Piper Sandler analyst Brent Bracelin maintained a Hold rating on Alteryx (AYX) today and set a price target of $90.00. The company’s shares closed last Monday at $95.90.
According to TipRanks.com, Bracelin is a top 25 analyst with an average return of 28.2% and a 73.0% success rate. Bracelin covers the Technology sector, focusing on stocks such as Slack Technologies, Coupa Software, and Veeva Systems.
Currently, the analyst consensus on Alteryx is a Strong Buy with an average price target of $153.70.
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Based on Alteryx’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $156 million and net profit of $30.69 million. In comparison, last year the company earned revenue of $89.15 million and had a net profit of $16.54 million.
Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AYX in relation to earlier this year.
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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. The company was founded by Dean A. Stoecker, Olivia Duane-Adams, and Edward P. Harding, Jr. in March 1997 and is headquartered in Irvine, CA.
