ALTR - Massive Insider Trade At Altair Engineering | Benzinga
George J Christ, 10% Owner at Altair Engineering (NASDAQ:ALTR), executed a substantial insider sell on June 28, according to an SEC filing.
What Happened: After conducting a thorough analysis, Christ sold 100,000 shares of Altair Engineering. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Friday. The total transaction value is $9,839,631.
Altair Engineering's shares are actively trading at $98.59, experiencing a up of 0.74% during Friday's morning session.
All You Need to Know About Altair Engineering
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
Altair Engineering's Economic Impact: An Analysis
Revenue Growth: Altair Engineering displayed positive results in 3 ...