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Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. Vanguard Group Inc. boosted its position in shares of Altair Engineering by 8.2% during the 2nd quarter. The software earned $106.46 million during the quarter, compared to the consensus estimate of $97.96 million. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 Receive News & Ratings for Altair Engineering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altair Engineering and related companies with MarketBeat.com's FREE daily email newsletter. Get daily stock ideas top-performing Wall Street analysts. The company operates through two segments, Software and Client Engineering Services. The software reported ($0.06) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.20) by $0.14. Altair Engineering updated its FY 2020 The company operates through two segments, Software and Client Engineering Services. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Bradley Foster & Sargent Inc. CT bought a new position in shares of Altair Engineering during the 3rd quarter valued at approximately $15,450,000. Business is complex. View the latest news on ALTR company insiders for their impact on company performance. The shares were sold at an average price of $42.60, for a total transaction of $127,800.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. ALTAIR … Brett R. Chouinard also recently made the following trade(s): NASDAQ ALTR opened at $55.08 on Wednesday. All rights reserved. The stock was sold at an average price of $52.74, for a total transaction of $158,220.00. Vote “Outperform” if you believe ALTR will outperform the S&P 500 over the long term. Altair Engineering's management team includes the following people: Chief Technical Officer of Solvers & Optimization, Start Your Risk-Free Trial Subscription Here, 3 SPAC Stocks for Investors to Watch in 2021, 3 Dividend-Paying Tech Stocks to Consider Now, Jabil (NASDAQ:JBL) Pops On Earnings And Outlook, The How and Why of Investing in Large-Cap Stocks, Tesla (NASDAQ:TSLA) Likely to See New Trading Surge in Move to S&P 500, The How and Why of Investing in Biotech Stocks, The How And Why of Investing in Oil Stocks, The How And Why of Investing in 5G Stocks, Apogee Falls On Earnings And Improved Financial Condition, 7 Outdoor Recreation Stocks For Growth And Dividends, 8 EV Stocks To Electrify Your Growth Portfolio, 7 Cloud Computing Stocks to Lift Your Portfolio to New Heights, 7 Infrastructure Stocks That May Help Rebuild America, 7 Food Stocks That Are Leading Through Innovation, 7 Entertainment Stocks That Are Still Delighting Investors, 7 Clean Energy Stocks With A Bright Future, 7 Stocks It May Be Time To Take Profits On, 7 Stocks to Buy For the Current Housing Boom, view Wall Street analyst' top-rated stocks, Receive Analysts' Upgrades and Downgrades Daily. Altair Engineering had a negative net margin of 3.08% and a positive return on equity of 1.10%. Finally, Benchmark upgraded shares of Altair Engineering to a “buy” rating and upped their target price for the company from $53.00 to $60.00 in a research note on Tuesday. Altair Engineering Inc. (NASDAQ:ALTR) insider Brett R. Chouinard sold 3,000 shares of the company’s stock in a transaction dated Thursday, December 3rd. Learn more. 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This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors … The software earns $-7,540,000.00 in net income (profit) each year or $0.22 on an earnings per share basis. Altair Engineering Inc, together with its subsidiaries, provides software and cloud solutions worldwide. Altair Engineering is the creator of the HyperWorks suite of CAE software products. Export data to Excel for your own analysis. View Altair Engineering's earnings history. (ALTR) raised $144 million in an initial public offering (IPO) on Wednesday, November 1st 2017. High institutional ownership can be a signal of strong market trust in this company. View insider buying and selling activity for Altair Engineering or view top insider-selling stocks. Altair Engineering Inc, together with its subsidiaries, provides software and cloud solutions worldwide. But in complexity, there is opportunity for innovative solutions. Altair Engineering Company Profile. The company has a 50-day moving average price of $49.12 and a 200-day moving average price of $42.47. Since then, ALTR shares have increased by 98.3% and is now trading at $57.92. Additional Terms, if any, are those terms and conditions which are determined by an Altair subsidiary or affiliate to meet local market conditions. Altair Engineering, Inc. is the data controller of the Personal Data you provide on the Websites. Altair Engineering trades on the NASDAQ under the ticker symbol "ALTR.". Learn everything you need to know about successful options trading with this three-part video course. Learn more. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. On Thursday, September 24th, Brett R. Chouinard sold 3,000 shares of Altair Engineering stock. ALTR stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Neuberger Berman Group LLC, Morgan Stanley, State Street Corp, SG Americas Securities LLC, AlphaCrest Capital Management LLC, Mercer Global Advisors Inc. ADV, and WINTON GROUP Ltd. Company insiders that have sold Altair Engineering company stock in the last year include Amy Messano, Andrea Siudara, Brett R Chouinard, Christ Revocable Trust, David L Simon, George J Christ, Howard N Morof, James Dagg, James Ralph Scapa, Jrs Investments Llc, Mahalingam Srikanth, Nelson Dias, R Scapa Declaration Of James, Raoul Maitra, Richard Hart, and Uwe Schramm. One share of ALTR stock can currently be purchased for approximately $57.92. 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 operates through two segments, Software and Client Engineering Services. The company operates through two segments, Software and Client Engineering Services. Altair Engineering has 2,950 employees across 69 locations and $458.92 M in annual revenue in FY 2019. Altair Engineering is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021. The company operates through two segments, Software and Client Engineering Services. The company offers software products in the areas of design, modeling, and visualization; physics simulation; data analytics; high performance computing; and Internet of Things for decision making in product design and development, manufacturing, energy management and exploration, financial services, health care, and retail operations. BlackRock Inc. now owns 4,171,582 shares of the software’s stock valued at $175,125,000 after buying an additional 425,460 shares in the last quarter. for the quarter ended june 30, 2020 . 51.42% of the stock of Altair Engineering is held by institutions. The stock was sold at an average price of $44.09, for a total transaction of $132,270.00. Stock screeners three months, altair Engineering Inc. was founded in 1985 and is trading... 11.4 % during the 3rd quarter valued at approximately $ 12,723,000 Beaver Road, Troy MI 48083... Have a long track record of dividend growth since then, ALTR shares have increased by 98.3 and. Classification in the next twelve months strong market trust in this company together its! November 1st 2017 is provided 'as-is ' and solely for informational purposes, not for trading or! Kistner in 1985 and is now trading at $ 55.08 on Wednesday email protected ] over the long.. Is available at the SEC website know about successful options trading with this video. 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