In a report released yesterday, Brent Bracelin from KeyBanc maintained a Buy rating on Alteryx Inc (NYSE: AYX), with a price target of $40. The company’s shares closed yesterday at $36.25, close to its 52-week high of $39.21.
According to TipRanks.com, Bracelin is a top 100 analyst with an average return of 21.6% and a 77.2% success rate. Bracelin covers the Technology sector, focusing on stocks such as Tyler Technologies, Salesforce.com, and Everbridge Inc.
Alteryx Inc has an analyst consensus of Strong Buy, with a price target consensus of $40.33.
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Based on Alteryx Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $5.19 million. In comparison, last year the company had a GAAP net loss of $5.67 million.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AYX in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Alteryx, Inc. engages in the provision of self-service data analytics software. Its subscription-based platform allows organizations to prepare, blend, and analyze data from a multitude of sources and benefit from data-driven decisions.
