UBS Asset Management Americas Inc. raised its position in ANSYS, Inc. (NASDAQ:ANSS) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 362,502 shares of the software maker’s stock after purchasing an additional 12,611 shares during the period. UBS Asset Management Americas Inc.’s holdings in ANSYS were worth $131,878,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in ANSS. BlackRock Inc. raised its position in shares of ANSYS by 0.5% in the fourth quarter. BlackRock Inc. now owns 7,452,280 shares of the software maker’s stock valued at $2,711,141,000 after buying an additional 34,336 shares during the last quarter. Aristotle Capital Management LLC grew its stake in ANSYS by 2.3% in the 4th quarter. Aristotle Capital Management LLC now owns 4,067,002 shares of the software maker’s stock worth $1,479,575,000 after acquiring an additional 92,049 shares during the period. FMR LLC raised its holdings in ANSYS by 0.9% in the 4th quarter. FMR LLC now owns 3,085,141 shares of the software maker’s stock valued at $1,122,375,000 after acquiring an additional 26,913 shares during the last quarter. Ownership Capital B.V. boosted its holdings in shares of ANSYS by 28.2% during the fourth quarter. Ownership Capital B.V. now owns 1,391,636 shares of the software maker’s stock worth $126,959,000 after purchasing an additional 306,306 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of ANSYS by 12.7% in the fourth quarter. Bank of New York Mellon Corp now owns 1,262,955 shares of the software maker’s stock valued at $459,462,000 after purchasing an additional 142,324 shares during the period. 89.44% of the stock is currently owned by institutional investors.
In related news, SVP Richard S. Mahoney sold 3,224 shares of the business’s stock in a transaction that occurred on Tuesday, February 16th. The stock was sold at an average price of $409.00, for a total transaction of $1,318,616.00. Following the transaction, the senior vice president now directly owns 42,411 shares of the company’s stock, valued at approximately $17,346,099. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Shane Emswiler sold 3,254 shares of the stock in a transaction that occurred on Thursday, March 4th. The shares were sold at an average price of $315.96, for a total transaction of $1,028,133.84. Following the completion of the sale, the senior vice president now directly owns 22,057 shares of the company’s stock, valued at approximately $6,969,129.72. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,157 shares of company stock valued at $4,873,228. 0.58% of the stock is owned by corporate insiders.
Shares of NASDAQ:ANSS opened at $355.34 on Thursday. The stock has a 50-day simple moving average of $341.43 and a 200-day simple moving average of $344.24. The stock has a market capitalization of $30.96 billion, a P/E ratio of 80.39 and a beta of 1.23. ANSYS, Inc. has a 1 year low of $234.21 and a 1 year high of $413.19. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.60 and a current ratio of 2.60.
ANSYS (NASDAQ:ANSS) last announced its quarterly earnings results on Tuesday, February 23rd. The software maker reported $2.96 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.42. ANSYS had a net margin of 24.88% and a return on equity of 12.09%. The firm had revenue of $627.77 million for the quarter, compared to analysts’ expectations of $564.55 million. During the same period in the previous year, the company posted $2.24 earnings per share. Analysts predict that ANSYS, Inc. will post 4.95 earnings per share for the current year.
A number of analysts have issued reports on ANSS shares. Credit Suisse Group decreased their price target on ANSYS from $413.00 to $392.00 and set an “outperform” rating on the stock in a research note on Thursday, March 4th. Royal Bank of Canada decreased their target price on shares of ANSYS from $400.00 to $380.00 and set a “sector perform” rating on the stock in a research report on Thursday, March 4th. Finally, Zacks Investment Research lowered shares of ANSYS from a “hold” rating to a “strong sell” rating and set a $286.00 price target for the company. in a research report on Thursday, March 4th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $323.63.
ANSYS, Inc develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which its engineering simulation technologies are built; multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; high-performance computing product suite, which delivers cross-physics parallel processing capabilities for simulation software; and structural analysis product suite that provides simulation tools for product design and optimization.
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