Aspen Technology (AZPN)
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)
Cognizant Technology Solutions • Amdocs • Verisign • Thoughtworks Holding • Compass • Formula Systems • Sogou • HashiCorp • Synchronoss • Realnetworks ...
Former names
ASPEN TECHNOLOGY INC /MA/
SEC CIK
Corporate docs
Subsidiaries
Apex Optimisation Limited • Apex Optimisation Technologies B.V. • Apex Optimisation (UK) Ltd • Argent & Waugh Limited • Aspen Tech de Mexico • Aspen Tech India Private Ltd. • Aspen Technology (Asia) Inc. • Aspen Technology Australia • Aspen Technology International, Inc. • Aspen Technology LLC ...
IRS number
42739697
AZPN stock data
News
Piper Sandler Maintains Neutral on Aspen Technology, Lowers Price Target to $159
17 May 22
Aspen Technology's Return On Capital Employed Overview
29 Apr 22
Aspen Technology Q3 Adj. EPS $1.38 Beats $1.37 Estimate, Sales $187.80M Miss $192.25M Estimate
27 Apr 22
Earnings Scheduled For April 27, 2022
27 Apr 22
Why This Boring Sector Could Be A Top Trender In The Next Few Years
5 Apr 22
Press releases
Aspen Technology to Present at the J.P. Morgan Global Technology, Media and Communications Conference
17 May 22
AspenTech Completes Emerson Transaction, Expanding High-Performance Global Industrial Software Leadership
16 May 22
Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2022
27 Apr 22
Aspen Technology Announces Date of Third-Quarter Fiscal 2022 Financial Results Release, Conference Call and Webcast
13 Apr 22
SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates BFC, AZPN, SEAC, TLMD
28 Mar 22
Analyst ratings and price targets
Calendar
27 Apr 22
17 May 22
30 Jun 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Diluted EPS |
Annual (USD) | Jun 21 | Jun 20 | Jun 19 | Jun 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 285.22M | 285.22M | 285.22M | 285.22M | 285.22M | 285.22M |
Cash burn (monthly) | (no burn) | 2.66M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 4.13M | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 281.09M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 105.8 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 May 22 | Casey Donald P | Common Stock | Grant | Acquire A | No | No | 0 | 826 | 0 | 9,363 |
12 May 22 | Karen Golz | Common Stock | Grant | Acquire A | No | No | 0 | 826 | 0 | 1,752 |
12 May 22 | Wise R Halsey | Common Stock | Grant | Acquire A | No | No | 0 | 826 | 0 | 7,861 |
12 May 22 | Thomas Michael Bradicich | Common Stock | Grant | Acquire A | No | No | 0 | 826 | 0 | 2,744 |
12 May 22 | Adriana Karaboutis | Common Stock | Grant | Acquire A | No | No | 0 | 826 | 0 | 2,648 |
Institutional ownership, Q4 2021
13F holders | Current |
---|---|
Total holders | 375 |
Opened positions | 75 |
Closed positions | 45 |
Increased positions | 106 |
Reduced positions | 135 |
13F shares | Current |
---|---|
Total value | 10.49B |
Total shares | 67.53M |
Total puts | 96.4K |
Total calls | 146K |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Kayne Anderson Rudnick Investment Management | 6.7M | $1.02B |
Vanguard | 6.28M | $956.53M |
BLK Blackrock | 6.24M | $949.41M |
BlueSpruce Investments | 3M | $0 |
ATAC Neuberger Berman | 2.46M | $372.06M |
40 North Management | 2.44M | $371.22M |
Nordea Investment Management Ab | 2.3M | $351.89M |
FMR | 1.94M | $295.72M |
AMP Ameriprise Financial | 1.79M | $272.03M |
STT State Street | 1.78M | $270.18M |
Financial report summary
?Competition
Rockwell AutomationRisks
- 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.
- 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 cyberattack. 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 $25.0 million during the three months ended March 31, 2022 as compared to the corresponding period of the prior fiscal year. The increase of $25.0 million during the three months ended March 31, 2022 was comprised of an increase in license revenue of $19.9 million, an increase in maintenance revenue of $4.1 million, and an increase in services and other revenue of $1.0 million, as compared to the corresponding period of the prior fiscal year.
