2 weeks Ago By ABMN Staff
Barclays PLC lessened its holdings in Aspen Technology, Inc. ( NASDAQ:AZPN – Free Report ) by 17.5% during the fourth quarter, according to its most recent disclosure with the SEC.
The institutional investor owned 65,497 shares of the technology company’s stock after selling 13,921 shares during the period. Barclays PLC’s holdings in Aspen Technology were worth $16,350,000 as of its most recent SEC filing. Other large investors also recently added to or reduced their stakes in the company.
Bailard Inc. boosted its position in shares of Aspen Technology by 0.9% during the 4th quarter.
Bailard Inc. now owns 4,541 shares of the technology company’s stock valued at $1,134,000 after acquiring an additional 41 shares during the last quarter. Net Worth Advisory Group grew its stake in Aspen Technology by 1.
0% in the 4th quarter. Net Worth Advisory Group now owns 4,197 shares of the technology company’s stock worth $1,048,000 after buying an additional 41 shares in the last quarter. Bessemer Group Inc.
grew its stake in Aspen Technology by 29.7% in the 4th quarter. Bessemer Group Inc.
now owns 192 shares of the technology company’s stock worth $48,000 after buying an additional 44 shares in the last quarter. Heritage Family Offices LLP increased its holdings in shares of Aspen Technology by 2.8% in the 4th quarter.
Heritage Family Offices LLP now owns 1,725 shares of the technology company’s stock worth $431,000 after buying an additional 47 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Aspen Technology by 30.1% during the 4th quarter.
GAMMA Investing LLC now owns 251 shares of the technology company’s stock valued at $63,000 after buying an additional 58 shares in the last quarter. Institutional investors own 45.66% of the company’s stock.
Wall Street Analyst Weigh In A number of research firms recently commented on AZPN. Loop Capital raised Aspen Technology from a “hold” rating to a “buy” rating and increased their target price for the company from $265.00 to $315.
00 in a research note on Monday, February 10th. Baird R W lowered Aspen Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 27th. StockNews.
com began coverage on Aspen Technology in a research report on Tuesday, April 15th. They issued a “hold” rating for the company. Piper Sandler increased their price target on shares of Aspen Technology from $240.
00 to $265.00 and gave the company a “neutral” rating in a research report on Monday, January 27th. Finally, Robert W.
Baird restated a “neutral” rating and issued a $265.00 price objective (down from $275.00) on shares of Aspen Technology in a report on Monday, January 27th.
Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $272.00.
Aspen Technology Stock Performance NASDAQ:AZPN opened at $264.33 on Monday. Aspen Technology, Inc.
has a fifty-two week low of $171.25 and a fifty-two week high of $277.37.
The firm has a market cap of $16.73 billion, a PE ratio of 3,304.54, a price-to-earnings-growth ratio of 3.
00 and a beta of 0.73. The business has a 50 day moving average price of $264.
42 and a 200-day moving average price of $254.23. Aspen Technology ( NASDAQ:AZPN – Get Free Report ) last announced its quarterly earnings results on Tuesday, February 4th.
The technology company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.
03. Aspen Technology had a net margin of 0.54% and a return on equity of 3.
17%. Research analysts predict that Aspen Technology, Inc. will post 6.
7 EPS for the current year. About Aspen Technology ( Free Report ) Aspen Technology, Inc provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company’s solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle.
Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management. Featured Stories Want to see what other hedge funds are holding AZPN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aspen Technology, Inc.
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