Analyst Ratings For Altair Engineering Inc (NASDAQ:ALTR)
Today, Needham & Company LLC raised its price target on Altair Engineering Inc (NASDAQ:ALTR) to $42.00 per share.
There are 4 Buy Ratings, 3 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.
The current consensus rating on Altair Engineering Inc (NASDAQ:ALTR) is Buy with a consensus target price of $39.6667 per share, a potential 2.68% upside.
Some recent analyst ratings include
- 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 3/5/2019 Brett R Chouinard, President, sold 4,000 with an average share price of $35.61 per share and the total transaction amounting to $142,440.00.
- On 3/5/2019 Martin E Nichols, Insider, sold 5,000 with an average share price of $35.59 per share and the total transaction amounting to $177,950.00.
- On 6/11/2018 Brett R Chouinard, President, sold 75,000 with an average share price of $33.43 per share and the total transaction amounting to $2,507,250.00.
- On 6/11/2018 George J Christ, Major Shareholder, sold 600,000 with an average share price of $33.43 per share and the total transaction amounting to $20,058,000.00.
- On 6/11/2018 Howard N Morof, CFO, sold 210,000 with an average share price of $33.43 per share and the total transaction amounting to $7,020,300.00.
- On 6/11/2018 James E Brancheau, Director, sold 120,000 with an average share price of $33.43 per share and the total transaction amounting to $4,011,600.00.
- On 6/11/2018 James Ralph Scapa, CEO, sold 1,075,420 with an average share price of $33.43 per share and the total transaction amounting to $35,951,290.60.
About Altair Engineering Inc (NASDAQ:ALTR)
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions worldwide. The company operates through two segments, Software and Client Engineering Services. Its integrated suite of multi-disciplinary computer aided engineering software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling and embedded systems. The company offers software products in the areas of design, modeling, visualization; physics simulation; data intelligence; cloud 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. It also provides consulting, training, and implementation services; and client engineering services to support customers with ongoing product design and development services. The company was founded in 1985 and is headquartered in Troy, Michigan.
Recent Trading Activity for Altair Engineering Inc (NASDAQ:ALTR)
Shares of Altair Engineering Inc closed the previous trading session at 38.62 up +0.060 0.16% with 38.74 shares trading hands.
