MARKET

ALTR

ALTR

Altair
NASDAQ

Real-time Quotes | Nasdaq Last Sale

53.00
-0.90
-1.67%
After Hours: 53.00 0 0.00% 17:01 12/01 EST
OPEN
54.39
PREV CLOSE
53.90
HIGH
54.39
LOW
52.42
VOLUME
883.36K
TURNOVER
--
52 WEEK HIGH
54.48
52 WEEK LOW
23.04
MARKET CAP
3.90B
P/E (TTM)
-267.0025
1D
5D
1M
3M
1Y
5Y
News
Financial
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Profile
Altair to Present at the Berenberg European Conference
TROY, Mich., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Altair (NASDAQ: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance computing, announced today that James Scapa, chairman and chief executive officer, and Howard Morof, chief financial officer, will present at the Berenberg European Conference on Tuesday, December 1, 2020 at 11:00 a.m. ET. A live webcast, as well as a replay, of the presentation will be available on the company’s investor relations website at http://investor.altair.com.About Altair Altair is a global technology company that provides software and cloud solutions in the areas of simulation, data analytics, and high-performance computing. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. To learn more, please visit www.altair.com.Media Relations Jennifer Ristic Altair 216-849-3109 jristic@altair.comInvestor Relations The Blueshirt Group Monica Gould 212-871-3927 ir@altair.com
GlobeNewswire · 1d ago
Altair to Present at the RBC Capital Markets Global Technology, Internet, Media and Telecom Virtual Conference
TROY, Mich., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Altair (NASDAQ: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance computing, announced today that James Scapa, chairman and chief executive officer, and Howard Morof, chief financial officer, will present at the RBC Capital Markets Global Technology, Internet, Media and Telecom Virtual Conference on Wednesday, November 18, 2020 at 9:35 a.m. ET. A live webcast, as well as a replay, of the presentation will be available on the company’s investor relations website at http://investor.altair.com.About Altair Altair is a global technology company that provides software and cloud solutions in the areas of simulation, data analytics, and high-performance computing. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. To learn more, please visit www.altair.com.Media Relations Jennifer Ristic Altair 216-849-3109 jristic@altair.comInvestor Relations The Blueshirt Group Monica Gould 212-871-3927 ir@altair.com
GlobeNewswire · 11/16 21:05
What Makes Altair Engineering (ALTR) a New Buy Stock
Altair Engineering (ALTR) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Zacks · 11/12 17:00
Altair Introduces Altair Material Data Center
TROY, Mich., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Altair, (NASDAQ:ALTR) a global technology company providing solutions in data analytics, simulation, and high-performance computing (HPC), today announced the launch of
Benzinga · 10/28 11:25
Altair Named Official Supplier for Luna Rossa Prada Pirelli Team
The Luna Rossa Prada Pirelli engineering team uses Altair OptiStruct The Luna Rossa Prada Pirelli engineering team used Altair OptiStruct to optimize the composite structures of the boat, allowing them to reach an unmatched level of detail.TROY, Mich., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in data analytics, simulation, and high-performance computing (HPC), today announced an agreement with Luna Rossa Prada Pirelli, one of the challengers in the PRADA Cup and the 36th America’s Cup presented by Prada. Under this agreement, Altair is named an official supplier for the Luna Rossa Prada Pirelli team and will provide the engineering team of the sailing boat, AC75 Luna Rossa, with simulation software and engineering services. Altair’s simulation solutions have been applied to design, develop, and optimize most of the boat’s components, and used to study the structural side of fluid structure interaction (FSI). With this type of analysis, the Luna Rossa Prada Pirelli engineers investigated the response of the boat’s overall structural model to its impact with water, obtaining important information on how the composite structures of the hull, deck, and interior would react under dynamic conditions. The engineers also evaluated the shape of the components immersed in water under load, taking into account the orthotropic elastic properties of composites and connecting structures. Finally, the team applied topology optimization on many metal components to fully exploit the design flexibility provided by additive manufacturing. These optimizations resulted in organic structures with optimal material distribution at maximum stiffness.“We are delighted to welcome Altair as an official supplier,” said Alessandro Franceschetti, head of structural engineering of the Luna Rossa Prada Pirelli team. “Altair provides one of the most advanced and efficient composite design platforms on the market. The optimization of composite structures with Altair OptiStruct has allowed us to automate the ply-by-ply structural sizing processes of all primary structures of the boat, reaching an unmatched level of detail. This systematic and detailed approach to composite optimization has opened the door to a radical approach in the construction of components in the yard. It has also resulted in significant weight savings with the same structural efficiency while also improving the weight distribution of the boat.”“Altair empowers innovation,” said Pietro Cervellera, Altair’s senior vice president of EMEA. “We are proud to support the Luna Rossa Prada Pirelli team on its way to the next America’s Cup and are dedicated to providing the team with cutting edge solutions, which will give them a competitive advantage, leading to a successful race in Auckland. We wish the team the best of luck.”About Altair (Nasdaq: ALTR) Altair is a global technology company that provides software and cloud solutions in the areas of data analytics, simulation, and high-performance computing (HPC). Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. To learn more, please visit www.altair.com.Media Contacts:Altair Corporate  Altair Investor Relations Jennifer Ristic   Monica Gould, The Blueshirt Group +1.216.849.3109 +1 212.871.3927 jristic@altair.com ir@altair.com Altair Europe/The Middle East/Africa Evelyn Gebhardt +49 7031 6208 0   gebhardt@altair.de  A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fd0e55f0-0c43-4330-9359-4efd905c716a
GlobeNewswire · 10/27 12:00
Altair shifting many workloads to Oracle Cloud
Under the new multiyear agreement, Altair (ALTR) will run many of its internal workloads and commercial SaaS on Oracle (ORCL) Cloud infrastructure.The extended partnership will include Altair's high-performance engineering simulation and analytics
Seekingalpha · 09/22 18:02
Altair Accelerates Use Of Oracle Cloud Infrastructure
REDWOOD SHORES, Calif., Sept. 22, 2020 /PRNewswire/ --Today Oracle announced the expansion of its partnership with Altair, a global technology company providing solutions in data analytics, product
Benzinga · 09/22 17:36
Tracking Ron Baron's BAMCO Portfolio - Q2 2020 Update
BAMCO’s 13F portfolio value increased from $20.41B to $27.66B this quarter.Ron Baron added ZoomInfo Tech and increased Zillow Group during the quarter.Their top five positions are at ~22% of the overall portfolio.
Seekingalpha · 09/21 19:18
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Learn about the latest financial forecast of ALTR. Analyze the recent business situations of Altair through EPS, BVPS, FPS, and other data. This information may help you make smarter investment decisions.
Analyst Rating

