<div id="readability-page-1"><p>Charles Schwab Investment Management Inc. boosted its stake in  Aspen Technology, Inc. (NASDAQ:AZPN - Free Report) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor  owned 170,350 shares of the technology company's stock after buying an additional 2,518 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.27% of Aspen Technology worth $42,524,000 at the end of the most recent reporting period.</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>A number of other hedge funds and other institutional investors have also recently bought and sold shares of AZPN. SBI Securities Co. Ltd. purchased a new position in  Aspen Technology in the 4th quarter worth approximately $26,000.  Jones Financial Companies Lllp lifted its stake in  Aspen Technology by 965.0% in the 4th quarter. Jones Financial Companies Lllp now owns 213 shares of the technology company's stock worth $53,000 after purchasing an additional 193 shares in the last quarter.  Blue Trust Inc. lifted its stake in  Aspen Technology by 5,700.0% in the 4th quarter. Blue Trust Inc. now owns 232 shares of the technology company's stock worth $58,000 after purchasing an additional 228 shares in the last quarter.  GAMMA Investing LLC lifted its stake in  Aspen Technology by 30.1% in the 4th quarter. GAMMA Investing LLC now owns 251 shares of the technology company's stock worth $63,000 after purchasing an additional 58 shares in the last quarter.  Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in  Aspen Technology by 126.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 270 shares of the technology company's stock worth $68,000 after purchasing an additional 151 shares in the last quarter. 45.66% of the stock is owned by hedge funds and other institutional investors. </p><h2>Aspen Technology Stock Performance</h2><p>AZPN stock opened at $264.33 on Friday. Aspen Technology, Inc. has a one year low of $171.25 and a one year high of $277.37. The firm's 50 day moving average price is $261.08 and its 200-day moving average price is $247.69. The firm has a market cap of $16.73 billion, a PE ratio of 3,304.54, a PEG ratio of 3.00 and a beta of 0.73. </p><ul><li>The Outperforming Software Stock No One is Talking About</li></ul><p>Aspen Technology (NASDAQ:AZPN - Get Free Report) last posted its earnings results on Tuesday, February 4th. The technology company reported $1.88 earnings per share 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 predict that  Aspen Technology, Inc. will post 6.7 EPS for the current fiscal year. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of research analysts have weighed in on the stock. StockNews.com assumed coverage on shares of Aspen Technology in a research note on Friday. They issued a &#34;hold&#34; rating on the stock. Robert W. Baird  reissued a &#34;neutral&#34; rating and issued a $265.00 target price (down from $275.00) on shares of Aspen Technology in a research note on Monday, January 27th. Baird R W lowered shares of Aspen Technology from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Monday, January 27th. Loop Capital raised shares of Aspen Technology from a &#34;hold&#34; rating to a &#34;buy&#34; rating and lifted their price target for the company from $265.00 to $315.00 in a research report on Monday, February 10th. Finally, Piper Sandler lifted their price target on shares of Aspen Technology from $240.00 to $265.00 and gave the company a &#34;neutral&#34; rating in a research report on Monday, January 27th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of &#34;Hold&#34; and an average target price of $272.00.</p><p><b>Read Our Latest Stock Report on AZPN</b></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>Featured Articles</h2><ul><li>Five stocks we like better than Aspen Technology</li><li>Biggest Stock Losers - Today’s Biggest Percentage Decliners</li><li>Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead</li><li>How Technical Indicators Can Help You Find Oversold Stocks </li><li>How Super Micro Computer Stock Is Defying the Market Sell-Off</li><li>Investing in Travel Stocks Benefits</li><li>AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?</li></ul><p><strong>Want to see what other hedge funds are holding AZPN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aspen Technology, Inc. (NASDAQ:AZPN - Free Report).</p><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>Charles Schwab Investment Management Inc. increased its stake in Aspen Technology, Inc. (NASDAQ:AZPN) by 1.5% in Q4, owning 170,350 shares valued at approximately $42.5 million. Other institutional investors also raised their positions significantly. Aspen Technology's stock opened at $264.33, with a one-year range of $171.25 to $277.37. The company reported earnings of $1.88 per share, beating estimates. Analysts have mixed ratings, with an average target price of $272.00, indicating a generally cautious outlook on the stock.</p>

Charles Schwab Investment Management Inc. Raises Position in Aspen Technology, Inc. (NASDAQ:AZPN)