Altair Engineering Inc (NASDAQ: ALTR) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Altair Engineering Inc is listed on the NASDAQ in the Technology sector while operating in the Software – Application industry. The current market capitalization of Altair Engineering Inc is $9.55B. A total of 0.58 million shares were traded on the day, compared to an average of 780.18K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ALTR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, Messano Amy sold 255 shares of ALTR for 111.45 per share on Mar 03 ’25. After the transaction, the Chief Marketing Officer now owns 23,396 company shares. In a previous transaction on Mar 03 ’25, Marraccini Jeffrey sold 197 shares at 111.45 per share. ALTR shares that the insider owns now total 5,552.

Among the insiders who sold shares, Gayle Brian disposed of 184 shares on Mar 03 ’25 at a per-share price of $111.45. This resulted in the Chief Accounting Officer holding 18,190 shares of ALTR after the transaction. In another insider transaction, Dias Nelson sold 491 shares at $111.45 per share on Mar 03 ’25. Company shares held by the Chief Revenue Officer now total 57,082.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ALTR in the last 3 months, the mean price target is $113.00 with high estimates of $113.00 and low estimates of $113.00. 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

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on 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

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. 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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