AZPN Aspen Technology

Aspen Technology (AspenTech) is a global leader in asset optimization software. Its solutions address complex, industrial environments where it is critical to optimize the asset design, operation and maintenance lifecycle. AspenTech uniquely combines decades of process modelling expertise with artificial intelligence. Its purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets safer, greener, longer and faster.
Company profile
Ticker
AZPN
Exchange
Website
CEO
Antonio Pietri
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Amdocs • Cognizant Technology Solutions • Verisign • Formula Systems • Realnetworks • Sogou • Monotype Imaging • Synchronoss • BTRS • Virtusa ...
Former names
ASPEN TECHNOLOGY INC /MA/
SEC CIK
Corporate docs
IRS number
42739697
AZPN stock data
()
News
Aspen Technology Says Ecopetrol Has Selected Aspen GDOT Dynamic Optimization Software For 2 Refineries
18 Mar 21
KeyBanc Maintains Overweight on Aspen Technology, Raises Price Target to $180
16 Feb 21
Stocks That Hit 52-Week Highs On Tuesday
9 Feb 21
Stocks That Hit 52-Week Highs On Monday
8 Feb 21
Stocks Making New 52-Week Highs/Lows For Friday, Feb. 5, 2021 (Via Benzinga Pro's Signals Tool)
5 Feb 21
Press releases
Aspen Technology Announces Date of Third-Quarter Fiscal 2021 Financial Results Release, Conference Call and Webcast
15 Apr 21
Intellia Therapeutics Names Georgia Keresty, Ph.D., M.P.H., to Board of Directors
12 Apr 21
Ecopetrol Extends Investment in Aspen Technology Solutions to Accelerate Digital Transformation Initiatives
18 Mar 21
Aspen Technology to Present at the Bank of America Global Industrials Conference
9 Mar 21
Aspen Technology Appoints Karen Golz to its Board of Directors
8 Mar 21
Calendar
27 Jan 21
17 Apr 21
30 Jun 21
Financial summary
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Financial data from company earnings reports.
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Apr 21 | Hague John | Common Stock | Sell | Dispose S | No | Yes | 153.15 | 552 | 84.54K | 19,727 |
31 Mar 21 | Christopher Stagno | Common Stock | Payment of exercise | Dispose F | No | No | 143.55 | 34 | 4.88K | 1,447 |
31 Mar 21 | Pietri Antonio J | Common Stock | Payment of exercise | Dispose F | No | No | 143.55 | 3,720 | 534.01K | 237,319 |
31 Mar 21 | Hammond F G | Common Stock | Payment of exercise | Dispose F | No | No | 143.55 | 493 | 70.77K | 26,001 |
31 Mar 21 | Hague John | Common Stock | Payment of exercise | Dispose F | No | No | 143.55 | 357 | 51.25K | 20,279 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
98.5% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 349 |
Opened positions | 66 |
Closed positions | 34 |
Increased positions | 135 |
Reduced positions | 88 |
13F shares |
Current |
---|---|
Total value | 8.72B |
Total shares | 66.84M |
Total puts | 144.3K |
Total calls | 95.9K |
Total put/call ratio | 1.5 |
Largest owners |
Shares | Value |
---|---|---|
Kayne Anderson Rudnick Investment Management | 6.67M | $868.33M |
Vanguard | 6.12M | $797.21M |
BlueSpruce Investments | 3.9M | $507.73M |
BLK Blackrock | 3.68M | $479.52M |
WDR Waddell & Reed Financial | 3.34M | $434.77M |
FMR | 3.19M | $415.93M |
ATAC Neuberger Berman | 2.71M | $351.95M |
Alkeon Capital Management | 1.71M | $223.09M |
Wellington Management | 1.63M | $212.28M |
William Blair Investment Management | 1.54M | $200.08M |
Financial report summary
?Risks
- Our customers’ business operations have been, and continue to be, subject to business interruptions arising from the COVID‑19 pandemic. We continue to monitor the situation, but there can be no assurance that the pandemic will not result in delays or possibly reductions in demand for our solutions that could have a serious adverse effect on our business.
- If we fail to increase usage and product adoption of our aspenONE engineering and manufacturing and supply chain offerings and grow our aspenONE APM business, or fail to continue to provide innovative, market-leading solutions, we may be unable to implement our growth strategy successfully, and our business could be seriously harmed.
