Simulations Plus director Walter Woltosz sells shares worth $557,662

Published 03/01/2025, 22:40
Simulations Plus director Walter Woltosz sells shares worth $557,662

Walter S. Woltosz, a director and significant shareholder of Simulations Plus , Inc. (NASDAQ:SLP), reported selling shares of the company in transactions totaling $557,662. The sales, executed on January 2, were made under a pre-arranged trading plan. The company, currently valued at $578.54 million, has maintained a GOOD financial health score according to InvestingPro analysis.

The transactions involved selling 20,000 shares of common stock at prices ranging from $27.88 to $28.50 per share. Following these sales, Woltosz holds 3,422,584 shares directly. The sales were part of a Rule 10b5-1 plan, which allows insiders to set up a predetermined schedule for selling stocks to avoid potential conflicts of interest. The stock is currently trading near its 52-week low of $27.07, despite showing strong revenue growth of 17.52% and maintaining a healthy current ratio of 3.26. For deeper insights into SLP's valuation and 12+ additional key metrics, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Simulations Plus, a renowned simulation software and services provider for the pharmaceutical industry, has been the subject of several recent developments. Oppenheimer analysts maintained an Outperform rating for the company's shares, projecting a steady outlook for the company's fiscal first quarter of 2025 results. The company's robust financial performance in fiscal year 2024 saw total revenue rise by 18% to $70 million, and a fourth-quarter revenue increase of 19% to $18.7 million.

Simulations Plus has also secured a grant from the U.S. Food and Drug Administration for a collaboration with the University of Strathclyde and InnoGI Technologies. This project aims to advance the understanding and prediction of amorphous solid dispersion (ASD) formulations. The company's strategic acquisitions of Pro-ficiency and Immunetrics have expanded its total addressable market and enhanced its software offerings.

In response to these developments, BTIG adjusted the financial outlook for Simulations Plus, reducing the price target to $50.00 from the previous $60.00 while maintaining a Buy rating on the stock. Despite falling short of the $19.7 million expected by BTIG and the consensus estimate, the company issued financial guidance for fiscal year 2025, projecting revenue in line with initial estimates and an adjusted earnings per share (EPS) forecast between $1.07 and $1.20.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.