Based on 8 analysts

Hold

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.

Analyst Price Target
The average ALTR stock price target is 50.17 with a high estimate of 55.00 and a low estimate of 42.00.
EPS
Institutional Holdings
Institutions: 197
Institutional Holdings: 41.70M
% Owned: 56.61%
Shares Outstanding: 73.66M
TypeInstitutionsShares
Increased
39
1.98M
New
33
857.93K
Decreased
50
1.72M
Sold Out
0
0
  • Performance
  • Asset Allocation
  • Dividend History
No Data
Industry
IT Services & Consulting
-0.47%
Software & IT Services
+0.57%
Key Executives
Chairman/Chief Executive Officer/Director
James Scapa
Chief Financial Officer
Norma Jean Zaleski
President/Chief Operating Officer/Director
Brett Chouinard
Chief Financial Officer
Howard Morof
Chief Administrative Officer
Tom Perring
Chief Technology Officer
Uwe Schramm
Chief Administrative Officer
David Simon
Director
Martin Clague
Chief Information Officer
Martin Nichols
Director
Louis Crain
Chief Marketing Officer
Amy Messano
Other
James Dagg
Independent Director
Steve Earhart
Other
Nelson Dias
Other
Massimo Fariello
Other
Mahalingam Srikanth
Independent Director
Mary Boyce
Independent Director
Stephen Earhart
Independent Director
Trace Harris
Independent Director
Richard Hart
Independent Director
Jan Kowal
  • Dividends
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  • Insider Activity
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About ALTR
Altair Engineering Inc. is a technology company providing software and cloud solutions in the areas of product design and development, performance computing and data analytics. The Company’s software platform enables users for product designing and development, manufacturing, energy management and exploration, financial services, health care and conducting retail operations. The Company’s offered software platform are categorized by Design, Modeling and Visualization; Physics Simulation; Data Analytics; High Performance Computing and Internet of Things (IoT).
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