Moore Capital Management LP Makes New Investment in ANSYS, Inc. (NASDAQ:ANSS)

Moore Capital Management LP acquired a new position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,000 shares of the software maker's stock, valued at approximately $337,000.

Several other large investors have also recently bought and sold shares of the business. Lazard Asset Management LLC raised its position in ANSYS by 1.0% in the fourth quarter. Lazard Asset Management LLC now owns 314,967 shares of the software maker's stock worth $106,247,000 after acquiring an additional 2,975 shares in the last quarter. Light Street Capital Management LLC purchased a new position in ANSYS in the fourth quarter worth $233,000. Lighthouse Investment Partners LLC raised its position in ANSYS by 400.6% in the fourth quarter. Lighthouse Investment Partners LLC now owns 23,017 shares of the software maker's stock worth $7,764,000 after acquiring an additional 18,419 shares in the last quarter. Janus Henderson Group PLC raised its position in ANSYS by 0.5% in the fourth quarter. Janus Henderson Group PLC now owns 21,780 shares of the software maker's stock worth $7,351,000 after acquiring an additional 100 shares in the last quarter. Finally, Focus Partners Wealth raised its position in ANSYS by 122.0% in the fourth quarter. Focus Partners Wealth now owns 2,731 shares of the software maker's stock worth $921,000 after acquiring an additional 1,501 shares in the last quarter. Hedge funds and other institutional investors own 92.39% of the company's stock.

ANSYS Price Performance

ANSYS stock traded up $3.11 during trading hours on Friday, hitting $346.63. The stock had a trading volume of 698,889 shares, compared to its average volume of 493,054. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01. The stock has a market capitalization of $30.47 billion, a price-to-earnings ratio of 52.92, a PEG ratio of 3.48 and a beta of 1.21. ANSYS, Inc. has a 1-year low of $275.06 and a 1-year high of $363.03. The stock's fifty day moving average is $317.11 and its two-hundred day moving average is $332.44.

ANSYS (NASDAQ:ANSS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The software maker reported $1.64 EPS for the quarter, missing analysts' consensus estimates of $1.75 by ($0.11). The company had revenue of $504.89 million for 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 was up 8.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.39 EPS. As a group, analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

Insider Activity at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the stock in a transaction 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 owns 3,230 shares of the company's stock, valued at $969,032.30. This trade represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.61% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Rosenblatt Securities upped their target price on ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a report on Friday, February 21st. StockNews.com lowered ANSYS from a "buy" rating to a "hold" rating in a 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.