2 weeks Ago By ABMN Staff
American Century Companies Inc. increased its stake in ANSYS, Inc. ( NASDAQ:ANSS – Free Report ) by 13.
8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,392 shares of the software maker’s stock after buying an additional 775 shares during the period. American Century Companies Inc.
’s holdings in ANSYS were worth $2,055,000 as of its most recent SEC filing. Several other institutional investors also recently added to or reduced their stakes in the stock. Quest Partners LLC purchased a new position in ANSYS during the 4th quarter valued at about $29,000.
DT Investment Partners LLC increased its position in ANSYS by 888.9% during the 2nd quarter. DT Investment Partners LLC now owns 89 shares of the software maker’s stock valued at $29,000 after purchasing an additional 80 shares during the period.
Rothschild Investment LLC purchased a new position in ANSYS during the 2nd quarter valued at about $38,000. Core Wealth Advisors Inc. purchased a new position in ANSYS during the 4th quarter valued at about $40,000.
Finally, Janiczek Wealth Management LLC boosted its holdings in shares of ANSYS by 39.1% in the 1st quarter. Janiczek Wealth Management LLC now owns 153 shares of the software maker’s stock valued at $53,000 after buying an additional 43 shares in the last quarter.
Hedge funds and other institutional investors own 92.39% of the company’s stock. Analyst Ratings Changes A number of research firms have recently weighed in on ANSS.
Rosenblatt Securities lowered their price target on shares of ANSYS from $345.00 to $335.00 and set a “neutral” rating on the stock in a report on Tuesday, August 6th.
StockNews.com initiated coverage on shares of ANSYS in a report on Sunday, September 22nd. They issued a “hold” rating on the stock.
Finally, KeyCorp initiated coverage on shares of ANSYS in a research note on Thursday, June 27th. They issued a “sector weight” rating for the company. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock.
Based on data from MarketBeat, ANSYS presently has a consensus rating of “Hold” and a consensus target price of $318.33. Insiders Place Their Bets In other ANSYS news, Director Glenda Dorchak sold 159 shares of the company’s stock in a transaction that occurred on Monday, July 8th.
The stock was sold at an average price of $330.81, for a total value of $52,598.79.
Following the transaction, the director now directly owns 3,782 shares of the company’s stock, valued at approximately $1,251,123.42. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website .
0.46% of the stock is owned by company insiders. ANSYS Stock Performance NASDAQ:ANSS opened at $325.
15 on Friday. The firm’s fifty day moving average price is $315.85 and its 200 day moving average price is $324.
72. ANSYS, Inc. has a 1-year low of $258.
01 and a 1-year high of $364.31. The company has a debt-to-equity ratio of 0.
13, a current ratio of 2.95 and a quick ratio of 2.95.
The firm has a market cap of $28.39 billion, a price-to-earnings ratio of 65.29, a price-to-earnings-growth ratio of 6.
89 and a beta of 1.12. ANSYS ( NASDAQ:ANSS – Get Free Report ) last released its quarterly earnings results on Wednesday, July 31st.
The software maker reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.
58. ANSYS had a return on equity of 11.51% and a net margin of 21.
30%. The business had revenue of $594.14 million during the quarter, compared to the consensus estimate of $550.
30 million. During the same quarter in the previous year, the company posted $1.06 EPS.
The business’s revenue was up 19.6% on a year-over-year basis. On average, sell-side analysts expect that ANSYS, Inc.
will post 7.32 EPS for the current year. ANSYS Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding ANSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ANSYS, Inc.
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