The price of Alteryx Inc. (NYSE:AYX) shares last traded on Wall Street fell -4.47% to $48.46.
AYX stock price is now 3.81% away from the 50-day moving average and -13.46% away from the 200-day moving average. The market capitalization of the company currently stands at $3.34B.
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With the price target of $50, Wedbush recently initiated with Neutral rating for Alteryx Inc. (NYSE: AYX). On May 23, 2022, FBN Securities recently initiated its ‘Outperform’ rating on the stock quoting a target price of $80, while ‘Rosenblatt’ rates the stock as ‘Buy’.
In other news, Hansen Paula, President & CRO sold 6,500 shares of the company’s stock on Nov 30. The stock was sold for $286,650 at an average price of $44.10. Upon completion of the transaction, the President & CRO now directly owns 105,793 shares in the company, valued at $5.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 11, Director Stoecker Dean sold 20,000 shares of the business’s stock. A total of $1,237,333 was realized by selling the stock at an average price of $61.87. Insiders disposed of 220,701 shares of company stock worth roughly $10.7 million over the past 1 year. A total of 1.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AYX stock. A new stake in Alteryx Inc. shares was purchased by HOOD RIVER CAPITAL MANAGEMENT LLC during the first quarter worth $31,566,000. OPHIR ASSET MANAGEMENT PTY LTD invested $16,620,000 in shares of AYX during the first quarter. In the first quarter, WHALE ROCK CAPITAL MANAGEMENT LLC acquired a new stake in Alteryx Inc. valued at approximately $13,958,000. TORONTO DOMINION BANK acquired a new stake in AYX for approximately $7,269,000. MARSHALL WACE, LLP purchased a new stake in AYX valued at around $5,823,000 in the second quarter. In total, there are 384 active investors with 86.40% ownership of the company’s stock.
A candlestick chart of Alteryx Inc. (NYSE: AYX) showed a price of $50.17 on Thursday morning. During the past 12 months, Alteryx Inc. has had a low of $39.55 and a high of $76.35. As of last week, the company has a debt-to-equity ratio of 5.62, a current ratio of 1.60, and a quick ratio of 1.60. The fifty day moving average price for AYX is $46.68 and a two-hundred day moving average price translates $56.00 for the stock.
The latest earnings results from Alteryx Inc. (NYSE: AYX) was released for Jun, 2022. According to the Software – Application Company, earnings per share came in at -$0.46, beating analysts’ expectations of -$0.6 by 0.14. This compares to -$0.86 EPS in the same period last year. The net profit margin was -44.60% and return on equity was -135.00% for AYX. The company reported revenue of $215.71 million for the quarter, compared to $123.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 74.66 percent. For the current quarter, analysts expect AYX to generate $192.38M in revenue.
Alteryx Inc.(AYX) Company Profile
Alteryx, Inc. operates in analytic process automation business in the Asia-Pacific, Europe, the Middle East, Africa, Latin 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. Its analytics platform comprises Alteryx Designer, a data profiling, preparation, blending, analytics, data science, and process automation product; Alteryx Server, a server-based product to manage, automate, and govern processes and applications in a web-based environment; Alteryx Intelligence Suite, an augmented machine learning, auto-modeling, and text mining product; Alteryx Connect, a collaborative data exploration platform; 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. The company’s platform also offers cloud-native products comprising Alteryx Designer Cloud, a browser-based version of Alteryx Designer product; Alteryx Machine Learning, an automated machine learning product to build, validate, iterate, and explore machine learning models; Alteryx Auto Insights, an analytics solution that automates insights for business users; and Alteryx Trifacta, an open and interactive cloud platform for data engineers and analysts to collaboratively profile, prepare, and pipeline data for analytics and machine learning. In addition, it provides technical support, instruction, and customer services. It serves retail, food services, consumer products, telecom and cable, media and entertainment, professional services, financial services, energy and utilities, public sector, manufacturing, travel and hospitality, healthcare and insurance, and technology industries. The company was founded in 1997 and is headquartered in Irvine, California.
