In a report released yesterday, Jack Andrews from Needham reiterated a Buy rating on Alteryx (AYX), with a price target of $140.00. The company’s shares closed last Monday at $98.43.
According to TipRanks.com, Andrews is a 5-star analyst with an average return of 17.8% and a 60.8% success rate. Andrews covers the Technology sector, focusing on stocks such as Pivotal Software, ServiceNow, and New Relic.
Currently, the analyst consensus on Alteryx is a Moderate Buy with an average price target of $120.00.
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Based on Alteryx’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $6.24 million. In comparison, last year the company had a GAAP net loss of $244K.
Based on the recent corporate insider activity of 103 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.
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