Alteryx Inc (AYX) Stock Could Soon Reward Patient Investors

Alteryx Inc (NYSE: AYX) is 1.40% higher on its value in year-to-date trading and has touched a low of $27.92 and a high of $70.63 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AYX stock was last observed hovering at around $47.73 in the last trading session, with the day’s gains setting it 0.09%.

Currently trading at $47.82, the stock is 0.70% and 3.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing 0.19% at the moment leaves the stock 21.16% off its SMA200. AYX registered -20.42% loss for a year compared to 6-month gain of 65.47%. The firm has a 50-day simple moving average (SMA 50) of $4.14 and a 200-day simple moving average (SMA200) of -$44.62.

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The stock witnessed a 1.18% loss in the last 1 month and extending the period to 3 months gives it a 32.17%, and is 0.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.28% over the week and 0.29% over the month.

Fwd P/E is 27.77. Profit margin for the company is -18.46%. Distance from 52-week low is 71.28% and -32.30% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.64%).

Alteryx Inc quarterly earnings per share for the current quarter are estimated at -$0.07 with sales reaching $219.72M over the same period.The EPS is expected to shrink by -16.84% this year, but quarterly earnings will post 10.50% year-over-year. Quarterly sales are estimated to grow 10.40% in year-over-year returns.

Alteryx Inc (AYX) Top Institutional Holders

371 institutions hold shares in Alteryx Inc (AYX), with institutional investors hold 100.26% of the company’s shares. The shares outstanding are 64.38M, and float is at 61.22M with Short Float at 6.26%. Institutions hold 98.80% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 6.04 million shares valued at $274.27 million. The investor’s holdings represent 9.56% of the AYX Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 3.46 million shares valued at $157.15 million to account for 5.48% of the shares outstanding. The other top investors are Capital World Investors which holds 3.12 million shares representing 4.94% and valued at over $141.79 million, while Mackenzie Financial Corporation holds 4.70% of the shares totaling 2.97 million with a market value of $134.69 million.

Alteryx Inc (AYX) Insider Activity

A total of 6 insider transactions have happened at Alteryx Inc (AYX) in the last six months, with sales accounting for 6 and purchases happening 0 times. The most recent transaction is an insider sale by Natali Chris,the company’sChief Accounting Officer. SEC filings show that Natali Chris sold 1,000 shares of the company’s common stock on Jun 02 at a price of $43.31 per share for a total of $43310.0. Following the sale, the insider now owns 40464.0 shares.

Alteryx Inc disclosed in a document filed with the SEC on Mar 08 that Schloss Eileen (Director) sold a total of 4,500 shares of the company’s common stock. The trade occurred on Mar 08 and was made at $65.47 per share for $0.29 million. Following the transaction, the insider now directly holds 6715.0 shares of the AYX stock.

Alteryx Inc (AYX): Who are the competitors?

The company’s main competitors (and peers) include Microsoft Corp. (MSFT) that is trading 53.05% up over the past 12 months. Oracle Corp. (ORCL) that is 29.55% higher over the same period.