ANSYS, Inc. (NASDAQ:ANSS) Position Lowered by Boston Family Office LLC

Boston Family Office LLC lowered its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 0.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 94,992 shares of the software maker’s stock after selling 780 shares during the quarter. ANSYS comprises approximately 2.2% of Boston Family Office LLC’s holdings, making the stock its 6th largest holding. Boston Family Office LLC owned approximately 0.11% of ANSYS worth $32,044,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stock Yards Bank & Trust Co. grew its stake in ANSYS by 1.3% during the fourth quarter. Stock Yards Bank & Trust Co. now owns 2,275 shares of the software maker’s stock worth $767,000 after buying an additional 30 shares during the period. Greenleaf Trust boosted its position in ANSYS by 0.9% during the 4th quarter. Greenleaf Trust now owns 3,651 shares of the software maker’s stock worth $1,232,000 after purchasing an additional 32 shares during the period. Koshinski Asset Management Inc. increased its holdings in ANSYS by 0.8% in the 4th quarter. Koshinski Asset Management Inc. now owns 4,367 shares of the software maker’s stock valued at $1,473,000 after purchasing an additional 34 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its position in ANSYS by 2.8% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,298 shares of the software maker’s stock valued at $438,000 after purchasing an additional 35 shares during the period. Finally, BTC Capital Management Inc. lifted its stake in shares of ANSYS by 2.5% during the fourth quarter. BTC Capital Management Inc. now owns 1,499 shares of the software maker’s stock worth $506,000 after purchasing an additional 36 shares in the last quarter. Institutional investors and hedge funds own 92.39% of the company’s stock.

Insider Activity

In other ANSYS news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction on Monday, January 13th. The shares were sold at an average price of $336.62, for a total value of $67,324.00. Following the completion of the transaction, the director now owns 3,430 shares of the company’s stock, valued at $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.46% of the company’s stock.

ANSYS Stock Down 0.1 %

Shares of ANSYS stock opened at $316.56 on Tuesday. ANSYS, Inc. has a 1-year low of $289.82 and a 1-year high of $363.03. The company has a market capitalization of $27.75 billion, a PE ratio of 48.33, a P/E/G ratio of 3.48 and a beta of 1.11. 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 business has a 50-day moving average of $334.45 and a 200-day moving average of $334.44.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Rosenblatt Securities increased their target price on ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research note on Friday, February 21st. StockNews.com downgraded shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Friday, March 21st.

About ANSYS

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.