Altair Engineering Inc (NASDAQ:ALTR) price target lowered to $40.00 by Needham & Company LLC

ME Staff
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Analyst Ratings For Altair Engineering Inc (NASDAQ:ALTR)

Today, Needham & Company LLC lowered its price target on Altair Engineering Inc (NASDAQ:ALTR) to $40.00 per share.

There are 3 Hold Ratings, 2 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Altair Engineering Inc (NASDAQ:ALTR) is Hold with a consensus target price of $37.90 per share, a potential 8.10% upside.

Some recent analyst ratings include

  • 8/9/2019-Altair Engineering Inc (NASDAQ:ALTR) gets downgraded to Hold by Deutsche Bank
  • 3/19/2019-Altair Engineering Inc (NASDAQ:ALTR) has coverage initiated with a Neutral ➝ Neutral rating and $37.70 price target
  • 11/13/2018-Altair Engineering Inc (NASDAQ:ALTR) had its Hold rating reiterated by Canaccord Genuity with a $36.00 price target
  • 8/23/2018-Altair Engineering Inc (NASDAQ:ALTR) had its Outperform rating reiterated by William Blair
  • On 8/5/2019 Uwe Schramm, Insider, sold 2,000 with an average share price of $39.51 per share and the total transaction amounting to $79,020.00.
  • On 8/2/2019 James Ralph Scapa, CEO, sold 90,000 with an average share price of $40.65 per share and the total transaction amounting to $3,658,500.00.
  • On 8/2/2019 R. Scapa Declaration Of James, Major Shareholder, sold 80,000 with an average share price of $40.61 per share and the total transaction amounting to $3,248,800.00.
  • On 7/17/2019 Howard N Morof, CFO, sold 4,000 with an average share price of $41.82 per share and the total transaction amounting to $167,280.00.
  • On 7/15/2019 Uwe Schramm, Insider, sold 2,000 with an average share price of $41.14 per share and the total transaction amounting to $82,280.00.
  • On 7/12/2019 Christ Revocable Trust, Major Shareholder, sold 20,425 with an average share price of $41.35 per share and the total transaction amounting to $844,573.75.
  • On 7/11/2019 James Dagg, Insider, sold 8,000 with an average share price of $42.04 per share and the total transaction amounting to $336,320.00.

Recent Trading Activity for Altair Engineering Inc (NASDAQ:ALTR)
Shares of Altair Engineering Inc closed the previous trading session at 35.06 −6.93 16.50% with 39.71 shares trading hands.