Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
ALTR - Altair Engineering Inc.
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%
Technology | Software - Infrastructure | United States
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.

Altair Engineering Inc. News
12/18/24 Altair® RapidMiner® Unlocks Next-Level Capabilities with Advanced AI Agent Framework
12/18/24 Siemens Eyes Selling 6% Siemens Energy Stake for Altair Deal
12/12/24 Altair Announces Partnership with CGI to Drive IT Modernization and AI Innovation
12/11/24 ACM vs. ALTR: Which Stock Is the Better Value Option?
12/10/24 Is Altair Engineering (ALTR) Stock Outpacing Its Construction Peers This Year?
12/04/24 Altair and Auburn University to Collaborate on $1.25 Million AFWERX Contract to Advance Vortex Rocket Engines
11/25/24 3 Reasons Why Growth Investors Shouldn't Overlook Altair Engineering (ALTR)
11/25/24 ACM or ALTR: Which Is the Better Value Stock Right Now?
11/19/24 Altair Technology Powers Cleveland Golf's New HiBore XL Driver
11/18/24 Altair Solutions Now Supported on NVIDIA Grace Hopper and Grace CPU Superchip Architectures
11/13/24 Altair signs collaboration agreement with European Space Agency
11/13/24 Altair Collaborates with Aerospace Startup Moya Aero to Develop eVTOLs
11/13/24 Altair and ESA to offer AI technology to European aerospace start-ups
11/12/24 Altair Signs Collaboration Agreement with the European Space Agency
11/07/24 Is Altair Engineering (ALTR) a Solid Growth Stock? 3 Reasons to Think "Yes"
11/07/24 Altair Engineering (ALTR) Upgraded to Strong Buy: Here's What You Should Know
11/07/24 Altair® PollEx™ for ECAD Now Available
11/06/24 Are Construction Stocks Lagging Frontdoor (FTDR) This Year?
11/04/24 Siemens Acquires Altair Engineering
11/04/24 Siemens signals more acquisitions post-Altair buy, reports say
Insider Trades Relationship Date Transactions Cost($) #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