Coldstream Capital Management Inc. Has $610,000 Position in ANSYS, Inc. (NASDAQ:ANSS)

Coldstream Capital Management Inc. cut its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 9.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,807 shares of the software maker’s stock after selling 199 shares during the quarter. Coldstream Capital Management Inc.’s holdings in ANSYS were worth $610,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of ANSS. Ameliora Wealth Management Ltd. bought a new position in ANSYS in the fourth quarter valued at approximately $27,000. Assetmark Inc. raised its holdings in shares of ANSYS by 468.2% during the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock worth $42,000 after acquiring an additional 103 shares during the period. Millstone Evans Group LLC bought a new stake in ANSYS in the 4th quarter valued at $42,000. SBI Securities Co. Ltd. acquired a new position in ANSYS in the 4th quarter worth $47,000. Finally, Allworth Financial LP increased its holdings in ANSYS by 33.7% during the 4th quarter. Allworth Financial LP now owns 258 shares of the software maker’s stock worth $92,000 after purchasing an additional 65 shares in the last quarter. 92.39% of the stock is owned by institutional investors.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the firm’s stock in a transaction on Monday, April 14th. The shares were sold at an average price of $300.01, for a total value of $60,002.00. Following the completion of the transaction, the director now directly owns 3,230 shares of the company’s stock, valued at approximately $969,032.30. This trade represents a 5.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

ANSS has been the topic of a number of research reports. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a report on Monday. Rosenblatt Securities boosted 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.

ANSYS Stock Up 0.6 %

Shares of ANSS stock opened at $319.82 on Wednesday. The firm’s fifty day moving average price is $315.46 and its two-hundred day moving average price is $331.75. 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 1 year low of $275.06 and a 1 year high of $363.03. The firm has a market capitalization of $28.03 billion, a P/E ratio of 48.83, a PEG ratio of 3.48 and a beta of 1.20.

ANSYS (NASDAQ:ANSS) last released 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 net margin of 22.62% and a return on equity of 12.69%. The company had revenue of $882.17 million during the quarter, compared to analyst estimates of $864.46 million. On average, equities analysts predict that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

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.