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Aspen Technology
AZPN

$199.59
2.43%
 

About: Aspen Technology is a global leader in asset optimization software, enabling customers within capital-intensive industries to design, operate and maintain their functions to meet their profitability, safety, and sustainability goals. The heritage business of AspenTech was founded in 1981 and provides software solutions purposed to optimize engineering, manufacturing, and supply chain and asset management functions. In 2021, Emerson Electric traded over $6 billion in cash and its Open Systems International (digital grid management) and subsurface science and engineering businesses for 55% of AspenTech's shares. The new AspenTech is the combination of heritage Aspen, OSI, and SSE and serves more than 3,000 customers across 40 countries.

Employees: 3,900

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 6 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

142% more call options, than puts

Call options by funds: $17.5M | Put options by funds: $7.25M

30% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 37

25% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 5 (+1) [Q1 2024]

3% more funds holding

Funds holding: 364 [Q4 2023] → 375 (+11) [Q1 2024]

0.79% less ownership

Funds ownership: 45.31% [Q4 2023] → 44.52% (-0.79%) [Q1 2024]

3% less repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 136

5% less capital invested

Capital invested by funds: $6.35B [Q4 2023] → $6.03B (-$319M) [Q1 2024]

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$180
10%
downside
Avg. target
$211
6%
upside
High target
$255
28%
upside

6 analyst ratings

positive
50%
neutral
50%
negative
0%
Berenberg
Nay Soe Naing
28%upside
$255
Buy
Upgraded
17 May 2024
Baird
Rob Oliver
15%upside
$230
Outperform
Maintained
15 May 2024
Baird
Rob Oliver
5%upside
$210
Outperform
Maintained
8 May 2024
Piper Sandler
Clarke Jeffries
10%downside
$180
Neutral
Maintained
8 May 2024
Piper Sandler
Clarke Jeffries
2%downside
$196
Neutral
Reiterated
7 Feb 2024

Financial journalist opinion

Based on 3 articles about AZPN published over the past 30 days