- Our business could suffer if we do not grow our aspenONE APM business or if the demand for, or usage of, our other aspenONE software declines for any reason, including declines due to adverse changes in the process and other capital-intensive industries.
- Unfavorable economic and market conditions or a lessening demand in the market for asset optimization software could adversely affect our operating results.
- The majority of our revenue is attributable to operations outside the United States, and our operating results therefore may be materially affected by the economic, political, military, regulatory and other risks of foreign operations or of transacting business with customers outside the United States.
- Fluctuations in foreign currency exchange rates could result in declines in our reported revenue and operating results.
- Competition from software offered by current competitors and new market entrants, as well as from internally developed solutions by our customers, could adversely affect our ability to sell our software products and related services and could result in pressure to price our products in a manner that reduces our margins.
- Defects or errors in our software products could harm our reputation, impair our ability to sell our products and result in significant costs to us.
- We may be subject to significant expenses and damages because of product-related claims.
- Claims that we infringe the intellectual property rights of others may be costly to defend or settle and could damage our business.
- We may not be able to protect our intellectual property rights, which could make us less competitive and cause us to lose market share.
- Our software research and development initiatives and our customer relationships could be compromised if the security of our information technology is breached as a result of a cyber-attack. This could have a material adverse effect on our business, operating results and financial condition, and could harm our competitive position.
- Our common stock may experience substantial price and volume fluctuations.
- Our corporate documents and provisions of Delaware law may prevent a change in control or management that stockholders may consider desirable.
Management Discussion
- Total revenue increased by $107.7 million during the three months ended December 31, 2020 as compared to the corresponding period of the prior fiscal year. The increase of $107.7 million during the three months ended December 31, 2020 was comprised of an increase in license revenue of $107.7 million and an increase in maintenance revenue of $2.3 million, partially offset by a decrease in services and other revenue of $2.3 million, as compared to the corresponding period of the prior fiscal year.
- Total revenue increased by $82.5 million during the six months ended December 31, 2020 as compared to the corresponding period of the prior fiscal year. The increase of $82.5 million during the six months ended December 31, 2020 was comprised of an increase in license revenue of $81.9 million and an increase in maintenance revenue of $5.5 million, partially offset by a decrease in services and other revenue of $4.8 million, as compared to the corresponding period of the prior fiscal year.
Content analysis
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H.S. freshman Avg
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New words:
finalize, repayment, undelivered
Removed:
exercised, intrinsic, prepaid, release, unrecognized, withheld
Financial reports
10-Q
2021 Q2
Quarterly report
27 Jan 21
10-Q
2021 Q1
Quarterly report
22 Dec 20
10-K
2020 FY
Annual report
9 Dec 20
NT 10-Q
Notice of late quarterly filing
10 Nov 20
NT 10-K
Notice of late annual filing
1 Sep 20
10-Q
2020 Q3
Quarterly report
6 May 20
10-Q
2020 Q2
Quarterly report
29 Jan 20
10-Q
2020 Q1
Quarterly report
30 Oct 19
10-K
2019 FY
Annual report
10 Sep 19
NT 10-K
Notice of late annual filing
30 Aug 19
Current reports
8-K
Aspen Technology Appoints Karen Golz to its Board of Directors
8 Mar 21
8-K
Aspen Technology Appoints Chantelle Breithaupt as Senior Vice President and Chief Financial Officer
2 Mar 21
8-K
Departure of Directors or Certain Officers
11 Feb 21
8-K
Submission of Matters to a Vote of Security Holders
1 Feb 21
8-K
Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2021
27 Jan 21
8-K/A
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
25 Nov 20
8-K
Aspen Technology Receives Staff Determination from Nasdaq
16 Nov 20
8-K
Aspen Technology Announces Selected Financial Results for the First Quarter of Fiscal
5 Nov 20
8-K
Aspen Technology Receives Staff Determination from Nasdaq
23 Sep 20
8-K
Departure of Directors or Certain Officers
18 Sep 20
Registration and prospectus
S-8
Registration of securities for employees
21 Dec 18
S-8
Registration of securities for employees
30 Jan 17
S-8
Registration of securities for employees
28 Sep 10
424B1
Prospectus with pricing info
22 Sep 10
S-1/A
IPO registration (amended)
21 Sep 10
S-1/A
IPO registration (amended)
20 Sep 10
S-1/A
IPO registration (amended)
14 Sep 10
S-1
IPO registration
29 Jul 10
8-A12B
Registration of securities on exchange
8 Feb 10
RW
Registration withdrawal request
30 Jul 08
Proxies
DEFA14A
Additional proxy soliciting materials
13 Jan 21
DEFA14A
Additional proxy soliciting materials
30 Dec 20
DEF 14A
Definitive proxy
9 Dec 20
DEFA14A
Additional proxy soliciting materials
9 Dec 20
DEFA14A
Additional proxy soliciting materials
3 Dec 19
DEF 14A
Definitive proxy
28 Oct 19
DEFA14A
Additional proxy soliciting materials
28 Oct 19
DEFA14A
Additional proxy soliciting materials
26 Nov 18
DEF 14A
Definitive proxy
26 Oct 18
DEFA14A
Additional proxy soliciting materials
26 Oct 18
Other
UPLOAD
Letter from SEC
14 Apr 20
CORRESP
Correspondence with SEC
2 Apr 20
UPLOAD
Letter from SEC
25 Mar 20
CORRESP
Correspondence with SEC
12 Mar 20
UPLOAD
Letter from SEC
2 Mar 20
UPLOAD
Letter from SEC
11 May 15
CORRESP
Correspondence with SEC
2 Apr 15
UPLOAD
Letter from SEC
19 Mar 15
UPLOAD
Letter from SEC
31 Mar 13
CORRESP
Correspondence with SEC
17 Mar 13
Ownership
4
ASPEN TECHNOLOGY / John Hague ownership change
15 Apr 21
4
ASPEN TECHNOLOGY / John Hague ownership change
2 Apr 21
4
ASPEN TECHNOLOGY / F G Hammond ownership change
2 Apr 21
4
ASPEN TECHNOLOGY / Antonio J Pietri ownership change
2 Apr 21
4
ASPEN TECHNOLOGY / Christopher Stagno ownership change
2 Apr 21
4
ASPEN TECHNOLOGY / Chantelle Yvette Breithaupt ownership change
24 Mar 21
3
ASPEN TECHNOLOGY / Chantelle Yvette Breithaupt ownership change
24 Mar 21
4
ASPEN TECHNOLOGY / Karen Golz ownership change
10 Mar 21
3
ASPEN TECHNOLOGY / Karen Golz ownership change
10 Mar 21
SC 13G/A
ASPEN TECHNOLOGY / KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT ownership change
9 Mar 21
Patents
GRANT
Utility
Computer system and method for monitoring key performance indicators (KPIs) online using time series pattern model
16 Feb 21
Embodiments are directed to computer methods and systems that build and deploy a pattern model to detect an operating event in an online plant process.
APP
Utility
Apparatus And Methods To Build Deep Learning Controller Using Non-Invasive Closed Loop Exploration
4 Feb 21
Deep Learning is a candidate for advanced process control, but requires a significant amount of process data not normally available from regular plant operation data.
APP
Utility
Asset Optimization Using Integrated Modeling, Optimization, and Artificial Intelligence
9 Dec 20
System and methods that provide a new paradigm for solving process system engineering (PSE) problems using embedded artificial intelligence (AI) techniques.
APP
Utility
Combining Machine Learning With Domain Knowledge And First Principles For Modeling In The Process Industries
2 Dec 20
Computer-based process modeling and simulation methods and systems combine first principles models and machine learning models to benefit where either model is lacking.
APP
Utility
Validation Of Operating Plans And Schedules Using Machine Learning
7 Oct 20
Disclosed are methods and systems that help identify critical variables for more efficient and robust plan validation process.
Transcripts
2021 Q2
Earnings call transcript
28 Jan 21
2021 Q1
Earnings call transcript
8 Nov 20
2020 Q4
Earnings call transcript
12 Aug 20
2020 Q3
Earnings call transcript
9 May 20
2020 Q2
Earnings call transcript
29 Jan 20
2020 Q1
Earnings call transcript
30 Oct 19
2019 Q4
Earnings call transcript
7 Aug 19
2019 Q3
Earnings call transcript
24 Apr 19
2019 Q2
Earnings call transcript
23 Jan 19
2019 Q1
Earnings call transcript
24 Oct 18