Simulations PlusSLP
Market Cap: $690M
About: Simulations Plus Inc is engaged in the software industry. It develops and produces software for use in pharmaceutical research and education, and provides consulting and contract research services to the pharmaceutical industry. The company's operating segments include Software and services. It generates maximum revenue from the software segment.
Employees: 197
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,800% more call options, than puts
Call options by funds: $190K | Put options by funds: $10K
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
16% more capital invested
Capital invested by funds: $674M [Q1] → $782M (+$108M) [Q2]
5% more funds holding
Funds holding: 166 [Q1] → 175 (+9) [Q2]
1.58% less ownership
Funds ownership: 82.02% [Q1] → 80.44% (-1.58%) [Q2]
13% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 60
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Keybanc Scott Schoenhaus 36% 1-year accuracy 12 / 33 met price target | 36%upside $47 | Overweight Initiated | 29 Jul 2024 |
Craig-Hallum Matt Hewitt 33% 1-year accuracy 1 / 3 met price target | 62%upside $56 | Buy Reiterated | 3 Jul 2024 |
Craig-Hallum Matt Hewitt 33% 1-year accuracy 1 / 3 met price target | 62%upside $56 | Buy Maintained | 13 Jun 2024 |
Oppenheimer Francois Brisebois 56% 1-year accuracy 15 / 27 met price target | 88%upside $65 | Outperform Maintained | 13 Jun 2024 |
Financial journalist opinion
Based on 3 articles about SLP published over the past 30 days