Needham analyst Jack Andrews assigned a Buy rating to Alteryx (AYX) today and set a price target of $140.00. The company’s shares closed last Wednesday at $122.50.
According to TipRanks.com, Andrews is a 5-star analyst with an average return of 15.7% and a 60.7% success rate. Andrews covers the Technology sector, focusing on stocks such as LiveRamp Holdings, CommVault Systems, and ServiceNow.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alteryx with a $139.36 average price target, representing a 18.2% upside. In a report issued on April 29, Citigroup also maintained a Buy rating on the stock with a $160.00 price target.
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Alteryx’s market cap is currently $8.06B and has a P/E ratio of 276.90. The company has a Price to Book ratio of 19.91.
Based on the recent corporate insider activity of 100 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.
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. 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.
