Jeffrey Marraccini net worth and biography

Jeffrey Marraccini Biography and Net Worth

As chief information security officer, Jeff Marraccini is responsible for strategizing and implementing Altair’s global security programs across all functions including Altair’s DevOps Center of Excellence, IT, legal, and services. Most recently, Marraccini served as Altair’s senior vice president of cloud strategy and technology where he focused on technical compliance, security controls, tools, cloud specialties, and security vendor operations. Prior to that, he held several leadership roles at Altair focused on IT, computer and network systems, and technology security since joining in 1997, including senior vice president of IT strategy and technology and senior vice president of global IT systems.

While at Altair, Marraccini’s teams have helped Altair transition to hybrid and public cloud computing, adopted global voice-over IP technologies, remote access for employee flexibility, diverse platform support for software development, engineering and scientific computing, various network technologies, and business systems. Prior to joining Altair, Marraccini worked at Oakland University, Electronic Data Systems, and has consulted at various organizations.

Marraccini holds a bachelor’s degree in economics, computer science, and anthropology from Oakland University.

What is Jeffrey Marraccini's net worth?: The estimated net worth of Jeffrey Marraccini is at least $328,803.72 as of March 13th, 2024. Mr. Marraccini owns 3,934 shares of Altair Engineering stock worth more than $328,804 as of April 26th. This net worth approximation does not reflect any other investments that Mr. Marraccini may own. Learn More about Jeffrey Marraccini's net worth.
How do I contact Jeffrey Marraccini?: The corporate mailing address for Mr. Marraccini and other Altair Engineering executives is 1820 EAST BIG BEAVER ROAD, TROY MI, 48083. Altair Engineering can also be reached via phone at (248) 614-2400 and via email at [email protected]. Learn More on Jeffrey Marraccini's contact information.
Has Jeffrey Marraccini been buying or selling shares of Altair Engineering?: Jeffrey Marraccini has not been actively trading shares of Altair Engineering during the past quarter. Most recently, Jeffrey Marraccini sold 105 shares of the business's stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $81.66, for a transaction totalling $8,574.30. Following the completion of the sale, the insider now directly owns 3,934 shares of the company's stock, valued at $321,250.44. Learn More on Jeffrey Marraccini's trading history.
Who are Altair Engineering's active insiders?: Altair Engineering's insider roster includes Shekar Ayyar (Director), Matthew Brown (CFO), Stephanie Buckner (COO), Brett Chouinard (Insider), George Christ (Major Shareholder), James Dagg (Insider), Nelson Dias (CRO), Brian Gayle (CAO), Richard Hart (Director), Jan Kowal (Director), Raoul Maitra (Insider), Jeffrey Marraccini (Insider), Amy Messano (CMO), Howard Morof (CFO), Gilma Saravia (Insider), James Scapa (Major Shareholder), James Scapa (CEO), Uwe Schramm (Insider), David Simon (Insider), Andrea Siudara (Insider), and Mahalingam Srikanth (Insider). Learn More on Altair Engineering's active insiders.
Are insiders buying or selling shares of Altair Engineering?: In the last twelve months, insiders at the software sold shares 61 times. They sold a total of 804,204 shares worth more than $62,284,304.83. The most recent insider tranaction occured on April, 9th when Major Shareholder George J Christ sold 12,783 shares worth more than $1,097,420.55. Insiders at Altair Engineering own 21.8% of the company. Learn More about insider trades at Altair Engineering.
Information on this page was last updated on 4/9/2024.

Jeffrey Marraccini Insider Trading History at Altair Engineering

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/13/2024	Sell	105	$81.66	$8,574.30	3,934
3/6/2024	Sell	5,778	$83.04	$479,805.12	4,039
11/7/2023	Sell	3,711	$67.58	$250,789.38	4,142
6/7/2023	Sell	3,151	$74.94	$236,135.94	4,002
5/12/2023	Sell	41	$67.40	$2,763.40	4,002
3/9/2022	Sell	920	$62.79	$57,766.80

Jeffrey Marraccini Buying and Selling Activity at Altair Engineering

Altair Engineering Company Overview

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.

Today's Range

Now: $83.58

$83.51

$84.38

50 Day Range

MA: $83.87

$79.03

$90.47

2 Week Range

Now: $83.58

$57.59

$92.92

Volume

277,399 shs

Average Volume

407,444 shs

Market Capitalization

$6.89 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.42

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