Guess Who Just Picked Up Alteryx Inc. (NYSE:AYX) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Alteryx Inc. (NYSE:AYX) reported that Capital World Investors has picked up 1,235,325 of common stock as of 2017-04-10.

The acquisition brings the aggregate amount owned by Capital World Investors to a total of 1,235,325 representing a 13.7% stake in the company.

For those not familiar with the company, Alteryx, Inc. is a United States-based provider of self-service data analytics software. The Company offers various products, such as Alteryx Designer, Alteryx Server and Alteryx Analytics Gallery. Alteryx Designer is a repeatable workflow for self-service data analytics. Alteryx Designer allows data analysts by combining data preparation, data blending, and analytics-predictive, statistical and spatial-using the same user interface. Alteryx Server is a scalable platform to deploy and share analytics. Alteryx Server accelerates time to analytical insight, and allows analysts and business users across organization to make data-driven decisions. Alteryx Analytics Gallery is an analytics cloud platform to recognize that business decision makers expect their business applications to be as engaging as the applications they use at home. Its solutions include analytic, departmental and industry. Its analytic solutions connect business analysts and decision makers to data.

A glance at Alteryx Inc. (NYSE:AYX)’s key stats reveals a current market capitalization of 943.38 Million based on 9.00 Million shares outstanding and a price at last close of $16.69 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-29, Iconiq picked up 296,382 at a purchase price of $14.00. This brings their total holding to 296,382 as of the date of the filing.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Alteryx Inc. (NYSE:AYX) as things move forward to see if its progress aligns with these transactions.

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