Nucor earnings beat by $0.08, revenue fell short of estimates
Simulations Plus , Inc. (NASDAQ:SLP), a $681 million market cap company currently trading at $33.56, has seen significant insider activity as Walter S. Woltosz, a director and ten percent owner, reported the sale of shares. According to a recent SEC filing, Woltosz sold a total of 20,000 shares on May 1, 2025. The shares were sold at prices ranging from $33.20 to $33.78, amounting to a total transaction value of approximately $670,150.
The sales were carried out as part of a pre-arranged Rule 10b5-1 trading plan. This type of plan allows insiders to sell a predetermined number of shares at a predetermined time to avoid any allegations of insider trading. According to InvestingPro data, the company has demonstrated strong revenue growth of 21.49% over the last twelve months.
In addition to the sales, the filing disclosed that Woltosz also acquired 786 shares as part of his compensation as an independent director. These shares were granted under the company’s 2021 Equity Incentive Plan.
Following these transactions, Woltosz holds 3,344,157 shares of Simulations Plus. The stock transactions reflect ongoing insider activity within the company, which is a point of interest for investors monitoring the company’s stock performance.
In other recent news, Simulations Plus reported a 23% year-over-year increase in revenue for the second quarter of fiscal 2025, reaching $22.4 million and surpassing both BTIG’s and consensus estimates. However, the company’s adjusted EBITDA was $6.6 million, representing a decline from the previous year and falling short of analyst expectations. Despite the revenue growth, Citizens JMP maintained a Market Perform rating on the stock due to challenges in maintaining profitability margins. Meanwhile, BTIG lowered its price target for Simulations Plus from $50 to $41 while maintaining a Buy rating, reflecting a cautious outlook despite strong revenue performance.
The Services division of Simulations Plus contributed significantly to the revenue increase, with a 34% rise year-over-year. The Software (ETR:SOWGn) division also showed growth, albeit slightly missing forecasts, with a 16% year-over-year increase. Additionally, Simulations Plus announced the appointment of Grant Thornton as its new independent registered public accounting firm, replacing Rose, Snyder & Jacobs LLC. The change in auditors was part of a competitive process and not due to any disagreements over accounting practices. These developments highlight the company’s ongoing efforts to strengthen its financial operations and market position.
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