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Altair Engineering (NASDAQ:ALTR) Stock, Insider Trading Activity
Altair Engineering: Insider buying and selling updated today.
What is Insider Activity?
Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.
What are Altair Engineering Inc Insiders Doing?
At Altair Engineering Inc, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 200.36K shares worth $21.35M, meanwhile, insiders have report no purchases in the last 30 days.
Notable Recent Insider Buys and Sales
- On November 12, 2024, Ravi Kunju, the company's CHIEF PRODUCT STRATEGY OFFICER sold 360 shares for $103.65 each.
- On September 30, 2024, Christ Revocable Trust, the company's 10% OWNER sold 50.05K shares for $95.07 each.
- On September 30, 2024, George J Christ, the company's 10% OWNER sold 50.05K shares for $95.07 each.
Ownership Statistics for Altair Engineering Inc
Shares Outstanding
85.184M
Insider Shares Owned
2.341M
Insider Percentage Owned
2.75%
Institutional Shares Held
47.528M
Institutional Percentage Held
55.8%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
What are some examples of market manipulation?
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.
Browse insider trades on all stocks.