Insider Selling: Alteryx, Inc. (AYX) SVP Sells 15,000 Shares of Stock

Alteryx, Inc. (NYSE:AYX) SVP Christopher M. Lal sold 15,000 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of $25.85, for a total value of $387,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of Alteryx, Inc. (NYSE AYX) traded up $1.06 on Wednesday, hitting $25.63. The stock had a trading volume of 558,400 shares, compared to its average volume of 373,264. Alteryx, Inc. has a fifty-two week low of $14.61 and a fifty-two week high of $27.58.

Alteryx (NYSE:AYX) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.10. Alteryx had a negative return on equity of 19.62% and a negative net margin of 18.68%. The business had revenue of $34.16 million during the quarter, compared to analysts’ expectations of $32.06 million. During the same quarter last year, the business posted ($0.07) EPS. The business’s quarterly revenue was up 52.1% compared to the same quarter last year. sell-side analysts expect that Alteryx, Inc. will post -0.33 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new position in Alteryx during the second quarter worth approximately $522,000. Goldman Sachs Group Inc. acquired a new position in Alteryx during the first quarter worth approximately $1,916,000. Capital World Investors increased its position in Alteryx by 16.9% during the second quarter. Capital World Investors now owns 1,444,433 shares of the company’s stock worth $28,195,000 after buying an additional 209,108 shares during the period. TIAA CREF Investment Management LLC acquired a new position in Alteryx during the second quarter worth approximately $477,000. Finally, Lord Abbett & CO. LLC grew its stake in shares of Alteryx by 64.6% in the 2nd quarter. Lord Abbett & CO. LLC now owns 330,090 shares of the company’s stock valued at $6,444,000 after purchasing an additional 129,591 shares during the last quarter. 28.29% of the stock is currently owned by institutional investors and hedge funds.

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

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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)

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