- Total revenue decreased by $16.3 million during the nine months ended March 31, 2022 as compared to the corresponding period of the prior fiscal year. The decrease of $16.3 million during the nine months ended March 31, 2022 was comprised of a decrease in license revenue of $24.9 million, offset in part by an increase in maintenance revenue of $7.1 million, and an increase in services and other revenue of $1.5 million, as compared to the corresponding period of the prior fiscal year.
Content analysis
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H.S. sophomore Avg
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New words:
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Current reports
8-K
AspenTech Completes Emerson Transaction, Expanding
16 May 22
8-K
Departure of Directors or Certain Officers
4 May 22
8-K
Entry into a Material Definitive Agreement
3 May 22
8-K
Other Events
2 May 22
8-K
Departure of Directors or Certain Officers
27 Apr 22
8-K
Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2022
27 Apr 22
8-K
Departure of Directors or Certain Officers
22 Apr 22
8-K
Departure of Directors or Certain Officers
14 Mar 22
8-K
Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2022
26 Jan 22
8-K
Aspen Technology Announces Karen Golz as Newly Appointed Audit Committee Chair
22 Dec 21
Registration and prospectus
25-NSE
Exchange delisting
16 May 22
425
Business combination disclosure
4 May 22
425
Business combination disclosure
3 May 22
425
Business combination disclosure
2 May 22
425
Business combination disclosure
28 Apr 22
425
Business combination disclosure
6 Apr 22
425
Business combination disclosure
22 Mar 22
425
Business combination disclosure
1 Mar 22
425
Business combination disclosure
2 Feb 22
425
Business combination disclosure
27 Jan 22
Proxies
DEFM14A
Proxy related to merger
18 Apr 22
DEFA14A
Additional proxy soliciting materials
28 Oct 21
DEFA14A
Additional proxy soliciting materials
13 Jan 21
DEFA14A
Additional proxy soliciting materials
30 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
Other
UPLOAD
Letter from SEC
27 Mar 22
CORRESP
Correspondence with SEC
17 Mar 22
UPLOAD
Letter from SEC
7 Mar 22
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
Ownership
4
ASPEN TECHNOLOGY / Jill D. Smith ownership change
13 May 22
4
ASPEN TECHNOLOGY / Georgia Keresty ownership change
13 May 22
4
ASPEN TECHNOLOGY / Adriana Karaboutis ownership change
13 May 22
4
ASPEN TECHNOLOGY / Thomas Michael Bradicich ownership change
13 May 22
4
ASPEN TECHNOLOGY / R HALSEY WISE ownership change
13 May 22
4
ASPEN TECHNOLOGY / Jr. Robert M. Whelan, ownership change
13 May 22
4
ASPEN TECHNOLOGY / Karen Golz ownership change
13 May 22
4
ASPEN TECHNOLOGY / DONALD P CASEY ownership change
13 May 22
SC 13G
ASPEN TECHNOLOGY / BlackRock ownership change
9 May 22
4
ASPEN TECHNOLOGY / Manish Chawla ownership change
20 Apr 22
Patents
Utility
Classification of operating plan data using machine learning
3 May 22
A computer system provides improved classification of operating and scheduling plan data of a process plant.
Utility
Computer System and Method for Batch Data Alignment with Active Learning In Batch Process Modeling, Monitoring, And Control
3 Feb 22
Inventors: Jian Ma, Chen Yang, Hong Zhao, Mark-John Bruwer, Timothy Lim
Utility
Projection Methods to Impose Equality Constraints on Algebraic Models
3 Feb 22
Computer implemented methods and systems incorporate physics-based and/or chemistry-based constraints into a model of a chemical, physical, or industrial process.
Utility
Automated Evaluation of Refinery and Petrochemical Feedstocks Using a Combination of Historical Market Prices, Machine Learning, and Algebraic Planning Model Information
28 Oct 21
Computer tool determines target feedstock for a refinery, process complex, or plant.
Utility
System and Methods for Developing and Deploying Oil Well Models to Predict Wax/Hydrate Buildups for Oil Well Optimization
30 Sep 21
A method and system for estimating wax or hydrate deposits is desirable for the oil industry and important for assuring flow conditions and production, avoiding downtime, and reducing or preventing costly interventions.
Transcripts
2022 Q3
Earnings call transcript
28 Apr 22
2022 Q2
Earnings call transcript
27 Jan 22
2022 Q1
Earnings call transcript
28 Oct 21
2021 Q4
Earnings call transcript
12 Aug 21
2021 Q3
Earnings call transcript
29 Apr 21
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
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