ALTAIR … The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. © American Consumer News, LLC dba MarketBeat® 2010-2020. Learn more. Altair Engineering Inc. has a 52 week low of $23.04 and a 52 week high of $55.12. Altair Engineering's stock was trading at $29.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. View insider buying and selling activity for Altair Engineering or view top insider-selling stocks. View which stocks have been most impacted by COVID-19. On Thursday, September 10th, Brett R. Chouinard sold 3,000 shares of Altair Engineering stock. In addition, the company offers consulting, training, implementation, and other software related services, as well as hardware products; and client engineering services to support customers with ongoing product design and development services. Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions worldwide. According to analysts' consensus price target of $46.50, Altair Engineering has a forecasted downside of 19.7% from its current price of $57.92. MarketBeat's community ratings are surveys of what our community members think about Altair Engineering and other stocks. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The company issued 12,000,000 shares at a price of $11.00-$13.00 per share. The P/E ratio of Altair Engineering is -289.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating. The company operates through two segments, Software and Client Engineering Services. 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. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.60. Sign-up to receive the latest news and ratings for ALTR and its competitors with MarketBeat's FREE daily newsletter. The Manufacturers Life Insurance Company Has $622,000 Holdings in Northwest Bancshares, Inc. (NASDAQ:NWBI), Acadian Asset Management LLC Sells 2,933 Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR), Aurora Cannabis (TSE:ACB) Price Target Lowered to C$14.00 at CIBC, GE Announces Its Plan To Sell The Distributed Power Business To Advent International, Ebang Communication Resorts To The Filing Of An IPO In Hong Kong, How to Open DAA, VCD, NRG, IMG, MDF Files, Smart or Risky? Altair Engineering does not have a long track record of dividend growth. View our earnings forecast for Altair Engineering. 332 ir@altair.com. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. The company has a 50-day moving average price of $49.12 and a 200-day moving average price of $42.47. Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions worldwide. 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. MarketBeat just released five new trading ideas, but Altair Engineering wasn't one of them. ALTR stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bradley Foster & Sargent Inc. CT, Federated Hermes Inc., Conestoga Capital Advisors LLC, Psagot Investment House Ltd., Comerica Bank, King Luther Capital Management Corp, and JPMorgan Chase & Co.. View insider buying and selling activity for Altair Engineering or or view top insider-buying stocks. Altair Engineering does not currently pay a dividend. Some companies that are related to Altair Engineering include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Xilinx (XLNX), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR) and Inphi (IPHI). Vanguard Group Inc. boosted its position in shares of Altair Engineering by 8.2% during the 2nd quarter. The consensus among Wall Street analysts is that investors should "hold" Altair Engineering stock. The company issued revenue guidance of $448-453 million, compared to the consensus revenue estimate of $452.95 million. Altair Engineering had a negative net margin of 3.08% and a positive return on equity of 1.10%. Guggenheim upgraded shares of Altair Engineering from a “sell” rating to a “neutral” rating in a research note on Thursday, September 10th. The consensus estimate was a loss of $0.20 per share on revenue of $98.0 million. altair engineering inc. and subsidiaries. The software can be reached via phone at 248-614-2400 or via email at [email protected]. But in complexity, there is opportunity for innovative solutions. 6 equities research analysts have issued 12-month price objectives for Altair Engineering's stock. 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, together with its subsidiaries, provides software and cloud solutions worldwide. Altair Engineering (NASDAQ:ALTR) last released its quarterly earnings results on Thursday, November 5th. Shares of ALTR can be purchased through any online brokerage account. (ALTR) raised $144 million in an initial public offering (IPO) on Wednesday, November 1st 2017. Altair Engineering has 2,950 employees across 69 locations and $458.92 M in annual revenue in FY 2019. To see all exchange delays and terms of use please see disclaimer. Altair Engineering Inc, together with its subsidiaries, provides software and cloud solutions worldwide. Please log in to your account or sign up in order to add this asset to your watchlist. The firm owned 274,617 shares of the software’s stock after buying an additional 8,124 shares during the quarter. The company operates through two segments, Software and Client Engineering … 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. The company operates through two … A number of institutional investors have recently added to or reduced their stakes in the stock. This suggests that the stock has a possible downside of 19.7%. The company operates through two segments, Software and Client Engineering Services. Charles Schwab Investment Management Inc. increased its position in Altair Engineering Inc. (NASDAQ:ALTR) by 3.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). Receive a free world-class investing education from MarketBeat. Documentation. The software earned $106.46 million during the quarter, compared to the consensus estimate of $97.96 million. The company presently has a consensus rating of “Hold” and a consensus price target of $45.14. Learn more. You may vote once every thirty days. The stock was sold at an average price of $44.09, for a total transaction of $132,270.00. View our full suite of financial calendars and market data tables, all for free. View the latest news on ALTR company insiders for their impact on company performance. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. Brett R. Chouinard also recently made the following trade(s): NASDAQ ALTR opened at $55.08 on Wednesday. Vote “Underperform” if you believe ALTR will underperform the S&P 500 over the long term. Altair Engineering Inc, together with its subsidiaries, provides software and cloud solutions worldwide. Looking for new stock ideas? Conestoga Capital Advisors LLC boosted its position in shares of Altair Engineering by 6.2% during the 3rd quarter. