Mark Fusco, President & CEO at ASPEN TECHNOLOGY INC /DE/ (AZPN), sold 65,157 shares at $34.61 ($2.2M) on 2013-08-26, disclosed to the SEC on 2013-08-28.
Seasonal sale ($2.2M) by President & CEO — this insider has traded AZPN in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $34.42 | 33,557 | $1.2M | 51.4% |
| 2 | $34.61 | 31,600 | $1.1M | 48.6% |
| Total | $34.51 avg | 65,157 | $2.2M | 100% |
| Filing → |
| AZPN | SELL | 2013-06-10 | $4.7M | — | Filing → |
| AZPN | SELL | 2013-06-06 | $3.2M | — | Filing → |
| AZPN | SELL | 2013-05-23 | $786K | — | Filing → |