Alteryx (AYX) Gets a Buy from JMP Securities

JMP Securities analyst Patrick Walravens maintained a Buy rating on Alteryx (AYXResearch Report) today and set a price target of $95.00. The company’s shares closed yesterday at $48.10.

Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Salesforce, and BlackLine. According to TipRanks, Walravens has an average return of -1.0% and a 39.88% success rate on recommended stocks.

Currently, the analyst consensus on Alteryx is a Moderate Buy with an average price target of $69.17, which is a 43.80% upside from current levels. In a report released on January 9, Piper Sandler also maintained a Buy rating on the stock with a $60.00 price target.

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The company has a one-year high of $76.35 and a one-year low of $39.55. Currently, Alteryx has an average volume of 987.7K.

Based on the recent corporate insider activity of 57 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.

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