This purchase of Aspen Technology $AZPN by Emerson Electric $EMR reminded me of a couple of insider purchases by the CEO and a director of the company in November 2023.

It was the director Arthur Golden's purchase that caught my attention because he was a M&A attorney and had been on Emerson's board since 2000.

His last purchase before that one was in March 2020 during the pandemic related drop. 

This ticked all our boxes: 

✅ Long-serving independent background
✅ Opportunistic purchases
✅ Investing background (in this case M&A works as a substitute for me)

Unfortunately it looks like he will be leaving Emerson's board of directors next month. 

Our brief writeup of Emerson from November 2023:
#AZPN #EMR