Generali Asset Management SPA SGR Acquires New Position in ANSYS, Inc. (NASDAQ:ANSS)

Generali Asset Management SPA SGR acquired a new stake in shares of ANSYS, Inc. (NASDAQ:ANSS) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 5,095 shares of the software maker’s stock, valued at approximately $1,719,000.

Other large investors also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. purchased a new stake in ANSYS during the 4th quarter valued at about $27,000. Assetmark Inc. grew its stake in ANSYS by 468.2% during the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock valued at $42,000 after acquiring an additional 103 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in ANSYS during the 4th quarter valued at about $47,000. Allworth Financial LP grew its stake in ANSYS by 33.7% during the 4th quarter. Allworth Financial LP now owns 258 shares of the software maker’s stock valued at $92,000 after acquiring an additional 65 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new position in ANSYS in the 3rd quarter valued at about $119,000. Hedge funds and other institutional investors own 92.39% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Rosenblatt Securities boosted their target price on shares of ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, February 21st. StockNews.com upgraded shares of ANSYS from a “hold” rating to a “buy” rating in a report on Friday, February 21st.

Insider Transactions at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the sale, the director now directly owns 3,430 shares in the company, valued at $1,154,606.60. This represents a 5.51 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.46% of the company’s stock.

ANSYS Stock Performance

NASDAQ:ANSS opened at $324.63 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01. The firm has a market capitalization of $28.45 billion, a price-to-earnings ratio of 49.56, a PEG ratio of 3.48 and a beta of 1.11. The company’s 50-day moving average is $337.38 and its two-hundred day moving average is $333.64. ANSYS, Inc. has a 1-year low of $289.82 and a 1-year high of $363.03.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing the consensus estimate of $3.97 by ($0.32). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The company had revenue of $882.17 million during the quarter, compared to analyst estimates of $864.46 million. Analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current year.

ANSYS Company Profile

ANSYS, Inc develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite.