Kevin Rubin Sells 40,000 Shares of Alteryx, Inc. (AYX) Stock

Alteryx, Inc. (NYSE:AYX) CFO Kevin Rubin sold 40,000 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $25.99, for a total transaction of $1,039,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Alteryx, Inc. (AYX) opened at $25.63 on Wednesday. Alteryx, Inc. has a 12 month low of $14.61 and a 12 month high of $27.58.

Alteryx (NYSE:AYX) last released its earnings results on Thursday, November 9th. The company reported $0.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.10. Alteryx had a negative net margin of 18.68% and a negative return on equity of 19.62%. The business had revenue of $34.16 million for the quarter, compared to analyst estimates of $32.06 million. During the same period last year, the company posted ($0.07) EPS. The business’s revenue was up 52.1% on a year-over-year basis. equities research analysts anticipate that Alteryx, Inc. will post -0.33 earnings per share for the current fiscal year.

A number of research analysts recently weighed in on AYX shares. Zacks Investment Research raised shares of Alteryx from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research note on Tuesday, August 8th. Bank of America started coverage on shares of Alteryx in a research note on Monday, October 16th. They issued a “buy” rating and a $26.00 price target on the stock. Finally, KeyCorp reaffirmed a “buy” rating and issued a $24.00 price target on shares of Alteryx in a research note on Friday, September 22nd. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $21.70.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Nationwide Fund Advisors acquired a new stake in shares of Alteryx during the 2nd quarter worth approximately $100,000. Tower Research Capital LLC TRC acquired a new stake in shares of Alteryx during the 2nd quarter worth approximately $117,000. The Manufacturers Life Insurance Company increased its holdings in shares of Alteryx by 685.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,853 shares of the company’s stock worth $154,000 after buying an additional 6,853 shares during the last quarter. New York State Common Retirement Fund acquired a new stake in shares of Alteryx during the 2nd quarter worth approximately $187,000. Finally, Invictus RG acquired a new stake in shares of Alteryx during the 3rd quarter worth approximately $202,000. Institutional investors and hedge funds own 28.29% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This piece of content was originally posted by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece of content can be viewed at https://stocknewstimes.com/2017/12/06/alteryx-inc-ayx-cfo-kevin-rubin-sells-40000-shares.html.

About Alteryx

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.

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

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

Latest News

Leave a Reply