Fintel reports that on April 6, 2023, Piper Sandler reiterated coverage of Alteryx (NYSE:AYX) with a Overweight recommendation.
Analyst Price Forecast Suggests 48.58% Upside
As of April 6, 2023, the average one-year price target for Alteryx is $79.70. The forecasts range from a low of $65.65 to a high of $99.75. The average price target represents an increase of 48.58% from its latest reported closing price of $53.64.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Alteryx is $987MM, an increase of 15.43%. The projected annual non-GAAP EPS is $0.05.
What are Other Shareholders Doing?
Advantage Advisers Xanthus Fund, L.l.c. holds 352K shares representing 0.51% ownership of the company. In it's prior filing, the firm reported owning 378K shares, representing a decrease of 7.39%. The firm increased its portfolio allocation in AYX by 13.12% over the last quarter.
Sei Investments holds 14K shares representing 0.02% ownership of the company. In it's prior filing, the firm reported owning 18K shares, representing a decrease of 27.33%. The firm decreased its portfolio allocation in AYX by 28.97% over the last quarter.
Sargent Bickham Lagudis holds 0K shares representing 0.00% ownership of the company.
New York State Common Retirement Fund holds 233K shares representing 0.34% ownership of the company. In it's prior filing, the firm reported owning 305K shares, representing a decrease of 30.65%. The firm decreased its portfolio allocation in AYX by 34.26% over the last quarter.
Bellevue Asset Management holds 0K shares representing 0.00% ownership of the company. No change in the last quarter.
What is the Fund Sentiment?
There are 496 funds or institutions reporting positions in Alteryx.
This is a decrease
of
2
owner(s) or 0.40% in the last quarter.
Average portfolio weight of all funds dedicated to AYX is 0.23%,
a decrease
of 19.65%.
Total shares owned by institutions decreased
in the last three months by 0.15% to 61,647K shares.
The put/call ratio of AYX is 1.01, indicating a
bearish
outlook.
Alteryx Background Information
(This description is provided by the company.)
As a leader in analytic process automation (APA), Alteryx unifies analytics, data science and business process automation in one, end-to-end platform to accelerate digital transformation. Organizations of all sizes, all over the world, rely on the Alteryx Analytic Process Automation Platform™ to deliver high-impact business outcomes and the rapid upskilling of their modern workforce.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
