Janus Henderson Group PLC Invests $14.26 Million in Aspen Technology, Inc. (AZPN) Stock

Janus Henderson Group PLC acquired a new position in shares of Aspen Technology, Inc. (NASDAQ:AZPN) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 125,200 shares of the technology company’s stock, valued at approximately $14,262,000. Janus Henderson Group PLC owned about 0.18% of Aspen Technology as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Daiwa Securities Group Inc. raised its position in Aspen Technology by 18.2% during the 2nd quarter. Daiwa Securities Group Inc. now owns 3,900 shares of the technology company’s stock worth $362,000 after buying an additional 600 shares during the last quarter. United Services Automobile Association raised its position in Aspen Technology by 5.9% during the 2nd quarter. United Services Automobile Association now owns 12,148 shares of the technology company’s stock worth $1,127,000 after buying an additional 673 shares during the last quarter. Xact Kapitalforvaltning AB raised its position in Aspen Technology by 7.2% during the 3rd quarter. Xact Kapitalforvaltning AB now owns 10,395 shares of the technology company’s stock worth $1,184,000 after buying an additional 700 shares during the last quarter. FDx Advisors Inc. raised its position in Aspen Technology by 26.5% during the 2nd quarter. FDx Advisors Inc. now owns 3,536 shares of the technology company’s stock worth $328,000 after buying an additional 740 shares during the last quarter. Finally, Macquarie Group Ltd. raised its position in Aspen Technology by 266.7% during the 2nd quarter. Macquarie Group Ltd. now owns 1,100 shares of the technology company’s stock worth $102,000 after buying an additional 800 shares during the last quarter. Institutional investors own 97.26% of the company’s stock.

Shares of AZPN opened at $81.80 on Friday. The stock has a market capitalization of $6.00 billion, a PE ratio of 39.71, a P/E/G ratio of 1.67 and a beta of 1.52. Aspen Technology, Inc. has a 52-week low of $65.03 and a 52-week high of $118.86.

Aspen Technology (NASDAQ:AZPN) last announced its quarterly earnings results on Wednesday, October 24th. The technology company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.12. The business had revenue of $114.17 million during the quarter, compared to the consensus estimate of $113.49 million. Aspen Technology had a net margin of 30.96% and a negative return on equity of 168.12%. As a group, analysts forecast that Aspen Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

In other Aspen Technology news, insider Karl E. Johnsen sold 2,387 shares of the firm’s stock in a transaction dated Tuesday, October 30th. The shares were sold at an average price of $80.69, for a total transaction of $192,607.03. Following the completion of the transaction, the insider now directly owns 35,058 shares in the company, valued at approximately $2,828,830.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Antonio J. Pietri sold 7,095 shares of the firm’s stock in a transaction dated Friday, November 23rd. The shares were sold at an average price of $77.49, for a total transaction of $549,791.55. Following the transaction, the chief executive officer now owns 251,780 shares of the company’s stock, valued at $19,510,432.20. The disclosure for this sale can be found here. Insiders sold a total of 9,582 shares of company stock valued at $750,274 in the last quarter. Insiders own 0.90% of the company’s stock.

A number of equities analysts have commented on AZPN shares. Wedbush upped their price objective on shares of Aspen Technology from $80.00 to $106.00 and gave the stock a “neutral” rating in a research report on Friday, August 10th. Zacks Investment Research upgraded shares of Aspen Technology from a “hold” rating to a “buy” rating and set a $119.00 price objective for the company in a research report on Tuesday, August 14th. Canaccord Genuity increased their price target on shares of Aspen Technology from $84.00 to $100.00 and gave the company a “hold” rating in a report on Friday, August 17th. Berenberg Bank cut their price target on shares of Aspen Technology from $127.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday, August 21st. Finally, BidaskClub downgraded shares of Aspen Technology from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 20th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $102.00.

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Aspen Technology Company Profile

Aspen Technology, Inc, together with its subsidiaries, operates as an asset optimization software company in the United States, Europe, and internationally. The company operates through two segments, Subscription and Software, and Services. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments.

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Institutional Ownership by Quarter for Aspen Technology (NASDAQ:AZPN)

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