Mufg Securities Americas Inc. Purchases New Shares in ANSYS, Inc. (NASDAQ:ANSS)

Mufg Securities Americas Inc. acquired a new position in shares of ANSYS, Inc. (NASDAQ:ANSS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,291 shares of the software maker’s stock, valued at approximately $435,000.

A number of other large investors also recently made changes to their positions in ANSS. Ameliora Wealth Management Ltd. purchased a new stake in ANSYS in the 4th quarter valued at about $27,000. Quarry LP grew its holdings in shares of ANSYS by 1,550.0% in the fourth quarter. Quarry LP now owns 99 shares of the software maker’s stock valued at $33,000 after acquiring an additional 93 shares in the last quarter. Assetmark Inc. increased its position in shares of ANSYS by 468.2% during the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock valued at $42,000 after acquiring an additional 103 shares during the last quarter. Millstone Evans Group LLC bought a new stake in ANSYS during the fourth quarter worth $42,000. Finally, Kapitalo Investimentos Ltda bought a new stake in ANSYS during the fourth quarter worth $43,000. 92.39% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction that occurred 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 sale, the director now owns 3,230 shares of the company’s stock, valued at $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 available at the SEC website. Insiders own 0.61% of the company’s stock.

ANSYS Price Performance

Shares of NASDAQ:ANSS opened at $343.52 on Friday. The firm has a market capitalization of $30.20 billion, a PE ratio of 52.45, a P/E/G ratio of 3.48 and a beta of 1.21. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $316.58 and a two-hundred day moving average price of $332.32. ANSYS, Inc. has a twelve month low of $275.06 and a twelve month high of $363.03.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.11). ANSYS had a net margin of 22.62% and a return on equity of 12.69%. The business had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. During the same period last year, the firm earned $1.39 EPS. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. Equities analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Rosenblatt Securities raised their target price on ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 21st. StockNews.com lowered shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Wednesday, May 7th.

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.