ALTR

Altair Engineering Inc

ALTR.US altair.com
Price N/A
USD · NASDAQ
52-week range
0.00
0.00
Market Cap
9.63B
P/E Ratio
699.06
Forward P/E
82.64
Book Value
10.02
Div. Yield
N/A
% Institutions
92.53%
% Insiders
2.00%

1 Year

+32.6%

3 Year

+74.8%

10 Year

+510.9%
Description

Altair Engineering Inc., together with its subsidiaries, develops and offers software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates through two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company develops and sells solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was founded in 1985 and is based in Troy, Michigan. As of March 26, 2025, Altair Engineering Inc. operates as a subsidiary of Siemens Prod

Company Information

Company Name
Altair Engineering Inc
Sector
Technology
Industry
Software - Application
Exchange
NASDAQ
ISIN: US0213691035
CIK: 0001701732
CUSIP: 021369103
Currency: USD
Full Time Employees: 3,500
Phone: 248 614 2400
Website: altair.com
Fiscal Year End: December
IPO Date: Nov 01, 2017
Description:

Altair Engineering Inc., together with its subsidiaries, develops and offers software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates through two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company develops and sells solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was founded in 1985 and is based in Troy, Michigan. As of March 26, 2025, Altair Engineering Inc. operates as a subsidiary of Siemens Prod

Address:

