Christopher M. Lal Acquires 9,156 Shares of Alteryx, Inc. (NYSE:AYX) Stock

Alteryx, Inc. (NYSE:AYXGet Free Report) insider Christopher M. Lal purchased 9,156 shares of the firm’s stock in a transaction on Friday, March 8th. The shares were purchased at an average cost of $48.16 per share, with a total value of $440,952.96. Following the completion of the transaction, the insider now owns 118,001 shares of the company’s stock, valued at approximately $5,682,928.16. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Alteryx Stock Performance

NYSE:AYX traded up $0.07 during midday trading on Monday, hitting $48.23. The company’s stock had a trading volume of 4,508,893 shares, compared to its average volume of 1,966,658. Alteryx, Inc. has a fifty-two week low of $27.92 and a fifty-two week high of $59.65. The firm’s 50 day moving average is $47.62 and its 200-day moving average is $41.01. The company has a debt-to-equity ratio of 4.42, a current ratio of 1.45 and a quick ratio of 1.45. The firm has a market cap of $3.49 billion, a P/E ratio of -18.55 and a beta of 0.49.

Alteryx (NYSE:AYXGet Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.67. The company had revenue of $351.00 million for the quarter, compared to the consensus estimate of $337.67 million. Alteryx had a negative net margin of 18.46% and a negative return on equity of 118.87%. Equities analysts anticipate that Alteryx, Inc. will post -1.37 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Citigroup reaffirmed a “neutral” rating and issued a $48.25 price objective on shares of Alteryx in a research report on Tuesday, December 19th. 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. 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. Needham & Company LLC reaffirmed a “hold” rating on shares of Alteryx in a research report on Monday, December 18th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $60.00 price objective on shares of Alteryx in a research report on Monday, February 5th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $47.75.

Check Out Our Latest Research Report on Alteryx

Hedge Funds Weigh In On Alteryx

Several institutional investors have recently made changes to their positions in AYX. Ancora Advisors LLC purchased a new position in shares of Alteryx during the 1st quarter valued at approximately $29,000. Fortis Capital Advisors LLC purchased a new stake in Alteryx in the 1st quarter worth $36,000. Coppell Advisory Solutions Corp. purchased a new stake in Alteryx in the 4th quarter worth $54,000. PNC Financial Services Group Inc. increased its holdings in Alteryx by 165.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,482 shares of the company’s stock worth $56,000 after acquiring an additional 924 shares in the last quarter. Finally, CWM LLC increased its holdings in Alteryx by 32.1% in the 3rd quarter. CWM LLC now owns 1,638 shares of the company’s stock worth $62,000 after acquiring an additional 398 shares in the last quarter. 72.37% of the stock is owned by hedge funds and other institutional investors.

About Alteryx

(Get 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.

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