89,543 Shares in ANSYS, Inc. (NASDAQ:ANSS) Purchased by NZS Capital LLC

NZS Capital LLC purchased a new stake in ANSYS, Inc. (NASDAQ:ANSS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 89,543 shares of the software maker's stock, valued at approximately $30,206,000. ANSYS accounts for about 1.3% of NZS Capital LLC's holdings, making the stock its 29th largest position. NZS Capital LLC owned 0.10% of ANSYS as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Ameliora Wealth Management Ltd. bought a new position in shares of ANSYS in the 4th quarter worth about $27,000. Quarry LP lifted its stake 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 buying an additional 93 shares during the period. Assetmark Inc. lifted its stake in ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker's stock valued at $42,000 after buying an additional 103 shares during the period. Millstone Evans Group LLC bought a new position in shares of ANSYS during the 4th quarter worth approximately $42,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of ANSYS during the 4th quarter worth approximately $47,000. 92.39% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ANSS shares. StockNews.com lowered shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Monday. Rosenblatt Securities increased their price objective on shares of ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a research report on Friday, February 21st.

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the firm's stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $300.01, for a total value of $60,002.00. Following the transaction, the director now owns 3,230 shares in the company, valued at $969,032.30. This trade represents a 5.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.46% of the company's stock.

ANSYS Stock Up 2.2 %

Shares of ANSS traded up $7.09 during trading hours on Friday, reaching $326.82. The stock had a trading volume of 267,030 shares, compared to its average volume of 485,463. The company has a market capitalization of $28.65 billion, a price-to-earnings ratio of 49.94, a P/E/G ratio of 3.48 and a beta of 1.20. The firm has a 50-day simple moving average of $314.94 and a 200 day simple moving average of $331.57. 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 12 month low of $275.06 and a 12 month high of $363.03.

ANSYS (NASDAQ:ANSS - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The software maker reported $1.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.75 by ($0.11). The business 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 quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 earnings per share. Equities research analysts predict that ANSYS, Inc. will post 8.32 earnings per share 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.