SCHEDULE: Vanguard Discloses 5.02% Stake in Simulations Plus

The Vanguard Group has reported a 5.02% beneficial ownership stake in Simulations Plus Inc. common stock as of December 31, 2025.

Summary

• The Vanguard Group beneficially owns 1,011,706 shares of Simulations Plus Inc. common stock.
• This ownership represents 5.02% of the total class of securities.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
• As of January 12, 2026, The Vanguard Group, Inc. underwent an internal realignment, ceasing to perform portfolio management services or administer proxy voting.
• Certain subsidiaries or business divisions of The Vanguard Group, Inc. are expected to report beneficial ownership separately (on a disaggregated basis) following this realignment.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive indicator, reflecting significant institutional confidence in Simulations Plus through a passive investment, though it does not provide operational or financial performance updates.

Positives

• The Vanguard Group, a major institutional investor, holds a significant 5.02% stake in Simulations Plus Inc., indicating institutional confidence.
• The acquisition of shares was stated to be in the ordinary course of business, suggesting a passive, long-term investment strategy.

Future Outlook

The filing indicates that following an internal realignment on January 12, 2026, The Vanguard Group, Inc. anticipates that certain subsidiaries or business divisions will report beneficial ownership separately from The Vanguard Group, Inc. in reliance on SEC Release No. 34-39538.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that the disclosure of a significant passive stake by a major asset manager like The Vanguard Group often signals a baseline level of institutional interest and confidence in the underlying company, Simulations Plus, which operates in the specialized field of simulation and modeling software. This type of filing is common for large index fund providers.

Stakeholder Impact

• Shareholders may view the significant institutional ownership by The Vanguard Group as a positive signal of long-term stability and confidence in Simulations Plus Inc.

Next Steps

• The Vanguard Group, Inc.'s subsidiaries or business divisions are expected to report their beneficial ownership separately (on a disaggregated basis) in future filings.

Key Dates

Recommendation

The disclosure of a significant passive stake by a major institutional investor like The Vanguard Group typically signals long-term confidence in the company's fundamentals, supporting a 'hold' recommendation for existing investors. While not a direct endorsement of immediate growth, it indicates a stable institutional presence.

Keywords

Simulations Plus, Vanguard Group, Institutional Ownership, Beneficial Ownership, Common Stock, SEC Filing, Schedule 13G, Investment Adviser