2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. reduced its position in shares of Aspen Technology, Inc. ( NASDAQ:AZPN – Free Report ) by 44.
2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,719 shares of the technology company’s stock after selling 8,503 shares during the period. Russell Investments Group Ltd.
’s holdings in Aspen Technology were worth $2,674,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds also recently made changes to their positions in the company. SBI Securities Co.
Ltd. bought a new stake in Aspen Technology during the 4th quarter worth approximately $26,000. Atala Financial Inc bought a new stake in shares of Aspen Technology in the fourth quarter worth $44,000.
Jones Financial Companies Lllp increased its holdings in Aspen Technology by 965.0% in the fourth quarter. Jones Financial Companies Lllp now owns 213 shares of the technology company’s stock valued at $53,000 after purchasing an additional 193 shares during the period.
Blue Trust Inc. raised its position in Aspen Technology by 5,700.0% during the 4th quarter.
Blue Trust Inc. now owns 232 shares of the technology company’s stock worth $58,000 after purchasing an additional 228 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Aspen Technology by 30.
1% during the 4th quarter. GAMMA Investing LLC now owns 251 shares of the technology company’s stock worth $63,000 after buying an additional 58 shares during the period. Institutional investors and hedge funds own 45.
66% of the company’s stock. Aspen Technology Stock Performance AZPN opened at $264.33 on Friday.
Aspen Technology, Inc. has a 1-year low of $171.25 and a 1-year high of $277.
37. The company has a market cap of $16.73 billion, a price-to-earnings ratio of 3,304.
54, a PEG ratio of 3.00 and a beta of 0.73.
The company’s fifty day moving average price is $264.44 and its two-hundred day moving average price is $253.75.
Wall Street Analysts Forecast Growth Several brokerages have recently weighed in on AZPN. Loop Capital raised Aspen Technology from a “hold” rating to a “buy” rating and increased their price target for the company from $265.00 to $315.
00 in a research note on Monday, February 10th. Baird R W lowered shares of Aspen Technology from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 27th. StockNews.
com started coverage on shares of Aspen Technology in a research note on Tuesday. They set a “hold” rating on the stock. Robert W.
Baird reaffirmed a “neutral” rating and issued a $265.00 price target (down from $275.00) on shares of Aspen Technology in a research note on Monday, January 27th.
Finally, Piper Sandler increased their price objective on shares of Aspen Technology from $240.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, January 27th.
Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $272.00.
Get Our Latest Stock Report on Aspen Technology Aspen Technology Profile ( 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.
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