California Public Employees Retirement System Cuts Stock Holdings in Alteryx, Inc. (NYSE:AYX)

California Public Employees Retirement System reduced its stake in Alteryx, Inc. (NYSE:AYXGet Rating) by 6.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 95,106 shares of the company’s stock after selling 6,311 shares during the quarter. California Public Employees Retirement System’s holdings in Alteryx were worth $4,605,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Ancora Advisors LLC purchased a new stake in shares of Alteryx in the first quarter valued at about $29,000. Signaturefd LLC increased its stake in Alteryx by 54.8% in the 1st quarter. Signaturefd LLC now owns 565 shares of the company’s stock valued at $40,000 after buying an additional 200 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new position in shares of Alteryx during the 1st quarter worth approximately $50,000. PNC Financial Services Group Inc. boosted its stake in shares of Alteryx by 14.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,583 shares of the company’s stock worth $114,000 after buying an additional 205 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. bought a new position in shares of Alteryx in the first quarter valued at approximately $156,000. 76.74% of the stock is currently owned by institutional investors.

Alteryx Price Performance

Alteryx stock opened at $44.48 on Friday. The firm has a market capitalization of $3.07 billion, a P/E ratio of -9.32 and a beta of 0.60. Alteryx, Inc. has a one year low of $40.57 and a one year high of $76.35. The company has a debt-to-equity ratio of 5.07, a current ratio of 1.60 and a quick ratio of 1.60. The business has a fifty day moving average price of $50.89 and a 200-day moving average price of $54.30.

Alteryx (NYSE:AYXGet Rating) last issued its quarterly earnings data on Tuesday, November 1st. The company reported ($0.95) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.65) by ($0.30). Alteryx had a negative return on equity of 103.88% and a negative net margin of 44.55%. The company had revenue of $215.71 million for the quarter, compared to analysts’ expectations of $192.11 million. As a group, equities research analysts forecast that Alteryx, Inc. will post -2.88 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AYX shares. Morgan Stanley dropped their price target on Alteryx from $72.00 to $65.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 2nd. Rosenblatt Securities boosted their price target on shares of Alteryx from $75.00 to $77.00 and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Needham & Company LLC decreased their price objective on shares of Alteryx from $80.00 to $62.00 and set a “buy” rating for the company in a report on Wednesday, November 2nd. Cowen boosted their target price on shares of Alteryx to $75.00 in a research note on Tuesday, August 9th. Finally, JMP Securities reduced their target price on shares of Alteryx from $127.00 to $95.00 and set a “market outperform” rating for the company in a research report on Wednesday, November 2nd. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $74.27.

Alteryx Profile

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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.

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Institutional Ownership by Quarter for Alteryx (NYSE:AYX)

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