Company profile

Ticker
AZPN
Exchange
CEO
Antonio Jose Pietri
Employees
Incorporated in
Location
Fiscal year end
Former names
Aspen Technology Inc
SEC CIK
IRS number
42739697

AZPN stock data

(
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FINRA relative short interest over last month (20 trading days) ?

Calendar

29 Jan 20
26 Feb 20
30 Jun 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 124.73M 134.09M 195.77M 147.98M
Net income 38.28M 46.28M 103.87M 61.59M
Diluted EPS 0.56 0.67 1.49 0.88
Net profit margin 30.69% 34.52% 53.05% 41.62%
Operating income 41.66M 47.3M 111.22M 70.83M
Net change in cash 22.54M -13.98M 6.33M 11.16M
Cash on hand 80.49M 57.94M 71.93M 65.59M
Cost of revenue 15.53M 15.22M 15.49M 14.36M
Annual (USD) Jun 19 Jun 18 Jun 17 Jun 16
Revenue 598.35M 499.51M 482.94M 472.34M
Net income 262.73M 148.69M 162.2M 139.95M
Diluted EPS 3.71 2.04 2.11 1.68
Net profit margin 43.91% 29.77% 33.58% 29.63%
Operating income 282.8M 209.64M 212.02M 211.38M
Net change in cash -24.24M -5.79M -216.38M 162.09M
Cash on hand 71.93M 96.17M 101.95M 318.34M
Cost of revenue 57.82M 50.64M 47.47M 48.61M

Financial data from company earnings reports

94.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 348 349 -0.3%
Opened positions 58 50 +16.0%
Closed positions 59 47 +25.5%
Increased positions 113 120 -5.8%
Reduced positions 120 119 +0.8%
13F shares
Current Prev Q Change
Total value 7.88B 8.18B -3.6%
Total shares 64.34M 66.11M -2.7%
Total puts 26.9K 58.8K -54.3%
Total calls 35.7K 31.63K +12.9%
Total put/call ratio 0.8 1.9 -59.5%
Largest owners
Shares Value Change
Vanguard 6.23M $752.91M -0.4%
Kayne Anderson Rudnick Investment Management 6.1M $737.73M -0.6%
BLK BlackRock 3.83M $463.72M -1.6%
WDR Waddell & Reed Financial 3.4M $410.77M -1.6%
NEU Neuberger Berman 2.9M $350.72M -4.5%
Alkeon Capital Management 2.04M $246.33M 0.0%
Renaissance Technologies 1.96M $237.51M -17.4%
Alliancebernstein 1.55M $187.72M +1.3%
Wellington Management 1.5M $181.8M -3.5%
William Blair Investment Management 1.5M $180.85M -6.2%
Largest transactions
Shares Bought/sold Change
MS Morgan Stanley 62.74K -637.15K -91.0%
Renaissance Technologies 1.96M -413.9K -17.4%
Fisher Asset Management 1.3M -390.91K -23.1%
Jacobs Levy Equity Management 15K -309.75K -95.4%
FMR 1.48M +270.16K +22.3%
Fred Alger Management 518.34K +268.93K +107.8%
Allianz Asset Management GmbH 74.38K -251.95K -77.2%
Echo Street Capital Management 307.65K +215.51K +233.9%
PLRRF Polar Capital 349.01K +211.4K +153.6%
Citadel Advisors 1.06M -204.09K -16.1%

Financial report summary

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Risks
  • 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 decreased by $(15.7) million during the three months ended December 31, 2019 as compared to the corresponding period of the prior fiscal year. The decrease of $(15.7) million during the three months ended December 31, 2019 was comprised of an decrease in license revenue of $(23.2) million, partially offset by an increase in maintenance revenue of $4.3 million and an increase in services and other revenue of $3.2 million, as compared to the corresponding period of the prior fiscal year.
  • Total revenue increased by $4.2 million during the six months ended December 31, 2019 as compared to the corresponding period of the prior fiscal year. The increase of $4.2 million during the six months ended December 31, 2019 was comprised of an increase in maintenance revenue of $4.8 million and an increase in services and other revenue of $5.2 million, partially offset by a decrease in license revenue of $(5.8) million, as compared to the corresponding period of the prior fiscal year.
Content analysis ?
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Readability
H.S. freshman Avg
New words: AspenTech, earlier, emerging, favor, guarantee, guaranteed, Journal, LLC, loan, multiplied, NYFRB, Restated, revolving, significantly, simplify, Simplifying, Street, subsidiary, volume, Wall
Removed: agent, Bank, bear, borrowed, Chase, commitment, compliance, evidenced, JPMorgan, maturity, penalty, repaid, Silicon, syndication, unused, Valley