Aspen Technology Ownership
| AZPN Stock | USD 250.85 2.36 0.95% |
Shares in Circulation | First Issued 1994-09-30 | Previous Quarter 63.6 M | Current Value 63.2 M | Avarage Shares Outstanding 60.7 M | Quarterly Volatility 27.4 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Aspen |
Aspen Stock Ownership Analysis
About 58.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.22. Some equities with similar Price to Book (P/B) outperform the market in the long run. Aspen Technology recorded a loss per share of 0.56. The entity last dividend was issued on the 16th of August 2024. The firm had 2:1 split on the 3rd of March 1997. Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide. Aspen Technology, Inc. was incorporated in 2021 and is headquartered in Bedford, Massachusetts. Aspen Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 3700 people. For more info on Aspen Technology please contact Antonio Pietri at 781 221 6400 or go to https://www.aspentech.com.Besides selling stocks to institutional investors, Aspen Technology also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Aspen Technology's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Aspen Technology's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Aspen Technology Quarterly Liabilities And Stockholders Equity |
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Aspen Technology Insider Trades History
About 58.0% of Aspen Technology are currently held by insiders. Unlike Aspen Technology's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Aspen Technology's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Aspen Technology's insider trades
Aspen Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Aspen Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Aspen Technology backward and forwards among themselves. Aspen Technology's institutional investor refers to the entity that pools money to purchase Aspen Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Independent Franchise Partners Llp | 2024-09-30 | 555.6 K | Wells Fargo & Co | 2024-06-30 | 552.5 K | Lazard Asset Management Llc | 2024-06-30 | 527 K | Wellington Management Company Llp | 2024-06-30 | 526.7 K | Bamco Inc | 2024-06-30 | 519.5 K | Clearbridge Advisors, Llc | 2024-06-30 | 466.3 K | Fiera Capital Corporation | 2024-06-30 | 340.2 K | Valley Forge Capital Management, Lp | 2024-09-30 | 295.5 K | Raymond James & Associates | 2024-09-30 | 282 K | Kayne Anderson Rudnick Investment Management Llc | 2024-06-30 | 4.1 M | Blackrock Inc | 2024-06-30 | 3.9 M |
Aspen Technology Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Aspen Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Aspen Technology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Aspen Technology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Aspen Technology Outstanding Bonds
Aspen Technology issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Aspen Technology uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Aspen bonds can be classified according to their maturity, which is the date when Aspen Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Aspen Technology Corporate Filings
| 20th of November 2024 Other Reports | ViewVerify | |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F3 | 5th of November 2024 An amendment to the original Schedule 13D filing | ViewVerify |
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Pair Trading with Aspen Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aspen Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aspen Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Aspen Stock
| 0.66 | DJCO | Daily Journal Corp | PairCorr |
| 0.65 | AI | C3 Ai Inc Trending | PairCorr |
| 0.83 | BL | Blackline | PairCorr |
| 0.66 | DT | Dynatrace Holdings LLC | PairCorr |
Moving against Aspen Stock
| 0.74 | VERB | VERB TECHNOLOGY PANY | PairCorr |
| 0.57 | EGAN | eGain | PairCorr |
| 0.5 | VTEX | VTEX | PairCorr |
| 0.41 | DMAN | Innovativ Media Group | PairCorr |
| 0.36 | VCSA | Vacasa Inc | PairCorr |
The ability to find closely correlated positions to Aspen Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspen Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aspen Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aspen Technology to buy it.
The correlation of Aspen Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aspen Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aspen Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aspen Technology. If investors know Aspen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aspen Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.682 | Earnings Share (0.56) | Revenue Per Share 17.245 | Quarterly Revenue Growth (0.13) | Return On Assets (0.01) |
The market value of Aspen Technology is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Technology's value that differs from its market value or its book value, called intrinsic value, which is Aspen Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aspen Technology's market value can be influenced by many factors that don't directly affect Aspen Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aspen Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.