altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. privately held with more than 2,500 employees, altair has more than 45 offices in 24 countries throughout north america, south america, europe and asia/pacific. with a 30-year track record for product design, advanced engineering software, on-demand computing technologies and enterprise analytics solutions, altair consistently delivers a competitive advantage to more than 5,000 corporate clients representing the automotive, aerospace, government and defense, and consumer products verticals. altair also has a growing client presence in the life sciences, financial services and energy markets.
Company profile
Ticker
ALTR
Exchange
Website
CEO
James Scapa
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
Altair Engineering Ing.
SEC CIK
Corporate docs
Subsidiaries
Datawatch Corporation • Altair Product Design, Inc. • Ilumisys Inc. • Altair Bellingham LLC • Altair Bellingham II, LLC • Altair Bellingham III, LLC • RapidMiner, Inc. • Vanderplaats Research • Altair Engineering Canada, Ltd. • Altair Engineering (Pty) Ltd. ...
ALTR stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
S-8
Registration of securities for employees
22 Feb 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Altair Announces Fourth Quarter and Full Year 2023 Financial Results
22 Feb 24
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Altair Announces Third Quarter 2023 Financial Results
2 Nov 23
UPLOAD
Letter from SEC
15 Aug 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
Transcripts
ALTR
Earnings call transcript
2023 Q3
2 Nov 23
ALTR
Earnings call transcript
2023 Q2
3 Aug 23
ALTR
Earnings call transcript
2023 Q1
4 May 23
ALTR
Earnings call transcript
2022 Q4
23 Feb 23
ALTR
Earnings call transcript
2022 Q3
3 Nov 22
ALTR
Earnings call transcript
2022 Q2
7 Aug 22
ALTR
Earnings call transcript
2022 Q1
7 May 22
ALTR
Earnings call transcript
2021 Q4
26 Feb 22
ALTR
Earnings call transcript
2021 Q4
24 Feb 22
ALTR
Earnings call transcript
2021 Q3
8 Nov 21
Latest ownership filings
4
George J Christ
11 Apr 24
4
Change in insider ownership
11 Apr 24
4
Teresa A Harris
3 Apr 24
144
Notice of proposed sale of securities
2 Apr 24
4
George J Christ
1 Apr 24
4
Change in insider ownership
1 Apr 24
4
George J Christ
28 Mar 24
4
Change in insider ownership
28 Mar 24
4
George J Christ
26 Mar 24
4
Change in insider ownership
26 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 431.42 mm | 431.42 mm | 431.42 mm | 431.42 mm | 431.42 mm | 431.42 mm |
Cash burn (monthly) | (no burn) | (no burn) | 3.75 mm | 665.58 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 24.96 mm | 4.43 mm | n/a | n/a |
Cash remaining | n/a | n/a | 406.45 mm | 426.99 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 108.3 | 641.5 | n/a | n/a |
Institutional ownership, Q3 2023
28.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 210 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 16.01 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
James Ralph Scapa | 10.43 mm | $0.00 |
George J Christ | 5.58 mm | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Apr 24 | Christ Revocable Trust | Class A Common Stock | Sell | Dispose S | No | No | 86.573 | 638 | 55.23 k | 187,217 |
9 Apr 24 | Christ Revocable Trust | Class A Common Stock | Sell | Dispose S | No | No | 85.8086 | 12,145 | 1.04 mm | 187,855 |
9 Apr 24 | George J Christ | Class A Common Stock | Sell | Dispose S | Yes | No | 86.573 | 638 | 55.23 k | 187,217 |
9 Apr 24 | George J Christ | Class A Common Stock | Sell | Dispose S | Yes | No | 85.8086 | 12,145 | 1.04 mm | 187,855 |
2 Apr 24 | Harris Teresa A | Class A Common Stock | Sell | Dispose S | No | Yes | 84 | 620 | 52.08 k | 18,895 |
2 Apr 24 | Harris Teresa A | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 620 | 0.00 | 19,515 |
2 Apr 24 | Harris Teresa A | Stock Option Class A Common Stock | Option exercise | Dispose M | No | No | 4.52 | 620 | 2.80 k | 16,360 |
28 Mar 24 | Christ Revocable Trust | Class A Common Stock | Sell | Dispose S | No | No | 85.9866 | 83,336 | 7.17 mm | 200,000 |
28 Mar 24 | George J Christ | Class A Common Stock | Sell | Dispose S | Yes | No | 85.9866 | 83,336 | 7.17 mm | 200,000 |
News
JP Morgan Maintains Overweight on Altair Engineering, Raises Price Target to $95
26 Mar 24
Needham Reiterates Buy on Altair Engineering, Maintains $100 Price Target
25 Mar 24
Assessing Altair Engineering: Insights From 4 Financial Analysts
21 Mar 24
RBC Capital Reiterates Sector Perform on Altair Engineering, Maintains $90 Price Target
21 Mar 24
10 Information Technology Stocks With Whale Alerts In Today's Session
29 Feb 24
Press releases
Altair Acquires Cambridge Semantics, Powering Next-Generation Enterprise Data Fabrics and Generative AI
18 Apr 24
Altair to Showcase AI-Powered Engineering Capabilities at Hannover Messe 2024
10 Apr 24
Altair Wins 2024 Google Cloud North America Partner of the Year Award for Diversity, Equity, and Inclusion
9 Apr 24
Altair SimSolid Transforms Simulation for Electronics Industry
20 Mar 24
Altair Expands Defense and Healthcare and Life Sciences Segment Leadership
22 Feb 24