Q: Hi Peter
Sorry to come back on this issue of yestersay's AYX share price drop, but I found the stmnt below on TD's newswire. Could you please comment on the stmnt? If the ceo had sold the rest of his shares he would of gained > $5M. The stock lost > $2B yesterday. I don't understand the transaction. Is this a common situation and if so, I wonder why the stock fell so far.
Many thanks for your insights.
"Alteryx (AYX) slid 15.5%. A regulatory filing showed company president and chief revenue officer Robert Jones sold 1,599 of the data analytics company's common shares at $146.53 apiece after exercising an equal number of recently vested restricted stock units at $27.09 each. Jones pocketed a $190,985 profit from the transactions and continues to directly own 42,150 Alteryx shares."
Sorry to come back on this issue of yestersay's AYX share price drop, but I found the stmnt below on TD's newswire. Could you please comment on the stmnt? If the ceo had sold the rest of his shares he would of gained > $5M. The stock lost > $2B yesterday. I don't understand the transaction. Is this a common situation and if so, I wonder why the stock fell so far.
Many thanks for your insights.
"Alteryx (AYX) slid 15.5%. A regulatory filing showed company president and chief revenue officer Robert Jones sold 1,599 of the data analytics company's common shares at $146.53 apiece after exercising an equal number of recently vested restricted stock units at $27.09 each. Jones pocketed a $190,985 profit from the transactions and continues to directly own 42,150 Alteryx shares."