5 Best Short-Term Stocks to Invest In

3. Alteryx, Inc. (NYSE:AYX)

3-Month Return as of November 21: 29.26%

One-Year Return as of November 21: -14.64%

Number of Hedge Fund Holders: 39

Irvine, California-based Alteryx, Inc. (NYSE:AYX) is a leading software company that offers a cloud-based analytics automation platform which allows end-to-end automation of data engineering, analytics, reporting, machine learning, and data science processes. The platform is used by more than 8,000 customers globally.

As of November 21, Alteryx, Inc. (NYSE:AYX) shares have lost nearly 15% of their value during the past year. Despite that, analysts are bullish on the future prospects of the company and hold strong buy ratings as well as an average price target of $47.73 which represents a potential upside of nearly 27%, based on the latest share price.

As of Q3 2023, Alteryx, Inc. (NYSE:AYX) shares were owned by 39 of the 910 hedge funds tracked by Insider Monkey, with a total value of $638 million. Notable hedge fund investors included Bares Capital Management, Hawk Ridge Management, and No Street Capital, among others.