Alteryx Inc (AYX) Chairman Sells $1,578,000.00 in Stock

Alteryx Inc (NYSE:AYX) Chairman Dean Stoecker sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 13th. The stock was sold at an average price of $39.45, for a total value of $1,578,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Dean Stoecker also recently made the following trade(s):

  • On Thursday, May 31st, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $33.46, for a total value of $1,338,400.00.
  • On Wednesday, May 16th, Dean Stoecker sold 20,000 shares of Alteryx stock. The stock was sold at an average price of $32.08, for a total value of $641,600.00.
  • On Friday, April 27th, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $31.71, for a total value of $1,268,400.00.
  • On Thursday, April 12th, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $33.99, for a total value of $1,359,600.00.
  • On Wednesday, March 28th, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $34.75, for a total value of $1,390,000.00.

Shares of Alteryx traded up $0.80, reaching $39.84, during trading on Thursday, Marketbeat reports. The company had a trading volume of 668,470 shares, compared to its average volume of 735,285. The firm has a market cap of $2.39 billion, a P/E ratio of -128.52 and a beta of -0.78. Alteryx Inc has a fifty-two week low of $18.20 and a fifty-two week high of $41.47.

Alteryx (NYSE:AYX) last released its earnings results on Wednesday, May 9th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.06. The business had revenue of $42.82 million for the quarter, compared to analyst estimates of $39.86 million. Alteryx had a negative return on equity of 8.69% and a negative net margin of 11.67%. The company’s revenue for the quarter was up 50.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.08) earnings per share. analysts expect that Alteryx Inc will post -0.41 earnings per share for the current fiscal year.

Several research firms have commented on AYX. JMP Securities lifted their price target on Alteryx from $37.00 to $45.00 and gave the stock an “outperform” rating in a research report on Tuesday. KeyCorp reaffirmed a “sector weight” rating on shares of Alteryx in a research report on Wednesday, March 14th. Needham & Company LLC lifted their price target on Alteryx from $39.00 to $43.00 and gave the stock a “buy” rating in a research report on Thursday, May 10th. Zacks Investment Research lowered Alteryx from a “hold” rating to a “sell” rating in a research report on Monday, February 26th. Finally, Cowen reaffirmed an “outperform” rating and set a $34.00 price target (up previously from $29.00) on shares of Alteryx in a research report on Thursday, February 22nd. One analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $36.57.

Several large investors have recently added to or reduced their stakes in AYX. Metropolitan Life Insurance Co. NY acquired a new position in shares of Alteryx in the fourth quarter valued at approximately $192,000. Seven Eight Capital LP acquired a new position in shares of Alteryx in the first quarter valued at approximately $222,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Alteryx in the fourth quarter valued at approximately $256,000. California Public Employees Retirement System acquired a new position in shares of Alteryx in the first quarter valued at approximately $256,000. Finally, MetLife Investment Advisors LLC acquired a new position in shares of Alteryx in the fourth quarter valued at approximately $279,000. 36.28% of the stock is currently owned by institutional investors and hedge funds.

Alteryx Company Profile

Alteryx, Inc operates a self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts. Its software platform includes Alteryx Designer for data preparation, blending, and analytics that could be deployable in the cloud and on premise; Alteryx Server, a secure and scalable 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; Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models to production; and Alteryx Analytics Gallery, a cloud-based collaboration offering that allows users to share workflows in a centralized repository.

Insider Buying and Selling by Quarter for Alteryx (NYSE:AYX)

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