Alteryx, Inc. (NYSE:AYX) Stock Holdings Boosted by XTX Topco Ltd

XTX Topco Ltd boosted its stake in Alteryx, Inc. (NYSE:AYX) by 56.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,888 shares of the company’s stock after buying an additional 3,931 shares during the period. XTX Topco Ltd’s holdings in Alteryx were worth $641,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ancora Advisors LLC bought a new position in shares of Alteryx during the 1st quarter valued at about $29,000. Belpointe Asset Management LLC purchased a new stake in shares of Alteryx in the fourth quarter worth approximately $29,000. Coppell Advisory Solutions Corp. purchased a new stake in shares of Alteryx in the fourth quarter worth approximately $54,000. PNC Financial Services Group Inc. increased its holdings in Alteryx by 14.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,583 shares of the company’s stock worth $114,000 after buying an additional 205 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC acquired a new position in Alteryx in the first quarter worth approximately $108,000. Institutional investors own 72.37% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on AYX. Bank of America lowered their price target on Alteryx from $70.00 to $64.00 in a report on Tuesday, August 8th. Piper Sandler lowered Alteryx from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $68.00 to $30.00 in a research report on Tuesday, August 8th. JMP Securities lowered their price objective on Alteryx from $95.00 to $60.00 and set a “market outperform” rating for the company in a research report on Tuesday, August 8th. Truist Financial lowered their price target on Alteryx from $65.00 to $40.00 and set a “buy” rating for the company in a research note on Tuesday, August 8th. Finally, Rosenblatt Securities lowered their price target on Alteryx from $75.00 to $60.00 and set a “buy” rating for the company in a research note on Tuesday, August 8th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $53.17.

Alteryx Stock Up 2.8 %

AYX opened at $35.34 on Monday. Alteryx, Inc. has a 1-year low of $27.92 and a 1-year high of $70.63. The stock’s fifty day simple moving average is $35.80 and its 200 day simple moving average is $44.20. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 23.75. The stock has a market cap of $2.51 billion, a PE ratio of -7.82 and a beta of 0.51.

Alteryx (NYSE:AYX) last posted its quarterly earnings results on Monday, August 7th. The company reported ($1.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.27) by ($0.02). Alteryx had a negative net margin of 34.87% and a negative return on equity of 172.29%. The business had revenue of $188.00 million during the quarter, compared to the consensus estimate of $182.15 million. As a group, research analysts expect that Alteryx, Inc. will post -2.23 earnings per share for the current year.

Alteryx Profile

Alteryx, Inc operates in analytic process automation business in the Asia-Pacific, Europe, the Middle East, Africa, North America, and internationally. The company's analytics platform enables organizations to enhance business outcomes and the productivity of their business analysts, data scientists, citizen data scientists, and data engineers.