Aspen Technology (AZPN) - FREE Research Report

Kotzabasakis Manolis E who is EVP, Products at Aspen Technology sold 9,100 shares at $35.05 on Sept. 10, 2013. Following this transaction, the EVP, Products owned 117,971 shares meaning that the stake was reduced by 7.16% with the 9,100 share transaction.

The shares most recently traded at $35.10, up $0.05, or 0.13% since the insider transaction. Historical insider transactions for Aspen Technology go as follows:

  • 4-Week # shares sold: 44,842
  • 12-Week # shares sold: 44,842
  • 24-Week # shares sold: 44,842

The average volume for Aspen Technology has been 491,700 shares per day over the past 30 days. Aspen Technology has a market cap of $3.2 billion and is part of the technology sector and computer software & services industry. Shares are up 25.22% year to date as of the close of trading on Tuesday.

Aspen Technology, Inc. provides process optimization software solutions to manage and optimize plant and process design, operational performance, and supply chain planning internationally. The company has a P/E ratio of 73.6. Currently there are 4 analysts that rate Aspen Technology a buy, no analysts rate it a sell, and none rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on AZPN - FREE

TheStreet Quant Ratings rates Aspen Technology as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Aspen Technology Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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