Simulations Plus, Inc. (SLP) Director David L. Ralph Sells 3,000 Shares

Simulations Plus, Inc. (NASDAQ:SLP) Director David L. Ralph sold 3,000 shares of the business’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $22.74, for a total value of $68,220.00. Following the completion of the transaction, the director now directly owns 18,006 shares of the company’s stock, valued at approximately $409,456.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

NASDAQ:SLP traded up $0.27 during trading hours on Monday, hitting $22.14. 9,636 shares of the stock were exchanged, compared to its average volume of 49,925. Simulations Plus, Inc. has a 52-week low of $16.26 and a 52-week high of $23.95. The firm has a market cap of $382.94 million, a P/E ratio of 44.28 and a beta of -0.50.

Simulations Plus (NASDAQ:SLP) last posted its quarterly earnings data on Tuesday, April 9th. The technology company reported $0.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.02. Simulations Plus had a return on equity of 22.87% and a net margin of 23.61%. The company had revenue of $8.47 million during the quarter, compared to analyst estimates of $8.10 million. Analysts anticipate that Simulations Plus, Inc. will post 0.43 earnings per share for the current year.



The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Wednesday, April 24th will be paid a dividend of $0.06 per share. The ex-dividend date is Tuesday, April 23rd. This represents a $0.24 annualized dividend and a yield of 1.08%. Simulations Plus’s dividend payout ratio (DPR) is currently 48.00%.

Several brokerages recently weighed in on SLP. Zacks Investment Research upgraded Simulations Plus from a “sell” rating to a “hold” rating in a research note on Tuesday, January 1st. BidaskClub upgraded Simulations Plus from a “buy” rating to a “strong-buy” rating in a research note on Monday, February 25th. Finally, Taglich Brothers lowered Simulations Plus from a “buy” rating to a “speculative buy” rating in a research note on Wednesday, January 16th.

Large investors have recently bought and sold shares of the business. Advisor Group Inc. grew its position in shares of Simulations Plus by 156.9% in the fourth quarter. Advisor Group Inc. now owns 2,112 shares of the technology company’s stock valued at $42,000 after purchasing an additional 1,290 shares in the last quarter. Bessemer Group Inc. grew its position in shares of Simulations Plus by 8.6% in the fourth quarter. Bessemer Group Inc. now owns 31,700 shares of the technology company’s stock valued at $631,000 after purchasing an additional 2,500 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Simulations Plus by 11.4% in the third quarter. Wells Fargo & Company MN now owns 31,783 shares of the technology company’s stock valued at $643,000 after purchasing an additional 3,249 shares in the last quarter. Martingale Asset Management L P grew its position in shares of Simulations Plus by 4.7% in the fourth quarter. Martingale Asset Management L P now owns 73,608 shares of the technology company’s stock valued at $1,465,000 after purchasing an additional 3,300 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of Simulations Plus by 65.7% in the fourth quarter. Bank of America Corp DE now owns 8,754 shares of the technology company’s stock valued at $174,000 after purchasing an additional 3,471 shares in the last quarter. Institutional investors own 40.74% of the company’s stock.

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About Simulations Plus

Simulations Plus, Inc develops drug discovery and development software for mechanistic modeling and simulation, and machine-learning-based prediction of properties of molecules from their structure worldwide. The company offers GastroPlus, which simulates the absorption, pharmacokinetics (PK), pharmacodynamics, and drug-drug interactions of compounds administered to humans and animals; DDDPlus that simulates in vitro laboratory experiments that measure the rate of dissolution of the drug and additives in a dosage form; and MembranePlus, which simulates laboratory experiments.

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