Pier Capital LLC purchased a new stake in Alteryx, Inc. (NYSE:AYX) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 243,834 shares of the company’s stock, valued at approximately $4,967,000. Pier Capital LLC owned 0.42% of Alteryx as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the company. Nationwide Fund Advisors purchased a new stake in shares of Alteryx in the 2nd quarter valued at approximately $100,000. Tower Research Capital LLC TRC purchased a new stake in shares of Alteryx in the 2nd quarter valued at approximately $117,000. The Manufacturers Life Insurance Company raised its stake in shares of Alteryx by 685.3% in the 2nd 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. Bank of New York Mellon Corp raised its stake in shares of Alteryx by 28.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 34,354 shares of the company’s stock valued at $699,000 after acquiring an additional 7,597 shares during the period. Finally, New York State Common Retirement Fund purchased a new stake in shares of Alteryx in the 2nd quarter valued at approximately $187,000. 28.29% of the stock is currently owned by institutional investors and hedge funds.

Shares of Alteryx, Inc. (AYX) opened at $25.63 on Wednesday. Alteryx, Inc. has a 52 week low of $14.61 and a 52 week high of $27.58.

Alteryx (NYSE:AYX) last announced its earnings results on Thursday, November 9th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.10. Alteryx had a negative net margin of 18.68% and a negative return on equity of 19.62%. The firm had revenue of $34.16 million for the quarter, compared to the consensus estimate of $32.06 million. During the same period in the prior year, the firm earned ($0.07) EPS. The firm’s revenue for the quarter was up 52.1% on a year-over-year basis. equities analysts anticipate that Alteryx, Inc. will post -0.33 earnings per share for the current year.

In other news, major shareholder Qualified Master Fund L. Abdiel purchased 172,500 shares of the stock in a transaction on Monday, September 11th. The stock was bought at an average price of $19.96 per share, for a total transaction of $3,443,100.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kevin Rubin sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $25.99, for a total transaction of $1,039,600.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have purchased 2,232,500 shares of company stock worth $47,001,900 and have sold 7,781,470 shares worth $157,958,732.

A number of equities research analysts have recently issued reports on AYX shares. Zacks Investment Research downgraded shares of Alteryx from a “buy” rating to a “hold” rating in a research note on Thursday, November 16th. Bank of America upped their target price on shares of Alteryx from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $29.00 target price (up from $24.00) on shares of Alteryx in a research note on Thursday, November 9th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $21.70.

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Alteryx Profile

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.

Institutional Ownership by Quarter for Alteryx (NYSE:AYX)

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