Alteryx’s (NYSE:AYX) lock-up period will end on Wednesday, September 20th. Alteryx had issued 9,000,000 shares in its initial public offering on March 24th. The total size of the offering was $126,000,000 based on an initial share price of $14.00. After the expiration of Alteryx’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

A number of equities research analysts have issued reports on the company. Zacks Investment Research upgraded Alteryx from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research note on Wednesday, August 30th. Cowen and Company reiterated an “outperform” rating and issued a $23.00 target price (up from $21.00) on shares of Alteryx in a research note on Thursday, August 3rd. Finally, KeyCorp reiterated an “overweight” rating and issued a $24.00 target price (up from $22.00) on shares of Alteryx in a research note on Monday, June 12th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $20.44.

COPYRIGHT VIOLATION NOTICE: “Alteryx, Inc.’s (AYX) Lock-Up Period Will End on September 20th” was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this news story on another domain, it was copied illegally and republished in violation of US and international copyright law. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2017/09/17/alteryx-inc-s-ayx-lock-up-period-will-end-on-september-20th.html.

Shares of Alteryx (AYX) opened at 18.79 on Friday. The company’s 50 day moving average is $21.70 and its 200-day moving average is $19.37. Alteryx has a 52 week low of $14.61 and a 52 week high of $24.07. The company’s market capitalization is $1.10 billion.

Alteryx (NYSE:AYX) last announced its earnings results on Wednesday, August 2nd. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.05. The business had revenue of $30.30 million for the quarter, compared to the consensus estimate of $29.33 million. The business’s revenue was up 52.3% compared to the same quarter last year. On average, analysts expect that Alteryx will post ($0.33) EPS for the current fiscal year.

In other Alteryx news, major shareholder Qualified Master Fund L. Abdiel bought 163,072 shares of the firm’s stock in a transaction dated Tuesday, June 27th. The shares were bought at an average price of $19.86 per share, for a total transaction of $3,238,609.92. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Qualified Master Fund L. Abdiel bought 50,000 shares of the firm’s stock in a transaction dated Thursday, June 29th. The shares were acquired at an average price of $19.48 per share, for a total transaction of $974,000.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 2,826,344 shares of company stock worth $59,646,339 and have sold 7,700,000 shares worth $155,848,000.

Institutional investors and hedge funds have recently modified their holdings of the company. Nationwide Fund Advisors acquired a new position in shares of Alteryx during the second quarter valued at $100,000. Tower Research Capital LLC TRC acquired a new position in shares of Alteryx during the second quarter valued at $117,000. SG Americas Securities LLC acquired a new position in shares of Alteryx during the first quarter valued at $129,000. The Manufacturers Life Insurance Company lifted its stake in shares of Alteryx by 685.3% during the second quarter. The Manufacturers Life Insurance Company now owns 7,853 shares of the company’s stock valued at $154,000 after acquiring an additional 6,853 shares during the period. Finally, New York State Common Retirement Fund acquired a new position in shares of Alteryx during the second quarter valued at $187,000. 94.38% of the stock is currently owned by institutional investors and hedge funds.

About Alteryx

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.

Receive News & Stock Ratings for Alteryx Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alteryx Inc. and related stocks with our FREE daily email newsletter.