Altair Engineering Stock Today
| ALTR Stock | USD 111.57 0.13 0.12% |
PerformanceSolid
| Odds Of DistressVery Low
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Altair Engineering is selling at 111.57 as of the 25th of February 2025; that is 0.12 percent decrease since the beginning of the trading day. The stock's lowest day price was 111.48. Altair Engineering has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on August 7, 2014, Senator John Reed of US Senate acquired under $15k worth of Altair Engineering's common stock.
Business Domain Software & Services | IPO Date 1st of November 2017 | Category Technology | Classification Information Technology |
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan. The company has 60.4 M outstanding shares of which 4.06 M shares are presently shorted by private and institutional investors with about 4.95 trading days to cover. More on Altair Engineering
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Altair Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman Founder | James Scapa | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, PSI 20 Stock, Nasdaq 100 Total, SP Midcap 400, PSI All Share, NASDAQ Composite, NASDAQ Composite Total, Air, ESG Investing, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAltair Engineering can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Altair Engineering's financial leverage. It provides some insight into what part of Altair Engineering's total assets is financed by creditors.
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Altair Engineering (ALTR) is traded on NASDAQ Exchange in USA. It is located in 1820 East Big Beaver Road, Troy, MI, United States, 48083 and employs 3,500 people. Altair Engineering is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.59 B. Altair Engineering conducts business under Software sector and is part of Information Technology industry. The entity has 60.4 M outstanding shares of which 4.06 M shares are presently shorted by private and institutional investors with about 4.95 trading days to cover.
Altair Engineering currently holds about 416.14 M in cash with 154.08 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.2.
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Ownership AllocationAltair Engineering holds a total of 60.4 Million outstanding shares. The majority of Altair Engineering outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Altair Engineering to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Altair Engineering. Please pay attention to any change in the institutional holdings of Altair Engineering as this could imply that something significant has changed or is about to change at the company. On August 7, 2014, Senator John Reed of US Senate acquired under $15k worth of Altair Engineering's common stock.
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Altair Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Candriam Luxembourg S.c.a. | 2024-12-31 | 614.3 K | |
| Dimensional Fund Advisors, Inc. | 2024-12-31 | 591.6 K | |
| Magnetar Financial Llc | 2024-12-31 | 569.5 K | |
| Abrdn Plc | 2024-12-31 | 566.9 K | |
| Millennium Management Llc | 2024-12-31 | 560.6 K | |
| Morgan Stanley - Brokerage Accounts | 2024-12-31 | 547.9 K | |
| Bamco Inc | 2024-12-31 | 539 K | |
| Charles Schwab Investment Management Inc | 2024-12-31 | 506.6 K | |
| Bank Of New York Mellon Corp | 2024-12-31 | 421.9 K | |
| Matrix Capital Management Company, Llc | 2024-12-31 | 12.4 M | |
| Blackrock Inc | 2024-12-31 | 7.5 M |
Altair Engineering Historical Income Statement
Altair Stock Against Markets
Altair Engineering Corporate Management
| Matthew Brown | Chief Officer | Profile | |
| Nelson Dias | Chief Officer | Profile | |
| Stephanie Buckner | Chief Officer | Profile | |
| Srikanth Mahalingam | Chief Officer | Profile | |
| Gilma Saravia | Chief Officer | Profile | |
| Martin Nichols | Chief Officer | Profile | |
| David Simon | Senior Relations | Profile |
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The danger of trading Altair Engineering is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Altair Engineering is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Altair Engineering. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Altair Engineering is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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When running Altair Engineering's price analysis, check to measure Altair Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.