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Altair Engineering's CMO and CFO sold shares, yet the stock value rose to a 52-week high despite lower earnings.
Altair Engineering's CMO, Amy Messano, and CFO, Matthew Charles Brown, sold shares of the company's stock on February 26th, with Messano selling 235 shares and Brown selling 3,811 shares.
Despite recent insider selling and a lower-than-expected earnings report, Altair Engineering's stock value has risen, with a 52-week high of $113.12.
The company provides software and cloud solutions in simulation, design, computing, and AI.
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Altair Engineering's CMO y CFO vendieron acciones, sin embargo, el valor de las acciones subió a un máximo de 52 semanas a pesar de los ingresos más bajos.