California State Teachers Retirement System grew its position in shares of Alteryx (NYSE:AYX) by 153.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,027 shares of the company’s stock after buying an additional 22,427 shares during the period. California State Teachers Retirement System owned approximately 0.06% of Alteryx worth $936,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in Alteryx by 262.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 194,300 shares of the company’s stock worth $3,970,000 after buying an additional 140,700 shares during the period. Bank of New York Mellon Corp increased its position in Alteryx by 28.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 34,354 shares of the company’s stock worth $699,000 after buying an additional 7,597 shares during the period. Engineers Gate Manager LP bought a new position in Alteryx during the 3rd quarter worth $945,000. Suntrust Banks Inc. increased its position in Alteryx by 22.1% during the 4th quarter. Suntrust Banks Inc. now owns 32,121 shares of the company’s stock worth $811,000 after buying an additional 5,816 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in Alteryx by 317.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 107,401 shares of the company’s stock worth $2,714,000 after buying an additional 81,701 shares during the period. Hedge funds and other institutional investors own 33.12% of the company’s stock.
Several research firms have weighed in on AYX. Zacks Investment Research upgraded Alteryx from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a research report on Tuesday, January 9th. KeyCorp reissued a “sector weight” rating on shares of Alteryx in a report on Wednesday, March 14th. Goldman Sachs lowered Alteryx from a “buy” rating to a “neutral” rating and set a $29.00 target price on the stock. in a report on Wednesday, January 31st. Cowen reissued an “outperform” rating and set a $34.00 target price (up from $29.00) on shares of Alteryx in a report on Thursday, February 22nd. Finally, Bank of America increased their target price on Alteryx from $28.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $25.80.
Alteryx (NYSE:AYX) last released its quarterly earnings data on Wednesday, February 21st. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.05. The business had revenue of $38.60 million for the quarter, compared to analyst estimates of $35.89 million. Alteryx had a negative return on equity of 8.51% and a negative net margin of 13.30%. Alteryx’s revenue was up 54.6% compared to the same quarter last year. During the same period last year, the firm posted ($0.11) earnings per share. research analysts anticipate that Alteryx will post -0.41 earnings per share for the current year.
In related news, CEO Dean Stoecker sold 20,000 shares of the firm’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $28.16, for a total value of $563,200.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CRO Robert Scott Jones sold 40,226 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $33.88, for a total value of $1,362,856.88. The disclosure for this sale can be found here. Insiders sold 309,552 shares of company stock worth $10,309,587 over the last ninety days.
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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.
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