Mark Fusco, President & CEO at ASPEN TECHNOLOGY INC /DE/ (AZPN), sold 187,566 shares at $30.14 ($5.7M) on 2013-02-04, disclosed to the SEC on 2013-02-05.
Seasonal sale ($5.7M) by President & CEO — this insider has traded AZPN in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $30.42 | 140,000 | $4.3M | 74.8% |
| 2 | $30.14 | 47,566 | $1.4M | 25.2% |
| Total | $30.35 avg | 187,566 | $5.7M | 100% |
| Filing → |
| AZPN | SELL | 2013-08-28 | $2.2M | — | Filing → |
| AZPN | SELL | 2013-06-10 | $4.7M | — | Filing → |
| AZPN | SELL | 2013-06-06 | $3.2M | — | Filing → |