A Few Thoughts On Alteryx Inc. (AYX) and Zayo Group Holdings Inc. (ZAYO): Returns And Value

On Jan 13, Stoecker Dean, Chairman of the Board & CEO sold 30,000 shares of Alteryx Inc. (NYSE: AYX), with the average selling price of the stock being $121.21 per share. The total amount realized from this sold $3,636,236. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, Chief Financial Officer – RUBIN KEVIN sold an extra 13,000 shares of this stock in a transaction that took place a day before, on Jan 08, with a share sold at an average of $111.81 and a total of $1,453,530 was realized from this transaction. After the transaction, the Chief Financial Officer – RUBIN KEVIN was left with 44,370 shares of the company’s stock, which is currently worth around $4961009.7.

The recent price movement of AYX means that it is now down by -16.37% from its 52-week high and 91.57% up against its 52-week low prices. Over the past one week, the price volatility of AYX stands at 3.98% while the volatility over the past one month is 3.70%.

The company on 10/31/2019 published its latest quarterly earnings, with the report showing that the company recorded -0.01 earnings per share (EPS) during that period. This report was above the expectations of analysts of -0.02 by 0.01. The revenue by the firm was 130.05M for the quarter.

The shares of Alteryx Inc. (AYX) gained by 2.68%, leading to a gain of $3.23 per share, and saw AYX end the trading session at $123.60 on Wednesday 01/15/20. AYX started the trading session at $120.00, before reaching a daily high of $127.63. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $119.97.

The trading volume on Wednesday stood at 1796229, which was below the stock’s 3-month average volume of 1.82 million shares, out of a total 50.91M shares. As the price of the stock climbed, the market valuation of the company gained to 7.99 billion.

The shares of Zayo Group Holdings Inc. (NYSE: ZAYO) went up by 0.06% by the end of the recent trading session. This movement saw its price surge to close at $34.71, which was higher than the previous closing price of $34.69. Over the past one week, the price of ZAYO has jumped by 0.09%, while it has recorded a gain of 1.34% over the past one month. Its three-month performance saw ZAYO gain 1.76% while its six-month performance saw it surge by 3.61%. The situation is different though over the past one year, as the stock price went up by 35.06%, while its year-to-date (YTD) price performance jumped by 0.17%. The stock price has gone up by +1.97% compared to its 90-day low, while it is down -0.03% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 2,889,770 shares, with the short-term indicators averagely rating the stock as a 100% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 2,672,314 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see ZAYO stock with a 100-Day average volume of 3,108,826 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves ZAYO with an average rating of 100% Buy.

Several brokerage firms sent out their reports ZAYO stock not long ago. In its report sent out on May 22, 2019, Raymond James lowered its ratings on ZAYO from a Outperform to a Mkt Perform. In an earlier report on January 23, 2019, Craig Hallum Initiated the stock to a Buy. JP Morgan meanwhile in its report on November 28, 2018 Upgrade its rating of the stock from a “Overweight” to “Overweight”.

In related news to the company’s stock, around 90.60% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 392 institutions currently hold the ZAYO stock. In the last quarter, a 208,744,981 ZAYO shares were in the possession of institutions. On the other hand, the company recorded 40 new institutions who bought it their stock, while 55 institutions sold their entire ZAYO reserve. Of the current institutions investing in the stock, 172 increased their investment while 157 decreased their investment in the stock.