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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%
About Altair Engineering Inc.

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.

ALTR Chatroom

User Image thszda Posted - 2 days ago

$NVDA $ALTR

User Image thszda Posted - 2 days ago

$NVDA $ALTR

User Image green_going_up Posted - 2 days ago

$ALTR Siemens needs to raise their bid or someone else needs to trump it; it's too low!

User Image Goofynervous Posted - 1 week ago

$ALTR $MCHP $AVGO $SNOW

User Image insiderbuyingselling Posted - 1 week ago

$ALTR new insider selling: 1824 shares. http://insiderbuyingselling.com/?t=ALTR

User Image insiderbuyingselling Posted - 2 weeks ago

$ALTR new insider selling: 620 shares. http://insiderbuyingselling.com/?t=ALTR

User Image Goofynervous Posted - 2 weeks ago

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User Image DonCorleone77 Posted - 2 weeks ago

$ALTR $SIEGY Altair downgraded to Peer Perform from Outperform at Wolfe Research Wolfe Research downgraded Altair to Peer Perform from Outperform. The firm notes on Wednesday, Altair (ALTR) announced that it has reached an agreement to be acquired by Siemens (SIEGY), for $113 per share in an all-cash deal, representing an equity value of approximately $10.6B. The take-out price of $113 per share is, in Wolfe Research's opinion, a good outcome for shareholders and represents a 19% premium to Altair's unaffected price and a 13% premium to its unaffected all-time high closing price.

User Image hanrita09 Posted - 2 weeks ago

Plan for open: selling covered calls on $ALTR with assignment in mind! Just bought 200 shares, looking to sell the 100c as close to the ask as possible to maximize premium for 11/15. If I held until Q1/Q2 '25, this could be a steady income play with potential for $113+ in a few months. Shooting for a smooth ~$1,100 profit on this fill! 💸💪 #CoveredCalls #IncomeStrategy #TradingPlan

User Image judgeyoung2 Posted - 2 weeks ago

@john565 @Antmoss @Caroline_did_it_not_me Well, not usually, but this company $ALTR was just offered a buyout by Siemens, and it was announced during their earnings report this week. But they scrapped the conference call due to the news.

User Image Thestocktraderhubzee Posted - 2 weeks ago

WATCHLIST NOV 01 2024. $ALTR RBC Capital Maintains Sector Perform on Altair Engineering, Raises Price Target to $113 $RELY Keybanc Maintains Overweight on Remitly Global, Raises Price Target to $21 $ALRS Piper Sandler Maintains Neutral on Alerus Finl, Lowers Price Target to $23 $TENB Barclays Maintains Equal-Weight on Tenable Holdings, Lowers Price Target to $45 $IMAX Roth MKM Maintains Buy on Imax, Raises Price Target to $28

User Image IN0V8 Posted - 10/31/24

$ALTR Needham cuts to hold from buy RBC raises target price to $113 from $90 William Blair cuts to market perform

User Image Himel92 Posted - 10/31/24

The Last month Performance for $ALTR Opening Price: $95.12 Closing Price: $108.63 Highest Price: $113.12 Lowest Price: $91.27 Percentage Change: 14.20% Data provider: AITX

User Image spanktown Posted - 10/31/24

$ALTR $104 and being bought for $113? I am confused

User Image GetVector Posted - 10/31/24

Vector Intelligence (VI) is an algorithm designed to predict potential outsized intraday moves. VI will select up to 4 stocks per day. Today's VI stocks: $ALTR, $EL, $PTON, $RBLX.

User Image OpenOutcrier Posted - 10/31/24

$ALTR (-3.7% pre) Siemens to acquire Altair for $10.6 billion (113/sh cash) - inv https://ooc.bz/l/46369

User Image green_going_up Posted - 10/30/24

$ALTR let's see if some other bidders emerge now that this is fully in-play. Altair has been a proven performer; it should command a higher premium!

User Image Avocado_smash Posted - 10/30/24

$ALTR What a shame, ER blowout, price will spike even w no BO, the deal is just too low and take too long to close.

User Image wtfitsj Posted - 10/30/24

$ALTR why's this down if buyout 113?

User Image cubie Posted - 10/30/24

@judgeyoung2 @indievestments @Alvi722 @jenbunn @EBE_Day @Ollip @ribbey @TraderRapp @tonyctl @lukenight oh man $altr down talk bout arbitrage and u do $lmnd ebe, those calls might double😅

User Image judgeyoung2 Posted - 10/30/24

$ALTR I guess it’s 10 billion not 10.6

User Image judgeyoung2 Posted - 10/30/24

$ALTR I’m confused. 10.6 billion should put it at $124 a share, not $113.

User Image Avocado_smash Posted - 10/30/24

$ALTR 10.6B is not like around $120+ ? Weird.

User Image wallstengine Posted - 10/30/24

SIEMENS ACQUIRES ALTAIR ENGINEERING $ALTR FOR $113/SHARE IN CASH OR $10.6B

User Image judgeyoung2 Posted - 10/30/24

@EBE_Day @ribbey @jenbunn @TraderRapp @cubie @indievestments @Alvi722 @Ollip @tonyctl @lukenight $SIEGY acquiring $ALTR for $113 a share. Only a $5 upside from its closing price. Turns out rumors were legit. My $120c kaputt.

User Image DonCorleone77 Posted - 10/30/24

$ALTR $SIEGY Siemens acquires Altair Engineering for $113 per share in cash or $10.6B

User Image judgeyoung2 Posted - 10/30/24

$ALTR $SIEGY Siemens is suspiciously flat today 🤔

User Image Avocado_smash Posted - 10/30/24

$ALTR Earning after hour 🔥🔥🔥🔥🔥🔥

User Image Avocado_smash Posted - 10/29/24

$ALTR Ansys was bought by Synopsys for 35B last year, Ansys yearly revenue is 2B while ALTR only 0.6B (30%) Siemen might offer 11B at least. 22% premium from today closing min at least, imo.

User Image OpenOutcrier Posted - 10/29/24

RECAP 10/29 Chatter: $AVGO + OpenAI Chips $ALTR + Siemens $V - Layoffs RECAP 10/29 -Neg Comments: $HLIT - Jefferies $IEP - Hindenburg Live Breaking trading news www.openoutcrier.com

Analyst Ratings
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