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Walter S. Woltosz, a director and significant shareholder of Simulations Plus , Inc. (NASDAQ:SLP), recently sold shares in the company, according to a Form 4 filing with the Securities and Exchange Commission. The transactions, executed on April 1, 2025, involved the sale of 20,000 shares of common stock. The sale comes as SLP trades near its 52-week low of $23.44, with the stock down 37% over the past year.
The shares were sold at prices ranging from $23.47 to $24.82, with the total transaction amounting to $481,786. Following these sales, Woltosz retains direct ownership of 3,363,371 shares in the company. The sales were conducted automatically under a pre-established Rule 10b5-1 trading plan. According to InvestingPro data, the company maintains strong financial health with a current ratio of 4.15 and has achieved nearly 20% revenue growth over the last twelve months.
Simulations Plus, headquartered in Research Triangle Park, NC, provides software and consulting services for pharmaceutical research and development. The company is listed on the NASDAQ under the ticker symbol SLP. While trading at a relatively high P/E ratio of 59, InvestingPro analysis indicates the stock is currently undervalued, with 13 additional key insights available to subscribers.
In other recent news, Simulations Plus reported its fourth-quarter earnings for fiscal year 2024, surpassing Wall Street expectations with an earnings per share (EPS) of $0.17, beating the forecast of $0.14. The company’s revenue reached $18.9 million, slightly above the anticipated $18.77 million, marking an 18% year-over-year increase to $70 million. Additionally, the company has set a revenue guidance for fiscal year 2025, anticipating between $90 million and $93 million, with an expected contribution from the Proficiency acquisition ranging from $15 million to $18 million. KeyBanc Capital Markets raised its price target for Simulations Plus shares to $37, maintaining an Overweight rating, citing a positive outlook on the company’s valuation and growth prospects. Oppenheimer analysts reaffirmed an Outperform stock rating with a $65.00 price target following the company’s first-quarter fiscal year 2025 revenue report, which closely aligned with expectations. At the company’s Annual Meeting of Shareholders, Simulations Plus elected five board members and ratified Rose, Snyder & Jacobs LLP as the independent registered public accounting firm for the fiscal year ending August 31, 2025. These developments highlight the company’s recent financial performance and strategic decisions.
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