1820 East Big Beaver Road, Troy, MI, United States, 48083

People

Directors & Officers

Name Title Year Born
Mr. James R. Scapa Founder, Chairman & CEO 1957
Mr. Srikanth Mahalingam Chief Technology Officer 1971
Mr. Nelson Dias Chief Revenue Officer 1967
Mr. Stephen Palmtag Head of Investor Relations NA
Mr. Martin Nichols Chief Purchasing Officer 1963
Mr. Ming Zhou Senior Vice President of Software Development - Structural Analysis and Optimization NA
Mr. Ubaldo Rodriguez Senior Vice President of Global Sales NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 17, 2025 Amy Messano N/A Sale 416.00 $111.30 $46.30K
Mar 17, 2025 Stephanie Buckner N/A Sale 47.00 $111.30 $5.23K
Mar 17, 2025 Nelson Dias N/A Sale 1.67K $111.30 $185.98K
Mar 17, 2025 Jeffrey Marraccini N/A Sale 90.00 $111.30 $10.02K
Mar 17, 2025 James Ralph Scapa N/A Sale 9.00 $111.30 $1.00K
Mar 17, 2025 Brian Gayle N/A Sale 182.00 $111.30 $20.26K
Mar 06, 2025 Teresa A Harris N/A Sale 450.00 $111.08 $49.99K
Mar 03, 2025 Matthew Charles Brown N/A Sale 742.00 $111.45 $82.70K
Mar 03, 2025 Stephanie Buckner N/A Sale 62.00 $111.45 $6.91K
Mar 03, 2025 Nelson Dias N/A Sale 491.00 $111.45 $54.72K
Mar 03, 2025 Jeffrey Marraccini N/A Sale 197.00 $111.45 $21.96K
Mar 03, 2025 Brian Gayle N/A Sale 184.00 $111.45 $20.51K
Mar 03, 2025 Amy Messano N/A Sale 255.00 $111.45 $28.42K
Feb 26, 2025 Ravi Kunju N/A Sale 120.00 $111.53 $13.38K
Feb 26, 2025 Nelson Dias N/A Sale 373.00 $111.53 $41.60K
Feb 26, 2025 Matthew Charles Brown N/A Sale 3.81K $111.53 $425.04K
Feb 26, 2025 Amy Messano N/A Sale 235.00 $111.53 $26.21K
Feb 26, 2025 Brian Gayle N/A Sale 137.00 $111.53 $15.28K
Feb 25, 2025 Teresa A Harris N/A Sale 2.70K $111.61 $301.35K
Dec 23, 2024 Matthew Charles Brown N/A Sale 1.05K $108.90 $114.13K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
AllianceBernstein L.P. 1.07M Dec 31, 2024 1.24% $0.04 -16.10%
Northern Trust Corp 751.19K Dec 31, 2024 0.88% $0.01 9.21%
Magnetar Financial LLC 569.53K Dec 31, 2024 0.66% $1.43 0.00%
Millennium Management LLC 560.61K Dec 31, 2024 0.65% $0.03 0.00%
Cnh Partners, LLC 487.90K Dec 31, 2024 0.57% $1.17 0.00%
NORGES BANK 347.35K Dec 31, 2024 0.40% $0.01 386.44%
Schonfeld Strategic Advisors LLC 331.53K Dec 31, 2024 0.39% $0.21 13,097.77%
Needham Investment Management, LLC 225.00K Dec 31, 2024 0.26% $1.89 -2.81%
Westchester Capital Management LLC 210.02K Dec 31, 2024 0.24% $1.25 0.00%
UBS Group AG 192.50K Dec 31, 2024 0.22% $0.00 460.15%
HSBC Holdings PLC 180.62K Dec 31, 2024 0.21% $0.01 0.00%
Nuveen Asset Management, LLC 169.11K Dec 31, 2024 0.20% $0.01 4.35%
Comerica Bank 163.22K Dec 31, 2024 0.19% $0.07 -18.42%
Amvescap Plc. 87.83K Dec 31, 2024 0.10% $0.00 -93.75%
Envestnet Asset Management Inc 80.96K Dec 31, 2024 0.09% $0.00 -4.82%
Bank of Montreal 70.05K Dec 31, 2024 0.08% $0.00 466.17%
Pentwater Capital Management LP 69.36K Dec 31, 2024 0.08% $0.08 0.00%
Susquehanna International Group, LLP 68.26K Dec 31, 2024 0.08% $0.00 816.51%
Sit Investment Associates Inc 63.54K Dec 31, 2024 0.07% $0.16 0.00%
Polar Asset Management Partners 50.00K Dec 31, 2024 0.06% $0.06 0.00%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Fidelity Small Cap Index 538.60K 0.63% ▲ 0.41% Feb 28, 2025
2 Belfius Equities Rob&InnovTech C$ Cap 367.79K 0.43% ▼ 0.01% Oct 31, 2024
3 The Merger Fund A 169.27K 0.20% ▲ 0.00% Dec 31, 2024
4 Deka-Industrie 4.0 CF 160.00K 0.19% ▼ 11.11% Nov 30, 2024
5 Candriam Global Equities Climate Action 119.33K 0.14% ▲ 38.49% Sep 30, 2024
6 Belfius Equities Climate C Cap 95.64K 0.11% ▲ 7.88% Oct 31, 2024
7 Nicholas Limited Edition I 84.87K 0.10% ▲ 0.00% Dec 31, 2024
8 Nicholas Small-Cap Growth Equity 84.87K 0.10% ▲ 0.00% Dec 31, 2024
9 Fidelity Canadian Large Cap Sr B 70.00K 0.08% ▲ 0.00% Dec 31, 2024
10 Candriam Sustainable Eq Fut Mblty V $Acc 54.31K 0.06% ▲ 0.00% Oct 31, 2024

Financial Highlights

Market Cap: $9.63B
EBITDA: $60.33M
P/E Ratio: $699.06
PEG Ratio: $5.74
Book Value: $10.02
Earnings/Share: $0.16
Profit Margin: 2.13%
Operating Margin: 5.84%
ROA (TTM): 0.81%
ROE (TTM): 1.81%
Revenue (TTM): $665.79M
Revenue/Share (TTM): $7.92
Earnings Growth (YOY): -95.10%
Revenue Growth (YOY): 12.30%

Valuation Metrics

Enterprise Value: $9.33B
Trailing P/E: 699.06
Forward P/E: 82.64

Shares Statistics

Shares Outstanding: 60.73M
Shares Float: 47.95M
% Insiders: 2.00%
% Institutions: 92.53%
Short % Float: 14.22%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$665.79M
Cost of Goods Sold
adjust
$-124.80M
Gross Profit
subtotal
$540.99M
SG&A
adjust
$-90.15M
R&D
adjust
$-221.16M
Other Operating Expense
adjust
$-211.99M
Operating Income
subtotal
$17.69M
Other / Non-Operating Items
adjust
$-3.51M
Net Income
subtotal
$14.18M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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