Value Investing Philosophy And Altair Engineering Inc (NASDAQ: ALTR)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

ALTR belongs to the Technology sector of the NASDAQ while operating in the Software – Application industry. The current market capitalization of Altair Engineering Inc is $9.58B. A total of 0.74 million shares were traded on the day, compared to an average of 766.57K shares.

In the most recent transaction, Brown Matthew Charles sold 1,048 shares of ALTR for 108.90 per share on Dec 23 ’24. After the transaction, the Chief Financial Officer now owns 55,519 company shares. In a previous transaction on Dec 23 ’24, Brown Matthew Charles bought 1,043 shares at 108.70 per share.

Among the insiders who sold shares, Dias Nelson disposed of 22,500 shares on Dec 10 ’24 at a per-share price of $106.23. This resulted in the Chief Revenue Officer holding 48,437 shares of ALTR after the transaction. In another insider transaction, Dias Nelson bought 22,500 shares at $106.17 per share on Dec 10 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ALTR has a high of $113.12 and a low of $75.71.

As of this writing, ALTR has an earnings estimate of $0.42 per share for the current quarter. EPS was calculated based on a consensus of 8.0 estimates, with a high estimate of $0.48 per share and a lower estimate of $0.38.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ALTR’s latest balance sheet shows that the firm has $413.74M in Cash & Short Term Investments as of fiscal 2021. There were $229.19M in debt and $473.98M in liabilities at the time. Its Book Value Per Share was $10.02, while its Total Shareholder’s Equity was $613.98M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALTR is Buy with a score of 2.71.

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