Cardan Capital Partners LLC boosted its holdings in shares of Alteryx Inc (NYSE:AYX) by 10.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,348 shares of the company’s stock after purchasing an additional 2,778 shares during the period. Cardan Capital Partners LLC’s holdings in Alteryx were worth $1,686,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Bank of Montreal Can boosted its position in shares of Alteryx by 7.9% in the 4th quarter. Bank of Montreal Can now owns 2,873 shares of the company’s stock worth $172,000 after purchasing an additional 210 shares in the last quarter. Legal & General Group Plc lifted its position in Alteryx by 5.2% in the 3rd quarter. Legal & General Group Plc now owns 4,392 shares of the company’s stock valued at $251,000 after acquiring an additional 217 shares in the last quarter. Carnegie Capital Asset Management LLC lifted its position in Alteryx by 1.1% in the 3rd quarter. Carnegie Capital Asset Management LLC now owns 61,200 shares of the company’s stock valued at $3,690,000 after acquiring an additional 690 shares in the last quarter. American International Group Inc. lifted its position in Alteryx by 6.4% in the 3rd quarter. American International Group Inc. now owns 19,406 shares of the company’s stock valued at $1,110,000 after acquiring an additional 1,172 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its position in Alteryx by 16.4% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 12,710 shares of the company’s stock valued at $727,000 after acquiring an additional 1,788 shares in the last quarter. Institutional investors own 53.74% of the company’s stock.
Several equities analysts recently issued reports on the company. Wedbush cut Alteryx from an “outperform” rating to a “neutral” rating and set a $68.75 price objective on the stock. in a research report on Monday. They noted that the move was a valuation call. Raymond James lowered shares of Alteryx from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 29th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Alteryx from a “buy” rating to a “hold” rating in a research note on Monday, November 12th. TheStreet upgraded shares of Alteryx from a “d+” rating to a “c” rating in a research note on Thursday, November 8th. Finally, Citigroup set a $85.00 price objective on Alteryx and gave the stock a “buy” rating in a research note on Friday, November 9th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $70.07.
In other news, CFO Kevin Rubin sold 8,500 shares of the firm’s stock in a transaction that occurred on Monday, November 19th. The shares were sold at an average price of $59.01, for a total transaction of $501,585.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Christopher M. Lal sold 795 shares of the firm’s stock in a transaction that occurred on Friday, December 14th. The stock was sold at an average price of $61.48, for a total transaction of $48,876.60. The disclosure for this sale can be found here. In the last three months, insiders sold 1,305,357 shares of company stock valued at $86,032,159. 39.01% of the stock is owned by insiders.
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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.
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