AYX News and Press, Alteryx Inc. Class A From 07/11/21

Stock market "crashes'' are quite common. Historical averages show that the S&P 500 (SNPINDEX: ^GSPC) registers at least a 10% tumble from highs about every year to year and a half. We're closing in on that average since the market's steep drop at the start of the pandemic in Ma...

Philippe Laffont’s 13F portfolio value decreased from $26.73B to $18.24B this quarter. Coatue Management increased Snowflake, Amazon.com, XPeng, and Li Auto while decreasing Walt Disney, Tesla, Square, and Peloton Interactive. The largest three positions are DoorDash, Snowf...

Shares of data analytics company Alteryx (NYSE: AYX) were up 10.6% in June, according to data provided by S&P Global Market Intelligence . There was no material news released by Alteryx this month, so it is likely the stock was rising in conjunction with the resurgence of gr...

In the previous portfolio review, I detailed how it had tripled in 2020. The portfolio consists of best-of-breed growth-tech companies, not unlike for example Ark Invest. In the first half of 2021, my portfolio went full bear and collapsed like a souffle under a sledgehammer (as Elon ...

McLaren Racing Selects Alteryx for Analytics Automation and Data Science Alteryx empowers the McLaren Formula 1 team to deliver insights and intelligence at speed across several critical initiatives PR Newswire IRVINE, Calif. , June 30, 2021 /PRNewswire/ -- ...

Workiva is a leading software company focusing on developing business process applications. Digital transformation trends and expansion into adjacent vertical and geographical markets provide tailwinds for growth. The company operates a scalable business model with low marginal co...

After a 12-month period of consolidation, Alteryx has broken above its 7- and 50-day moving average, trading at price levels with 100% upside to ATHs. As a leader in end-to-end data science AYX operates in a secular growth sector with high margins, limited cyclicality, and low levels ...

Investors appear to have soured on tech stocks over the last few months. The prospect of higher inflation and a rotation to cheaper "reopening" plays have certainly hurt some of the very stocks that have powered the market's gains over the past few years. But digital trends aren't going...

A year ago, I offered a new acronym to replace the classic FANG stocks (Facebook, Amazon, Netflix, and Google). I called them the 'SMARTEST' stocks based on the first letter of their tickers. They have returned 87% on average in the past year (vs. 33% for the S&P 500). Seven o...

Alteryx reported Q1 earnings a few weeks ago. Results included significant beats in terms of revenue, non-GAAP earnings, and ARR growth. The company raised guidance - somewhat - but most particularly increased its expectations for ARR growth to the low-30% range in the 2nd half of...