Alteryx, Inc. (NYSE:AYX) Stake Boosted by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc grew its stake in shares of Alteryx, Inc. (NYSE:AYX – Get Rating) by 8.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,910 shares of the company’s stock after acquiring an additional 1,200 shares during the period. Ensign Peak Advisors Inc’s holdings in Alteryx were worth $888,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of AYX. Ancora Advisors LLC acquired a new position in Alteryx during the first quarter worth $29,000. Ellevest Inc. bought a new stake in Alteryx in the 3rd quarter valued at $32,000. Skandinaviska Enskilda Banken AB publ increased its holdings in Alteryx by 147.5% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 985 shares of the company’s stock valued at $55,000 after buying an additional 587 shares during the period. PNC Financial Services Group Inc. increased its holdings in Alteryx by 14.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,583 shares of the company’s stock valued at $114,000 after buying an additional 205 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in Alteryx by 10.6% in the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 2,294 shares of the company’s stock valued at $128,000 after buying an additional 219 shares during the period. 74.23% of the stock is currently owned by hedge funds and other institutional investors.

Alteryx Stock Down 5.2 %

Shares of NYSE AYX opened at $57.78 on Monday. The firm’s 50-day simple moving average is $58.54 and its 200 day simple moving average is $54.39. The company has a market cap of $4.02 billion, a price-to-earnings ratio of -12.37 and a beta of 0.54. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 4.57. Alteryx, Inc. has a 12-month low of $39.55 and a 12-month high of $76.35.

Alteryx (NYSE:AYX – Get Rating) last released its earnings results on Thursday, February 9th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.28. Alteryx had a negative net margin of 37.24% and a negative return on equity of 119.37%. The company had revenue of $301.08 million for the quarter, compared to the consensus estimate of $278.64 million. On average, research analysts expect that Alteryx, Inc. will post -1.89 earnings per share for the current fiscal year.

Insider Buying and Selling at Alteryx

In other Alteryx news, Director Eileen Schloss sold 4,500 shares of the company’s stock in a transaction dated Wednesday, March 8th. The shares were sold at an average price of $65.47, for a total transaction of $294,615.00. Following the transaction, the director now directly owns 6,715 shares in the company, valued at approximately $439,631.05. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 13.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AYX. Rosenblatt Securities boosted their price target on shares of Alteryx from $77.00 to $86.00 and gave the company a “buy” rating in a report on Friday, February 10th. Cowen boosted their target price on shares of Alteryx from $75.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, February 10th. Wedbush began coverage on shares of Alteryx in a research note on Wednesday, December 14th. They issued a “neutral” rating and a $50.00 target price on the stock. Piper Sandler boosted their target price on shares of Alteryx from $60.00 to $87.00 and gave the company an “overweight” rating in a research note on Friday, February 10th. Finally, Morgan Stanley boosted their target price on shares of Alteryx from $60.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday, February 10th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, Alteryx presently has a consensus rating of “Moderate Buy” and an average target price of $77.54.

About Alteryx

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Alteryx, Inc engages in the provision of self-service data analytics software. Its subscription-based platform allows organizations to prepare, blend, and analyze data from a multitude of sources and benefit from data-driven decisions. The company was founded by Dean A. Stoecker, Olivia Duane-Adams, and Edward P.