at $574,379,000 after buying an additional 806,018 shares during the period. Fred Alger Management LLC purchased a new position in Alteryx in the third quarter valued at approximately $25,878,000. Finally, ING Groep NV purchased a new position in Alteryx in the third quarter valued at approximately $20,761,000. 72.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $48.25 price objective on shares of Alteryx in a research report on Friday, February 9th. DA Davidson assumed coverage on shares of Alteryx in a research report on Tuesday, November 14th. They issued a “neutral” rating and a $40.00 price objective for the company. Piper Sandler Companies increased their price objective on shares of Alteryx from $30.00 to $32.00 and gave the company an “underweight” rating in a research report on Tuesday, November 7th. Needham & Company LLC reissued a “hold” rating on shares of Alteryx in a research report on Monday, December 18th. Finally, Piper Sandler reissued a “neutral” rating and set a $48.25 price target on shares of Alteryx in a research report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $47.75.

Get Our Latest Stock Analysis on Alteryx

Insider Buying and Selling

In other news, Director Dean Stoecker bought 42,500 shares of the stock in a transaction that occurred on Thursday, February 15th. The shares were purchased at an average cost of $47.90 per share, with a total value of $2,035,750.00. Following the completion of the acquisition, the director now directly owns 77,500 shares in the company, valued at $3,712,250. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.56% of the stock is owned by corporate insiders.

Alteryx Price Performance

NYSE:AYX traded up $0.05 during mid-day trading on Wednesday, reaching $48.08. 1,076,698 shares of the stock were exchanged, compared to its average volume of 2,013,250. The business has a fifty day moving average price of $47.48 and a 200 day moving average price of $39.94. Alteryx, Inc. has a 1-year low of $27.92 and a 1-year high of $70.31. The company has a debt-to-equity ratio of 4.42, a current ratio of 1.45 and a quick ratio of 1.45.

About Alteryx

(Free Report)

Alteryx, Inc, together with its subsidiaries, operates in the analytics automation business in the United States and internationally. The company's analytics platform automates tasks for workers across the analytics value chain. Its analytics platform comprises Alteryx Designer, a data profiling, preparation, blending, and analytics product; Alteryx Server, a server-based product for scheduling, sharing, and running analytic processes and applications in a web-based environment; Alteryx Intelligence Suite, a solution that provides automated modeling, optical character recognition, and natural language processing; and Alteryx Connect, a collaborative data exploration platform.

Featured Stories

Institutional Ownership by Quarter for Alteryx (NYSE:AYX)

Receive News & Ratings for Alteryx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alteryx and related companies with MarketBeat.com's FREE daily email newsletter.