Ameriprise Financial Inc. raised its position in Alteryx, Inc. (NYSE:AYX) by 147.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,271 shares of the company’s stock after purchasing an additional 41,243 shares during the quarter. Ameriprise Financial Inc. owned about 0.12% of Alteryx worth $1,352,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in Alteryx in the 1st quarter valued at about $129,000. Rhumbline Advisers acquired a new position in Alteryx in the 2nd quarter valued at about $195,000. Clearbridge Investments LLC acquired a new position in Alteryx in the 1st quarter valued at about $249,000. Wellington Management Group LLP acquired a new position in Alteryx in the 1st quarter valued at about $286,000. Finally, Schwab Charles Investment Management Inc. acquired a new position in Alteryx in the 2nd quarter valued at about $291,000. Institutional investors own 16.54% of the company’s stock.
Shares of Alteryx, Inc. (NYSE:AYX) opened at $22.00 on Monday.
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AYX has been the topic of several recent analyst reports. Zacks Investment Research lowered shares of Alteryx from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Cowen and Company reiterated an “outperform” rating and issued a $23.00 target price (up from $21.00) on shares of Alteryx in a report on Thursday, August 3rd. Bank of America Corporation initiated coverage on shares of Alteryx in a report on Monday, October 16th. They issued a “buy” rating and a $26.00 target price on the stock. Finally, KeyCorp reiterated a “buy” rating and issued a $24.00 target price on shares of Alteryx in a report on Friday, September 22nd. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Alteryx presently has a consensus rating of “Buy” and a consensus price target of $21.00.
In related news, major shareholder Qualified Master Fund L. Abdiel purchased 55,000 shares of Alteryx stock in a transaction dated Monday, August 14th. The shares were acquired at an average cost of $22.87 per share, with a total value of $1,257,850.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Reuters Corp /Can/ Thomson sold 2,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $20.24, for a total transaction of $40,480,000.00. The disclosure for this sale can be found here. Over the last three months, insiders bought 2,399,604 shares of company stock worth $50,797,413 and sold 7,700,000 shares worth $155,848,000.
Alteryx, Inc is a United States-based provider of self-service data analytics software. The Company offers various products, such as Alteryx Designer, Alteryx Server and Alteryx Analytics Gallery. Alteryx Designer is a repeatable workflow for self-service data analytics. Alteryx Designer allows data analysts by combining data preparation, data blending, and analytics-predictive, statistical and spatial-using the same user interface.
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