Sei Investments Co. Increases Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Sei Investments Co. lifted its position in ANSYS, Inc. (NASDAQ:ANSS) by 4.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 473,848 shares of the software maker’s stock after purchasing an additional 18,151 shares during the quarter. Sei Investments Co.’s holdings in ANSYS were worth $159,842,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. OneDigital Investment Advisors LLC grew its holdings in ANSYS by 3.0% during the third quarter. OneDigital Investment Advisors LLC now owns 1,285 shares of the software maker’s stock worth $409,000 after acquiring an additional 37 shares during the period. Empowered Funds LLC grew its holdings in ANSYS by 23.3% during the third quarter. Empowered Funds LLC now owns 1,467 shares of the software maker’s stock worth $467,000 after acquiring an additional 277 shares during the period. MAI Capital Management acquired a new stake in ANSYS during the third quarter worth about $476,000. Pathstone Holdings LLC grew its holdings in ANSYS by 0.5% during the third quarter. Pathstone Holdings LLC now owns 14,677 shares of the software maker’s stock worth $4,677,000 after acquiring an additional 79 shares during the period. Finally, Banque Cantonale Vaudoise grew its holdings in ANSYS by 72.1% during the third quarter. Banque Cantonale Vaudoise now owns 2,913 shares of the software maker’s stock worth $928,000 after acquiring an additional 1,220 shares during the period. 92.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Glenda Dorchak sold 200 shares of the company’s stock in a transaction 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 completion of the sale, the director now owns 3,430 shares of the company’s stock, valued at $1,154,606.60. This represents a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

ANSS has been the topic of several analyst reports. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a report on Friday. Rosenblatt Securities raised their price objective on ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, February 21st.

ANSYS Stock Down 0.1 %

Shares of ANSS opened at $324.20 on Friday. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The stock’s 50 day moving average is $337.11 and its two-hundred day moving average is $333.66. The firm has a market cap of $28.42 billion, a P/E ratio of 49.50, a PEG ratio of 3.48 and a beta of 1.11.

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). The business had revenue of $882.17 million during the quarter, compared to analyst estimates of $864.46 million. ANSYS had a net margin of 22.62% and a return on equity of 12.69%. Analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

ANSYS 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.