Point72 Asset Management L.P. Purchases New Position in Alteryx Inc (AYX)

Point72 Asset Management L.P. purchased a new stake in Alteryx Inc (NYSE:AYX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 331,483 shares of the company’s stock, valued at approximately $12,649,000. Point72 Asset Management L.P. owned approximately 0.55% of Alteryx at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of AYX. Schwab Charles Investment Management Inc. boosted its stake in shares of Alteryx by 5.4% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 49,010 shares of the company’s stock valued at $1,674,000 after purchasing an additional 2,500 shares in the last quarter. BlackRock Inc. raised its holdings in Alteryx by 3.2% in the 1st quarter. BlackRock Inc. now owns 1,371,877 shares of the company’s stock valued at $46,836,000 after buying an additional 42,373 shares during the last quarter. Tygh Capital Management Inc. bought a new position in Alteryx in the 1st quarter valued at approximately $3,769,000. Spark Investment Management LLC raised its holdings in Alteryx by 631.6% in the 1st quarter. Spark Investment Management LLC now owns 192,400 shares of the company’s stock valued at $6,568,000 after buying an additional 166,100 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Alteryx by 5.7% in the 1st quarter. JPMorgan Chase & Co. now owns 276,156 shares of the company’s stock valued at $9,428,000 after buying an additional 14,980 shares during the last quarter. Institutional investors own 42.94% of the company’s stock.

Alteryx stock opened at $60.55 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.71 and a current ratio of 2.71. Alteryx Inc has a 52-week low of $18.64 and a 52-week high of $63.18.

Alteryx (NYSE:AYX) last released its quarterly earnings results on Wednesday, August 8th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.01. Alteryx had a negative net margin of 9.44% and a negative return on equity of 9.44%. The firm had revenue of $46.80 million during the quarter, compared to analyst estimates of $43.79 million. During the same quarter last year, the business earned ($0.09) EPS. The company’s revenue was up 54.5% compared to the same quarter last year. sell-side analysts expect that Alteryx Inc will post -0.47 EPS for the current year.

In other Alteryx news, SVP Christopher M. Lal sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 20th. The shares were sold at an average price of $40.00, for a total transaction of $200,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Dean Stoecker sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 13th. The stock was sold at an average price of $61.25, for a total transaction of $2,450,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,468,986 shares of company stock valued at $190,221,190. Company insiders own 39.01% of the company’s stock.

A number of brokerages recently issued reports on AYX. Oppenheimer raised their price objective on shares of Alteryx from $48.00 to $56.00 and gave the company an “outperform” rating in a report on Thursday, August 9th. Zacks Investment Research lowered shares of Alteryx from a “hold” rating to a “sell” rating in a report on Tuesday, August 14th. Needham & Company LLC raised their price objective on shares of Alteryx from $51.00 to $57.00 and gave the company a “buy” rating in a report on Tuesday, August 14th. JMP Securities raised their price objective on shares of Alteryx from $45.00 to $52.00 and gave the company a “market outperform” rating in a report on Thursday, August 9th. Finally, Citigroup raised their price objective on shares of Alteryx from $57.00 to $61.00 and gave the company a “buy” rating in a report on Thursday, August 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $46.70.

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. 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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Institutional Ownership by Quarter for Alteryx (NYSE:AYX)

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