Zacks Investment Research downgraded shares of Alteryx (NYSE:AYX) from a buy rating to a hold rating in a research report released on Friday, Zacks.com reports.According to Zacks, “Alteryx, Inc.provides self-service data analytics software platform.The Company’s product consists of Alteryx Designer, Alteryx Server and Alteryx Analytics Gallery.Alteryx Designer offer data preparation, blending and analytics which could be deployable in the cloud and on premise; Alteryx Server, a secure and scalable product for sharing and running analytic applications in a Web-based environment and Alteryx Analytics Gallery, a cloud-based collaboration offering which allows users to share workflows in a centralized repository.Alteryx, Inc.
is headquartered in Irvine, California.“Several other equities analysts also recently commented on the stock.
Rosenblatt Securities increased their price objective on shares of Alteryx from $97.00 to $145.00 and gave the company a neutral rating in a research note on Friday, February 14th.TheStreet raised shares of Alteryx from a d+ rating to a c- rating in a research note on Thursday, February 13th.DA Davidson dropped their price objective on shares of Alteryx from $123.00 to $95.00 and set a neutral rating for the company in a research note on Friday, November 1st.ValuEngine downgraded shares of Alteryx from a hold rating to a sell rating in a research note on Tuesday, February 4th.
Finally, Needham & Company LLC raised their price target on shares of Alteryx to $151.00 and gave the company a buy rating in a research note on Tuesday, February 11th.One analyst has rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the stock.The company currently has a consensus rating of Buy and a consensus target price of $140.03.Shares of NYSE:AYX opened at $133.64 on Friday.The company has a market cap of $8.61 billion, a price-to-earnings ratio of 351.69, a PEG ratio of 8.18 and a beta of 0.89.The company has a debt-to-equity ratio of 1.55, a current ratio of 3.94 and a quick ratio of 3.94.
The firm has a 50 day simple moving average of $135.27 and a 200 day simple moving average of $117.44.Alteryx has a one year low of $64.52 and a one year high of $160.11.
Alteryx (NYSE:AYX) last issued its quarterly earnings data on Thursday, February 13th.The company reported $0.64 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.43.The business had revenue of $156.45 million during the quarter, compared to the consensus estimate of $131.00 million.Alteryx had a net margin of 6.49% and a return on equity of 11.89%.
As a group, analysts expect that Alteryx will post 0.33 EPS for the current year.In related news, insider Christopher M.Lal sold 3,665 shares of Alteryx stock in a transaction on Wednesday, December 18th.The shares were sold at an average price of $99.79, for a total transaction of $365,730.35.The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link .Also, CFO Kevin Rubin sold 74,702 shares of Alteryx stock in a transaction on Wednesday, February 19th.The stock was sold at an average price of $153.55, for a total transaction of $11,470,492.10.The disclosure for this sale can be found here .
Insiders have sold 391,162 shares of company stock valued at $54,125,185 in the last ninety days.Insiders own 19.82% of the company’s stock.Hedge funds and other institutional investors have recently made changes to their positions in the stock.Sowell Financial Services LLC raised its stake in Alteryx by 590.6% during the fourth quarter.Sowell Financial Services LLC now owns 587 shares of the company’s stock worth $59,000 after buying an additional 502 shares during the last quarter.Focused Wealth Management Inc bought a new position in Alteryx during the third quarter worth $64,000.Baldwin Brothers Inc.MA bought a new position in Alteryx during the fourth quarter worth $60,000.
Tower Research Capital LLC TRC bought a new position in Alteryx during the third quarter worth $70,000.Finally, IFP Advisors Inc raised its stake in Alteryx by 20.2% during the fourth quarter.IFP Advisors Inc now owns 726 shares of the company’s stock worth $76,000 after buying an additional 122 shares during the last quarter.61.31% of the stock is owned by institutional investors and hedge funds.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.Recommended Story: What Are Cryptocurrencies? Get a free copy of the Zacks research report on Alteryx (AYX) For more information about research offerings from Zacks Investment Research, visit Zacks.com.