Alteryx (AYX) Chairman Dean Stoecker Sells 40,000 Shares of Stock

Alteryx (NYSE:AYX) Chairman Dean Stoecker sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, April 12th. The stock was sold at an average price of $33.99, for a total transaction of $1,359,600.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Dean Stoecker also recently made the following trade(s):

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  • On Wednesday, March 28th, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $34.75, for a total transaction of $1,390,000.00.
  • On Thursday, March 15th, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $36.50, for a total transaction of $1,460,000.00.
  • On Tuesday, February 27th, Dean Stoecker sold 40,000 shares of Alteryx stock. The stock was sold at an average price of $33.25, for a total transaction of $1,330,000.00.
  • On Thursday, February 8th, Dean Stoecker sold 20,000 shares of Alteryx stock. The stock was sold at an average price of $26.73, for a total transaction of $534,600.00.
  • On Monday, January 22nd, Dean Stoecker sold 20,000 shares of Alteryx stock. The stock was sold at an average price of $28.16, for a total transaction of $563,200.00.

AYX stock opened at $34.67 on Friday. Alteryx has a one year low of $14.79 and a one year high of $38.88. The company has a market capitalization of $2,041.19 and a price-to-earnings ratio of -111.84.

Alteryx (NYSE:AYX) last released its quarterly earnings results on Wednesday, February 21st. The company reported $0.02 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.05. Alteryx had a negative net margin of 13.30% and a negative return on equity of 8.51%. The business had revenue of $38.60 million during the quarter, compared to analysts’ expectations of $35.89 million. During the same quarter in the previous year, the company earned ($0.11) EPS. The business’s quarterly revenue was up 54.6% compared to the same quarter last year. sell-side analysts expect that Alteryx will post -0.41 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in Alteryx by 262.5% in 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 in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Alteryx by 28.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 34,354 shares of the company’s stock valued at $699,000 after purchasing an additional 7,597 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in shares of Alteryx in the 3rd quarter valued at $945,000. Suntrust Banks Inc. boosted its stake in shares of Alteryx by 22.1% in the 4th quarter. Suntrust Banks Inc. now owns 32,121 shares of the company’s stock valued at $811,000 after purchasing an additional 5,816 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Alteryx by 317.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 107,401 shares of the company’s stock valued at $2,714,000 after purchasing an additional 81,701 shares in the last quarter. 33.12% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently weighed in on the stock. Needham & Company LLC assumed coverage on shares of Alteryx in a report on Tuesday. They set a “buy” rating and a $39.00 target price on the stock. KeyCorp reaffirmed a “sector weight” rating on shares of Alteryx in a report on Wednesday, March 14th. Zacks Investment Research lowered shares of Alteryx from a “hold” rating to a “sell” rating in a report on Monday, February 26th. Cowen reaffirmed an “outperform” rating and set a $34.00 target price (up previously from $29.00) on shares of Alteryx in a report on Thursday, February 22nd. Finally, Bank of America boosted their price target on shares of Alteryx from $28.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, February 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $27.00.

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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.

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

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