Insider Selling: Alteryx Inc (NYSE:AYX) Chairman Sells 76,289 Shares of Stock

Alteryx Inc (NYSE:AYX) Chairman Dean Stoecker sold 76,289 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $130.75, for a total value of $9,974,786.75. Following the completion of the sale, the chairman now directly owns 98,229 shares in the company, valued at $12,843,441.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of AYX stock traded up $2.52 on Friday, hitting $133.77. 752,452 shares of the stock traded hands, compared to its average volume of 1,200,144. The firm has a market cap of $8.40 billion, a price-to-earnings ratio of -668.85, a PEG ratio of 53.76 and a beta of 1.24. Alteryx Inc has a 52 week low of $42.23 and a 52 week high of $136.34. The firm has a 50 day simple moving average of $120.27 and a two-hundred day simple moving average of $93.08. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.48 and a quick ratio of 1.48.

Alteryx (NYSE:AYX) last announced its quarterly earnings data on Wednesday, July 31st. The company reported ($0.04) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.13) by $0.09. The firm had revenue of $82.04 million for the quarter, compared to the consensus estimate of $76.60 million. Alteryx had a negative net margin of 1.71% and a negative return on equity of 1.93%. The company’s revenue was up 59.3% on a year-over-year basis. During the same period last year, the firm earned ($0.09) EPS. Sell-side analysts forecast that Alteryx Inc will post 0.14 EPS for the current year.



Several equities research analysts have commented on AYX shares. Needham & Company LLC boosted their target price on Alteryx from $120.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, July 30th. Zacks Investment Research cut shares of Alteryx from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 5th. KeyCorp increased their price objective on shares of Alteryx from $123.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, August 1st. Citigroup set a $153.00 price target on shares of Alteryx and gave the stock a “buy” rating in a research report on Friday, July 26th. Finally, William Blair reiterated an “outperform” rating on shares of Alteryx in a research report on Wednesday, July 31st. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Alteryx presently has a consensus rating of “Buy” and a consensus price target of $119.04.

A number of large investors have recently bought and sold shares of the business. Legal & General Group Plc raised its stake in Alteryx by 3.4% during the 4th quarter. Legal & General Group Plc now owns 4,541 shares of the company’s stock valued at $270,000 after purchasing an additional 149 shares during the period. LA Financiere DE L Echiquier raised its stake in Alteryx by 0.3% during the 2nd quarter. LA Financiere DE L Echiquier now owns 63,123 shares of the company’s stock valued at $6,888,000 after purchasing an additional 170 shares during the period. Parallel Advisors LLC raised its stake in Alteryx by 83.6% during the 2nd quarter. Parallel Advisors LLC now owns 448 shares of the company’s stock valued at $49,000 after purchasing an additional 204 shares during the period. Harbour Capital Advisors LLC raised its stake in Alteryx by 5.1% during the 2nd quarter. Harbour Capital Advisors LLC now owns 6,375 shares of the company’s stock valued at $696,000 after purchasing an additional 310 shares during the period. Finally, Pittenger & Anderson Inc. bought a new stake in Alteryx during the 2nd quarter valued at approximately $56,000. 64.32% of the stock is currently owned by institutional investors and hedge funds.

About Alteryx

Alteryx, Inc operates a self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts, data scientists, and citizen data scientists worldwide. Its software platform includes Alteryx Designer, a data profiling, preparation, blending, and analytics product used to create visual workflows or analytic processes; Alteryx Server, a 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; and Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models into real-time production applications.

Further Reading: How mutual funds make money

Insider Buying and Selling 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.