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. (Add your “underperform” vote.). Altair Engineering trades on the NASDAQ under the ticker symbol "ALTR.". BlackRock Inc. grew its holdings in Altair Engineering by 11.4% during the 3rd quarter. Conestoga Capital Advisors LLC now owns 2,258,125 shares of the software’s stock valued at $94,796,000 after acquiring an additional 130,983 shares during the last quarter. Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. Learn everything you need to know about successful options trading with this three-part video course. The company also provided guidance below the consensus estimates. Altair Engineering Inc, together with its subsidiaries, provides software and cloud solutions worldwide. Altair Engineering, Inc. Attn: Steven Rivkin, 1820 E. Big Beaver Road, Troy, MI 48083 srivkin@altair.com. Ltd. India: Altair Engineering Ltd. Want to see which stocks are moving? Altair Engineering has received 58.07% “underperform” votes from our community. In the past three months, Altair Engineering insiders have sold more of their company's stock than they have bought. Only 29.27% of the stock of Altair Engineering is held by insiders. Disclaimer of Warranties. They provide product design and engineering, enterprise services, data analytics, IoT and cloud computing. On Thursday, October 29th, Brett R. Chouinard sold 3,000 shares of Altair Engineering stock. Altair Engineering has only been the subject of 3 research reports in the past 90 days. Altair Product Design, Inc. Michigan, United States: Altair Engineering India Pvt. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. It also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in marine, motorcycle, aerospace, chemical, and architecture industries. View all of ALTR's competitors. RnM newly added a research report on the Automotive Simulation Models (ASM) market, which represents a study for the period from 2020 to 2026.The research study provides a near look at the market scenario and dynamics impacting its growth. One share of ALTR stock can currently be purchased for approximately $57.92. The firm had revenue of $106.46 million during the quarter, compared to analyst estimates of $97.96 million. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Altair was founded by James R Scapa, George Christ, and Mark Kistner in 1985. Altair Engineering Inc. (NASDAQ:ALTR) released its quarterly earnings data on Thursday, November, 5th. Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions worldwide. Fundamental company data provided by Morningstar and Zacks Investment Research. Top institutional shareholders include BlackRock Inc. (5.71%), Neuberger Berman Group LLC (3.13%), Conestoga Capital Advisors LLC (3.09%), State Street Corp (1.19%), Bradley Foster & Sargent Inc. CT (0.50%) and Federated Hermes Inc. (0.41%). Bradley Foster & Sargent Inc. CT bought a new position in shares of Altair Engineering during the 3rd quarter valued at approximately $15,450,000. Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions worldwide. Altair Engineering's mailing address is 1820 EAST BIG BEAVER ROAD, TROY MI, 48083. Altair Engineering, Inc. is the data controller of the Personal Data you provide on the Websites. Altair Engineering updated its FY 2020 View institutional ownership trends for Altair Engineering. Altair Engineering is the creator of the HyperWorks suite of CAE software products. Altair Engineering had a negative net margin of 3.08% and a positive return on equity of 1.10%. All rights reserved. Royal Bank of Canada upped their target price on shares of Altair Engineering from $42.00 to $49.00 and gave the company a “sector perform” rating in a research note on Monday, November 9th. Investor Relations The Blueshirt Group Monica Gould 212-871-3927 Lindsay Savarese 212-331-8417 ir@altair.com ALTAIR ENGINERING INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS The company operates through two segments, Software and Client Engineering Services. Posted by Maurice Goldstein on Dec 9th, 2020. Altair Engineering has received a consensus rating of Hold. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Like the Nemetschek group of companies, Altair Engineering owns subsidiaries and is also a solid supporter of Apple’s computing platforms in the engineering and design markets. Only Forward. ), Altair Engineering has received 745 “underperform” votes. Altair Engineering Inc. is an American multinational information technology company headquartered in Troy, Michigan. Altair Engineering's stock is owned by a number of institutional and retail investors. Altair Dave Simon 248-614-2400 ext. The company was founded in 1985 and is headquartered in Troy, Michigan. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. The company operates through two segments, Software and Client Engineering Services. On average, they anticipate Altair Engineering's share price to reach $46.50 in the next twelve months. Altair Engineering Inc Cl A (ALTR) reported a 3rd Quarter September 2020 loss of $0.06 per share on revenue of $106.5 million. Subsidiaries to Altair Engineering include Datawatch and Panopticon Gallery. See what's happening in the market right now with MarketBeat's real-time news feed. View Altair Engineering's earnings history. © 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. On Thursday, September 24th, Brett R. Chouinard sold 3,000 shares of Altair Engineering stock. The company operates through two segments, Software and Client Engineering Services. View analyst ratings for Altair Engineering or view MarketBeat's top 5 stock picks. Altair Engineering, Inc. is the data controller of the Personal Data you provide on the Websites. The company operates through two segments, Software and Client Engineering Services. Export data to Excel for your own analysis. Altair Engineering is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021. 51.42% of the stock of Altair Engineering is held by institutions. Earnings for Altair Engineering are expected to grow in the coming year, from ($0.12) to $0.07 per share. The shares were sold at an average price of $41.05, for a total transaction of $123,150.00. 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. Get daily stock ideas top-performing Wall Street analysts. High institutional ownership can be a signal of strong market trust in this company. It employs 2950 people. 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altair Engineering in the last twelve months. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. Altair Engineering has a consensus rating of “Hold” and an average target price of $44.14. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 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. Reports in the stock of altair Engineering was n't one of them 448-453 million, compared to the estimate! Price to reach $ 46.50 in the stock of altair Engineering insiders have sold of. Ltd. altair Engineering trades on the Websites $ 39.91, for a total transaction of $ 123,150.00 its quarterly... 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