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Altair Engineering Inc (ALTR) CEO James Ralph Scapa Sold $3.7 million of Shares

CEO of Altair Engineering Inc (30-Year Financial, Insider Trades) James Ralph Scapa (insider trades) sold 90,000 shares of ALTR on 08/02/2019 at an average price of $40.65 a share. The total sale was $3.7 million.

Altair Engineering Inc is a provider of enterprise-class engineering software. It also provides services related to its software including consulting, training, implementation services, and support, along with technical services for product development. Altair Engineering Inc has a market cap of $2.83 billion; its shares were traded at around $39.69 with a P/E ratio of 283.47 and P/S ratio of 6.95. GuruFocus has detected 2 severe warning signs with Altair Engineering Inc. .

CEO Recent Trades:

  • CEO, 10% Owner James Ralph Scapa sold 90,000 shares of ALTR stock on 08/02/2019 at the average price of $40.65. The price of the stock has decreased by 2.36% since.

CFO Recent Trades:

  • CFO Howard N Morof sold 4,000 shares of ALTR stock on 07/17/2019 at the average price of $41.82. The price of the stock has decreased by 5.09% since.

Directors and Officers Recent Trades:

  • 10% Owner R. Scapa Declaration Of James sold 80,000 shares of ALTR stock on 08/02/2019 at the average price of $40.61. The price of the stock has decreased by 2.27% since.
  • 10% Owner Investments Llc Jrs sold 10,000 shares of ALTR stock on 08/02/2019 at the average price of $40.93. The price of the stock has decreased by 3.03% since.
  • 10% Owner George J Christ sold 120,000 shares of ALTR stock on 08/02/2019 at the average price of $40.66. The price of the stock has decreased by 2.39% since.
  • 10% Owner Revocable Trust Christ sold 80,000 shares of ALTR stock on 08/02/2019 at the average price of $40.69. The price of the stock has decreased by 2.46% since.
  • 10% Owner Investments Llc Gc sold 40,000 shares of ALTR stock on 08/02/2019 at the average price of $40.59. The price of the stock has decreased by 2.22% since.

For the complete insider trading history of ALTR, click here

.This article first appeared on GuruFocus.