Alteryx Press Release today

Alteryx Continues to Build Momentum at the Close of 2017 with Significant Industry Awards

Analytics Company Recognized Five Times in Just Two Months for Growth, Customer Satisfaction and Impact on the Market

Alteryx, a leading provider of an end-to-end analytics platform for the enterprise, announced it has been honored with numerous industry awards on a local, national and global scale over the course of the last 60 days. These recognitions help round out what is already a pivotal year for Alteryx, which went public in March and continues to build momentum within the competitive data analytics space…

Gartner named Alteryx the Gold Winner in its first-ever Gartner Peer Insights Customer Choice Awards for Business Intelligence and Analytics, a rating of vendors by verified end-user professionals. Many users across a range of industries praised Alteryx as an intuitive end-to-end analytics platform that drives significant time savings and business results, and opens doors for advanced analytics.

Drexel Lebow Analytics 50 honored two Alteryx customers, Southwest Airlines and Western Union, for their innovative use of analytics to solve business challenges. Southwest won for its use of advanced analytics in fuel consumption forecasting and improved accuracy by approximately 12% using Alteryx. Western Union uses advanced analytics to improve security management and risk mitigation, and saved hundreds of hours after switching to Alteryx.

Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies…

KeyBanc Capital Markets named Alteryx to its inaugural Top 20 AI All-Stars in Technology, which used a five-factor system to rank AI potential for public companies. Others listed include Nvidia, Amazon, Alphabet, Facebook, Adobe, Salesforce and Yext.

…etc

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When I looked at their website, they have partnerships with significant players that are in this space (in their own way): Tableau, Microsoft (Excel, Microsoft BI), and Qlik. That can be a powerful combination.

This is an interesting article that they shared on their company via on LinkedIn: http://bit.ly/2BlBfJz

It speaks about 6 predictions about data science, machine learning, and AI for 2018.

Saul is onto something (potenially?) big.

TracyK

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Thanks Saul. :slight_smile:

Lucky Dog

Those of us who have been around since BI (business intelligence) first became an acronym know that Southwest Airlines is a legendary pioneer in the use of BI dashboards and drill down. It should be recognized as a professional compliment and endorsement that one of the first users of BI to improve business operations is an Alteryx client.

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One big issue I see with this is that there is hardly any insider holding according to Yahoo Financials. Can someone validate this .

They are definitely in an area which has a long road ahead.

Rajesh

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I don’t know how accurate that is. They just IPO’d, insiders were selling in Sept (which is that slump in the chart).

And the 3 founders are still with the company. I would think they have significant ownership of the company still.

I found this in Bert’s article and AYX’s website.

Robert

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According to prospectus on 8-Sept-17 , a sale of 8MM shares, most by venture capitalists, about 600K by Dean Stoecker CEO, there are 59MM shares out; about 12MM class A and 47MM class B. Class B have 10x the votes of class A.

After the sale Stoecker still owns 20% of class B shares. One other exec / venture capitalist owns about 23%. All told insiders own more than 50%.

Details here. https://investor.alteryx.com/financial-information/sec-filin…

Joe
Community Fool
Long AYX

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about 12MM class A and 47MM class B. Class B have 10x the votes of class A.

I generally avoid companies with this kind of discrimination against outside shareholders. It is the reason I never bought any Google stock. If they want my money but not my opinion they can sell me non-callable bonds with a 15% yield to maturity.

Denny Schlesinger

After the sale Stoecker still owns 20% of class B shares. One other exec / venture capitalist owns about 23%. All told insiders own more than 50%.

Thanks Joe (Jambo), that’s very important. Insiders own over 50%! Sounds great!
Saul

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about 12MM class A and 47MM class B. Class B have 10x the votes of class A.

I generally avoid companies with this kind of discrimination against outside shareholders. It is the reason I never bought any Google stock. If they want my money but not my opinion they can sell me non-callable bonds with a 15% yield to maturity. Denny Schlesinger

That really matters to you, Denny? You’d deprive yourself of a good investment because of it? I can’t remember the last time I voted shares of any stock. Certainly not in the past 20 years. If I’m not happy I just leave, I don’t start an activist stockholders protest. Do you? I figure these guys are going to do what is in their best interest, and what’s in their best interest is in mine too. Does it matter how many votes you have? Really???

Best,

Saul

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That really matters to you, Denny?

Why else would I have posted it?

You’d deprive yourself of a good investment because of it?

I only need a dozen stocks to build my portfolio. There are enough choices out there that I don’t have to buy managements I don’t like.

I can’t remember the last time I voted shares of any stock. Certainly not in the past 20 years.

What does your voting preference have to do with my stock picking?

If I’m not happy I just leave,

That is exactly what I’m doing.

I don’t start an activist stockholders protest. Do you?

No.

I figure these guys are going to do what is in their best interest, and what’s in their best interest is in mine too.

Bad logic, does not follow. You said so above “If I’m not happy I just leave.”

Does it matter how many votes you have?

That is NOT the issue. The issue is that I don’t trust people who don’t trust me.

Really???

Really!

Denny Schlesinger

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Really???
Really!

Okay, Denny, I guess we just differ in how we look at it.
Saul

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Okay, Denny, I guess we just differ in how we look at it.
Saul

That’s what makes markets! :wink:

Denny Schlesinger

Merry Christmas Denny!!

So what’s the verdict on the AYX data breach? Hold, Sell or Add?

sjo