Css LLC Il Reduces Stake in ANSYS, Inc. (NASDAQ:ANSS)

Css LLC Il lessened its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 14.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,602 shares of the software maker’s stock after selling 600 shares during the quarter. Css LLC Il’s holdings in ANSYS were worth $1,215,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of ANSS. Ameliora Wealth Management Ltd. acquired a new stake in shares of ANSYS in the fourth quarter worth $27,000. Quarry LP boosted its holdings in 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 purchasing an additional 93 shares during the last quarter. Assetmark Inc. grew its position in ANSYS by 468.2% during the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock worth $42,000 after purchasing an additional 103 shares during the period. Millstone Evans Group LLC purchased a new position in shares of ANSYS during the 4th quarter valued at about $42,000. Finally, Kapitalo Investimentos Ltda acquired a new position in shares of ANSYS in the 4th quarter valued at about $43,000. 92.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $300.01, for a total value 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.61% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ANSS has been the topic of several analyst reports. Rosenblatt Securities raised their target price on ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, February 21st. StockNews.com lowered shares of ANSYS from a “buy” rating to a “hold” rating in a report on Wednesday, May 7th.

ANSYS Price Performance

NASDAQ:ANSS opened at $346.00 on Wednesday. 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, Inc. has a 52 week low of $275.06 and a 52 week high of $363.03. The stock’s 50-day moving average price is $318.21 and its 200-day moving average price is $332.79. The stock has a market capitalization of $30.42 billion, a PE ratio of 52.82, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21.

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

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.