Altair Engineering Stock Today
Altair Engineering is selling at 111.85 as of the 8th of April 2025; that is 0.04 percent increase since the beginning of the trading day. The stock's lowest day price was 111.7. Note, on July 16, 2015, 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 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, PSI All Share, Nasdaq 100 Total, NASDAQ Composite, SP Midcap 400, 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 9.63 B. Altair Engineering conducts business under Software sector and is part of Information Technology industry. The entity has 60.73 M outstanding shares of which 5.11 M shares are presently shorted by private and institutional investors with about 7.47 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.
Check Altair Engineering Probability Of Bankruptcy
Altair Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2024-12-31 | 591.6 K | |
| Magnetar Financial Llc | 2024-12-31 | 569.5 K | |
| Aberdeen Group Plc | 2024-12-31 | 566.9 K | |
| Jpmorgan Chase & Co | 2024-12-31 | 566.8 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 | |
| Cnh Partners, Llc | 2024-12-31 | 487.9 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
View Altair Engineering Related Equities
| Risk & Return | Correlation |
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 |
Already Invested in Altair Engineering?
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.
Additional Tools for Altair Stock Analysis
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.