Market Cap | 5.83B | P/E | - | EPS this Y | 8.00% | Ern Qtrly Grth | - |
Income | 26.71M | Forward P/E | 60.17 | EPS next Y | 12.30% | 50D Avg Chg | -2.00% |
Sales | 627.21M | PEG | 1.55 | EPS past 5Y | 23.75% | 200D Avg Chg | 18.00% |
Dividend | N/A | Price/Book | 9.60 | EPS next 5Y | 50.17% | 52W High Chg | -8.00% |
Recommedations | 2.30 | Quick Ratio | 3.02 | Shares Outstanding | 59.43M | 52W Low Chg | 67.00% |
Insider Own | 2.53% | ROA | 0.98% | Shares Float | 28.71M | Beta | 1.45 |
Inst Own | 109.55% | ROE | 3.79% | Shares Shorted/Prior | 4.83M/4.38M | Price | 72.21 |
Gross Margin | 80.92% | Profit Margin | 4.26% | Avg. Volume | 278,530 | Target Price | 92.18 |
Oper. Margin | -6.59% | Earnings Date | Oct 31 | Volume | 217,510 | Change | -2.96% |
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.
Goldman Sachs | Sell | Aug 2, 24 |
Needham | Buy | Aug 2, 24 |
JP Morgan | Neutral | Jul 15, 24 |
Rosenblatt | Neutral | May 3, 24 |
Needham | Buy | May 3, 24 |
Rosenblatt | Neutral | Apr 29, 24 |
JP Morgan | Overweight | Mar 26, 24 |
Needham | Buy | Mar 25, 24 |
RBC Capital | Sector Perform | Mar 21, 24 |
Insider Trades | Relationship | Date | Transactions | Cost($) | #Shares | Value($) | #Share Own | SEC Form 4 |
---|---|---|---|---|---|---|---|---|
Christ Revocable Trust | 10% Owner 10% Owner | Jan 23 | Sell | 87.78 | 100,000 | 8,778,000 | 01/25/24 | |
Scapa James Ralph | Chief Executive Offi.. Chief Executive Officer | Jan 16 | Sell | 83.7 | 10,000 | 837,000 | 01/18/24 | |
JRS Investments LLC | 10% Owner 10% Owner | Jan 16 | Sell | 83.7 | 5,000 | 418,500 | 01/18/24 | |
James R. Scapa Declaration of... | 10% Owner 10% Owner | Jan 16 | Sell | 83.7 | 5,000 | 418,500 | 01/18/24 | |
Scapa James Ralph | Chief Executive Offi.. Chief Executive Officer | Dec 18 | Sell | 74.34 | 10,000 | 743,400 | 12/19/23 | |
Christ George J | 10% Owner 10% Owner | Dec 08 | Sell | 71.58 | 4,564 | 326,691 | 12/11/23 | |
GC Investments LLC | 10% Owner 10% Owner | Dec 08 | Sell | 71.58 | 4,564 | 326,691 | 12/11/23 | |
Christ George J | 10% Owner 10% Owner | Dec 06 | Sell | 72.42 | 14,411 | 1,043,645 | 12/08/23 | |
GC Investments LLC | 10% Owner 10% Owner | Dec 06 | Sell | 72.42 | 14,411 | 1,043,645 | 12/08/23 | |
Harris Teresa A | Director Director | Dec 06 | Sell | 71.65 | 600 | 42,990 | 18,895 | 12/08/23 |
Harris Teresa A | Director Director | Dec 06 | Option | 0 | 600 | 19,495 | 12/08/23 | |
Christ George J | 10% Owner 10% Owner | Nov 29 | Sell | 73.19 | 26,682 | 1,952,856 | 12/01/23 | |
GC Investments LLC | 10% Owner 10% Owner | Nov 29 | Sell | 73.19 | 26,682 | 1,952,856 | 12/01/23 | |
Christ George J | 10% Owner 10% Owner | Nov 20 | Sell | 73.71 | 108,577 | 8,003,211 | 11/22/23 | |
GC Investments LLC | 10% Owner 10% Owner | Nov 21 | Sell | 73.39 | 8,577 | 629,466 | 11/22/23 | |
Christ Revocable Trust | 10% Owner 10% Owner | Nov 20 | Sell | 74.04 | 100,000 | 7,404,000 | 11/22/23 | |
Harris Teresa A | Director Director | Nov 14 | Sell | 73.16 | 1,800 | 131,688 | 18,895 | 11/16/23 |
Harris Teresa A | Director Director | Nov 14 | Option | 0 | 1,800 | 20,695 | 11/16/23 | |
Kunju Ravi | Chief Product Strate.. Chief Product Strategy Officer | Nov 10 | Sell | 69.05 | 360 | 24,858 | 29,272 | 11/13/23 |
Maitra Raoul | Chief Legal Officer Chief Legal Officer | Nov 08 | Sell | 68.788 | 1,600 | 110,061 | 25,684 | 11/09/23 |
