<div id="readability-page-1"><p>Advisor OS LLC reduced its stake in  Aspen Technology, Inc. (NASDAQ:AZPN - Free Report) by 48.5% in the 4th quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The fund owned 1,645 shares of the technology company's stock after selling 1,549 shares during the quarter. Advisor OS LLC's holdings in Aspen Technology were worth $411,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Aspen Technology</strong> alerts:</span></p></div><ul><li>AspenTech Forms Potentially Bullish Pattern Ahead of Earnings</li></ul><p>Several other hedge funds and other institutional investors have also recently modified their holdings of AZPN. Creative Planning increased its holdings in shares of  Aspen Technology by 34.1% during the 3rd quarter. Creative Planning now owns 1,835 shares of the technology company's stock valued at $438,000 after purchasing an additional 467 shares in the last quarter.  Assenagon Asset Management S.A. grew its stake in  Aspen Technology by 8.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,665 shares of the technology company's stock valued at $398,000 after acquiring an additional 129 shares during the period.  Wealth Enhancement Advisory Services LLC grew its stake in  Aspen Technology by 11.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,312 shares of the technology company's stock valued at $313,000 after acquiring an additional 133 shares during the period.  State of Alaska Department of Revenue grew its stake in  Aspen Technology by 1.8% in the 3rd quarter. State of Alaska Department of Revenue now owns 3,084 shares of the technology company's stock valued at $736,000 after acquiring an additional 55 shares during the period.  Finally, Diversify Wealth Management LLC acquired a new stake in  Aspen Technology in the 3rd quarter valued at $224,000. 45.66% of the stock is owned by hedge funds and other institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several brokerages have issued reports on AZPN. Piper Sandler lifted their target price on shares of Aspen Technology from $240.00 to $265.00 and gave the stock a &#34;neutral&#34; rating in a research note on Monday, January 27th. Baird R W cut shares of Aspen Technology from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Monday, January 27th. Robert W. Baird  reaffirmed a &#34;neutral&#34; rating and set a $265.00 target price (down previously from $275.00) on shares of Aspen Technology in a research note on Monday, January 27th. Berenberg Bank cut shares of Aspen Technology from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Thursday, November 7th. Finally, StockNews.com initiated coverage on shares of Aspen Technology in a research report on Wednesday. They set a &#34;hold&#34; rating on the stock. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Aspen Technology  has a consensus rating of &#34;Hold&#34; and a consensus target price of $272.00.</p><ul><li>The Outperforming Software Stock No One is Talking About</li></ul><p><b>Read Our Latest Report on Aspen Technology</b></p><h2>Aspen Technology Trading Up 0.2 %</h2><p>Shares of AZPN opened at $264.09 on Friday. The firm has a market cap of $16.72 billion, a P/E ratio of 3,301.54, a price-to-earnings-growth ratio of 3.00 and a beta of 0.76. Aspen Technology, Inc. has a 12-month low of $171.25 and a 12-month high of $277.37. The company's 50-day moving average price is $257.59 and its 200 day moving average price is $243.68. </p><p>Aspen Technology (NASDAQ:AZPN - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The technology company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.03. Aspen Technology had a net margin of 0.54% and a return on equity of 3.17%.  Equities research analysts forecast that  Aspen Technology, Inc. will post 6.7 earnings per share for the current year. </p><h2>About Aspen Technology</h2> (Free Report)<p>Aspen Technology, Inc provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management.</p><h2>See Also</h2><ul><li>Five stocks we like better than Aspen Technology</li><li>Insider Trading - What You Need to Know</li><li>Volatility Is Back: 3 Stocks To Cushion the S&amp;P 500's Swings</li><li>The Top 3 Healthcare Dividend Stocks to Buy and Hold</li><li>2 Catalysts That Could Push NVIDIA Stock Up 30% This Year</li><li>The Basics of Support and  Resistance</li><li>Do GM Stock Buybacks Make the Stock Buyable For Investors?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVpQTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVpQTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Aspen Technology Right Now?</h2><p>Before you consider Aspen Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aspen Technology wasn't on the list.</p><p>While Aspen Technology currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AZPN

<p>Advisor OS LLC has reduced its stake in Aspen Technology, Inc. (NASDAQ:AZPN) by 48.5% in the 4th quarter, now holding 1,645 shares valued at $411,000. Other institutional investors have also adjusted their holdings, with Creative Planning increasing its stake by 34.1%. Analysts have mixed ratings on AZPN, with a consensus rating of "Hold" and a target price of $272.00. Aspen Technology reported $1.88 EPS for the last quarter, slightly above estimates, and has a market cap of $16.72 billion.</p>

Advisor OS LLC Decreases Stake in Aspen Technology, Inc. (NASDAQ:AZPN)