ClearAlpha Technologies LP Has $7.07 Million Holdings in ANSYS, Inc. (NASDAQ:ANSS)

ClearAlpha Technologies LP trimmed its holdings in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 25.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,943 shares of the software maker's stock after selling 6,995 shares during the period. ANSYS makes up 4.8% of ClearAlpha Technologies LP's investment portfolio, making the stock its 6th biggest holding. ClearAlpha Technologies LP's holdings in ANSYS were worth $7,065,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ameliora Wealth Management Ltd. purchased a new position in shares of ANSYS in the fourth quarter valued at $27,000. Assetmark Inc. grew its holdings in ANSYS by 468.2% during the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker's stock valued at $42,000 after buying an additional 103 shares in the last quarter. Millstone Evans Group LLC bought a new stake in shares of ANSYS during the fourth quarter valued at about $42,000. SBI Securities Co. Ltd. purchased a new stake in shares of ANSYS in the fourth quarter worth about $47,000. Finally, Allworth Financial LP boosted its position in shares of ANSYS by 33.7% in the fourth quarter. Allworth Financial LP now owns 258 shares of the software maker's stock valued at $92,000 after acquiring an additional 65 shares during the period. Institutional investors own 92.39% of the company's stock.

ANSYS Price Performance

ANSS traded up $4.32 on Friday, reaching $320.68. The company had a trading volume of 575,491 shares, compared to its average volume of 482,544. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. ANSYS, Inc. has a 52-week low of $275.06 and a 52-week high of $363.03. The company has a market cap of $28.11 billion, a price-to-earnings ratio of 48.96, a P/E/G ratio of 3.48 and a beta of 1.20. The business has a 50 day simple moving average of $316.25 and a 200 day simple moving average of $331.85.

ANSYS (NASDAQ:ANSS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.97 by ($0.32). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The company had revenue of $882.17 million for the quarter, compared to the consensus estimate of $864.46 million. As a group, sell-side analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current year.

Analyst Ratings Changes

Several analysts have issued reports on the stock. StockNews.com upgraded shares of ANSYS from a "hold" rating to a "buy" rating in a research note on Friday, April 18th. Rosenblatt Securities upped their price target on shares of ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a report on Friday, February 21st.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.46% of the company's stock.

About ANSYS

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.