Marraccini Jeffrey | See Remarks See Remarks | Nov 07 | Sell | 67.7 | 3,711 | 251,235 | 4,142 | 11/08/23 |
Marraccini Jeffrey | See Remarks See Remarks | Nov 07 | Option | 0 | 3,711 | 7,853 | 11/08/23 | |
Scapa James Ralph | Chief Executive Offi.. Chief Executive Officer | Oct 16 | Sell | 65.32 | 10,000 | 653,200 | 10/17/23 | |
JRS Investments LLC | 10% Owner 10% Owner | Oct 16 | Sell | 65.32 | 5,000 | 326,600 | 10/17/23 | |
James R. Scapa Declaration of... | 10% Owner 10% Owner | Oct 16 | Sell | 65.32 | 5,000 | 326,600 | 10/17/23 | |
Scapa James Ralph | Chief Executive Offi.. Chief Executive Officer | Sep 18 | Sell | 65.29 | 10,000 | 652,900 | 09/19/23 | |
JRS Investments LLC | 10% Owner 10% Owner | Sep 18 | Sell | 65.29 | 5,000 | 326,450 | 09/19/23 | |
James R. Scapa Declaration of... | 10% Owner 10% Owner | Sep 18 | Sell | 65.29 | 5,000 | 326,450 | 09/19/23 | |
Maitra Raoul | Chief Legal Officer Chief Legal Officer | Aug 10 | Option | 3.84 | 4,000 | 15,360 | 27,284 | 08/10/23 |
Messano Amy | Chief Marketing Offi.. Chief Marketing Officer | Aug 09 | Sell | 61.88 | 360 | 22,277 | 15,250 | 08/10/23 |
Christ George J | 10% Owner 10% Owner | Jul 19 | Sell | 74.57 | 100,000 | 7,457,000 | 07/20/23 | |
Christ Revocable Trust | 10% Owner 10% Owner | Jul 19 | Sell | 74.57 | 100,000 | 7,457,000 | 07/20/23 | |
Scapa James Ralph | Chief Executive Offi.. Chief Executive Officer | Jul 17 | Sell | 74.9 | 10,000 | 749,000 | 07/18/23 | |
JRS Investments LLC | 10% Owner 10% Owner | Jul 17 | Sell | 74.9 | 5,000 | 374,500 | 07/18/23 | |
James R. Scapa Declaration of... | 10% Owner 10% Owner | Jul 17 | Sell | 74.9 | 5,000 | 374,500 | 07/18/23 | |
Scapa James Ralph | Chief Executive Offi.. Chief Executive Officer | Jun 16 | Sell | 75.31 | 10,000 | 753,100 | 06/20/23 | |
JRS Investments LLC | 10% Owner 10% Owner | Jun 16 | Sell | 75.31 | 5,000 | 376,550 | 06/20/23 | |
James R. Scapa Declaration of... | 10% Owner 10% Owner | Jun 16 | Sell | 75.31 | 5,000 | 376,550 | 06/20/23 | |
Srikanth Mahalingam | Chief Technology Off.. Chief Technology Officer | Mar 09 | Sell | 73.02 | 2,883 | 210,517 | 33,334 | 06/13/23 |
Messano Amy | Chief Marketing Offi.. Chief Marketing Officer | Jun 09 | Sell | 74.628 | 109 | 8,134 | 15,470 | 06/12/23 |
Marraccini Jeffrey | See Remarks See Remarks | Jun 07 | Sell | 74.91 | 3,151 | 236,041 | 4,002 | 06/08/23 |
Marraccini Jeffrey | See Remarks See Remarks | Jun 07 | Option | 0 | 3,151 | 7,153 | 06/08/23 | |
Dias Nelson | Chief Revenue Office.. Chief Revenue Officer | May 16 | Sell | 67.78 | 3,636 | 246,448 | 34,213 | 05/17/23 |
Dias Nelson | Chief Revenue Office.. Chief Revenue Officer | May 16 | Option | 0 | 3,636 | 37,849 | 05/17/23 | |
Scapa James Ralph | Chief Executive Offi.. Chief Executive Officer | May 12 | Sell | 67.40 | 548 | 36,935 | 112,858 | 05/15/23 |
Marraccini Jeffrey | See Remarks See Remarks | May 12 | Sell | 67.40 | 41 | 2,763 | 4,002 | 05/15/23 |
Scapa James Ralph | Chief Executive Offi.. Chief Executive Officer | May 10 | Sell | 67.82 | 5,358 | 363,380 | 113,406 | 05/11/23 |
Christ George J | 10% Owner 10% Owner | Apr 13 | Sell | 71.37 | 100,000 | 7,137,000 | 04/17/23 | |
GC Investments LLC | 10% Owner 10% Owner | Apr 13 | Sell | 71.37 | 100,000 | 7,137,000 | 04/17/23 | |
Scapa James Ralph | Chief Executive Offi.. Chief Executive Officer | Mar 15 | Sell | 66.2 | 35,000 | 2,317,000 | 03/16/23 |