Insider Selling: Alteryx Inc (NYSE:AYX) CFO Sells 13,000 Shares of Stock

Alteryx Inc (NYSE:AYX) CFO Kevin Rubin sold 13,000 shares of the firm’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of $99.46, for a total value of $1,292,980.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Kevin Rubin also recently made the following trade(s):

  • On Thursday, May 23rd, Kevin Rubin sold 10,000 shares of Alteryx stock. The stock was sold at an average price of $89.20, for a total value of $892,000.00.

Shares of AYX traded down $2.03 during trading hours on Tuesday, hitting $95.78. The stock had a trading volume of 1,947,993 shares, compared to its average volume of 1,152,381. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $6.04 billion, a P/E ratio of -478.90, a price-to-earnings-growth ratio of 40.97 and a beta of 1.06. Alteryx Inc has a 12-month low of $34.80 and a 12-month high of $106.25.

Alteryx (NYSE:AYX) last issued its earnings results on Wednesday, May 1st. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.14. The business had revenue of $76.02 million for the quarter, compared to analyst estimates of $71.41 million. Alteryx had a negative return on equity of 4.90% and a negative net margin of 2.84%. The business’s quarterly revenue was up 51.0% on a year-over-year basis. During the same period last year, the company posted ($0.01) EPS. Sell-side analysts predict that Alteryx Inc will post 0.17 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of AYX. Sageworth Trust Co purchased a new position in Alteryx in the first quarter valued at about $27,000. Rehmann Capital Advisory Group raised its position in Alteryx by 205.5% in the fourth quarter. Rehmann Capital Advisory Group now owns 611 shares of the company’s stock valued at $36,000 after purchasing an additional 411 shares during the period. Penserra Capital Management LLC raised its position in Alteryx by 70.7% in the first quarter. Penserra Capital Management LLC now owns 1,265 shares of the company’s stock valued at $106,000 after purchasing an additional 524 shares during the period. Bank of Montreal Can raised its position in Alteryx by 7.9% in the fourth quarter. Bank of Montreal Can now owns 2,873 shares of the company’s stock valued at $172,000 after purchasing an additional 210 shares during the period. Finally, Founders Financial Securities LLC purchased a new position in Alteryx in the first quarter valued at about $226,000. 64.24% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have recently issued reports on AYX. Bank of America restated a “buy” rating and set a $105.00 price objective (up previously from $90.00) on shares of Alteryx in a report on Thursday, May 2nd. Needham & Company LLC raised their price objective on Alteryx to $108.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Wedbush raised their price objective on Alteryx from $76.00 to $93.00 and gave the stock a “neutral” rating in a report on Thursday, May 2nd. JMP Securities raised their price objective on Alteryx from $84.00 to $96.00 and gave the stock a “market outperform” rating in a report on Thursday, May 2nd. Finally, Goldman Sachs Group began coverage on Alteryx in a report on Friday. They set a “buy” rating and a $111.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $91.85.

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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, 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.

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

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