Summary: Upcoming Quiet Period Event

The IPO quiet period for Alteryx expires on 4.18.2017. At this point, given that its team of underwriters will have a first shot at releasing (likely positive) reports and recommendations, we believe AYX stock price could see at least a temporary increase.

We suggest investors consider buying AYX prior to the event. (See the end of this article for a more detailed discussion of the timing considerations for an investment.)

Our SHORT-TERM PRICE TARGET: $17.75

Company Background

(www.alteryx.com/)

Alteryx, Inc. (Pending:AYX) offers a subscription-based platform for self-service data analytics. Headquartered in Irvine, California, its customers include both small and large companies across diverse industries. Alteryx reports that, as of Dec. 31, 2016, it had more than 2,300 customers in 50 countries, including Ford Motor Co., Tableau Software, Nike, Kaiser Foundation Health Plan, Inc. and Southwest Airlines, Inc., among others.

We have previously written on AYX here, as well as a preview of the IPO quiet period expiration on our IPO Insights platform.

Executive Management Highlights

Alteryx co-founder Dean A. Stoecker has also served as the company’s chairman of the board and chief executive officer since the company was founded in 1997. Previously, Stoecker held multiple positions at Donnelly Marketing Information Services, served as the vice president of sales at Strategic Mapping, Inc. and was the director of enterprise solutions at Integration Technologies, Inc. He earned his Master of Business Administration degree from Pepperdine University and his Bachelor of Science in International Business Degree from the University of Colorado.

Since April 2016, Kevin Rubin has served as Alteryx’s chief financial officer. From July 2011 to April 2016, Rubin was the CFO of MSC Software Corporation and previously served as the CFO of MRV Communications, Inc., DataDirect Networks, Inc. and Pictage, Inc. Rubin earned his Bachelor of Arts in Business Economics degree from the University of California at Santa Barbara.