Aspen TechnologyAZPN
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: 3,937
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
235% more call options, than puts
Call options by funds: $9.19M | Put options by funds: $2.75M
94% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 36
18% more capital invested
Capital invested by funds: $5.95B [Q2] → $7.02B (+$1.08B) [Q3]
13% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 138
7% more funds holding
Funds holding: 390 [Q2] → 416 (+26) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
0.57% less ownership
Funds ownership: 47.28% [Q2] → 46.71% (-0.57%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Baird Rob Oliver 68% 1-year accuracy 30 / 44 met price target | 8%upside $275 | Outperform Maintained | 11 Dec 2024 |
Piper Sandler Clarke Jeffries 58% 1-year accuracy 30 / 52 met price target | 6%downside $240 | Neutral Maintained | 5 Nov 2024 |
Financial journalist opinion
