Voya Financial Advisors Inc. Has $570,000 Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Voya Financial Advisors Inc. lowered its position in ANSYS, Inc. (NASDAQ:ANSS) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,687 shares of the software maker’s stock after selling 122 shares during the quarter. Voya Financial Advisors Inc.’s holdings in ANSYS were worth $570,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in ANSYS during the third quarter worth $174,000. Destination Wealth Management increased its holdings in shares of ANSYS by 1.7% during the 3rd quarter. Destination Wealth Management now owns 69,296 shares of the software maker’s stock valued at $22,080,000 after acquiring an additional 1,147 shares during the last quarter. Tidal Investments LLC raised its stake in shares of ANSYS by 5.0% in the 3rd quarter. Tidal Investments LLC now owns 10,841 shares of the software maker’s stock valued at $3,454,000 after acquiring an additional 520 shares in the last quarter. Oddo BHF Asset Management Sas acquired a new stake in ANSYS in the 3rd quarter worth approximately $7,966,000. Finally, JPMorgan Chase & Co. boosted its position in ANSYS by 34.9% during the third quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker’s stock worth $123,217,000 after purchasing an additional 100,042 shares during the period. 92.39% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ANSS. StockNews.com raised shares of ANSYS from a “hold” rating to a “buy” rating in a research report on Friday, April 18th. Rosenblatt Securities lifted their target price on shares of ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, February 21st.

ANSYS Stock Performance

Shares of NASDAQ ANSS opened at $320.68 on Friday. ANSYS, Inc. has a 12 month low of $275.06 and a 12 month high of $363.03. The company has a market cap of $28.11 billion, a P/E ratio of 48.96, a P/E/G ratio of 3.48 and a beta of 1.20. The business’s 50 day moving average is $316.25 and its two-hundred day moving average is $331.85. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12.

ANSYS (NASDAQ:ANSS) last announced its earnings results on Wednesday, February 19th. The software maker reported $3.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $864.46 million. On average, equities analysts expect that ANSYS, Inc. will post 8.32 EPS for the current year.

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $300.01, for a total transaction of $60,002.00. Following the sale, the director now directly owns 3,230 shares in the company, valued at approximately $969,032.30. The trade was a 5.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.46% of the company’s stock.

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.