Banque Transatlantique SA Purchases New Shares in ANSYS, Inc. (NASDAQ:ANSS)

Banque Transatlantique SA bought a new stake in ANSYS, Inc. (NASDAQ:ANSS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,300 shares of the software maker's stock, valued at approximately $1,451,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Ameliora Wealth Management Ltd. purchased a new stake in ANSYS in the 4th quarter valued at about $27,000. Quarry LP boosted its position in shares of ANSYS by 1,550.0% during the fourth quarter. Quarry LP now owns 99 shares of the software maker's stock worth $33,000 after buying an additional 93 shares during the period. Assetmark Inc. grew its stake in shares of 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 in the last quarter. Millstone Evans Group LLC purchased a new stake in shares of ANSYS in the 4th quarter valued at $42,000. Finally, Kapitalo Investimentos Ltda acquired a new position in ANSYS during the 4th quarter worth about $43,000. Hedge funds and other institutional investors own 92.39% of the company's stock.

Analyst Upgrades and Downgrades

ANSS has been the topic of several research reports. StockNews.com cut shares of ANSYS from a "buy" rating to a "hold" rating in a research report on Wednesday. Rosenblatt Securities boosted their price objective on 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 ANSYS stock in a transaction dated 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 in the company, valued at approximately $969,032.30. The trade was 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 accessible through this link. 0.46% of the stock is currently owned by insiders.

ANSYS Stock Down 0.2 %

Shares of ANSYS stock traded down $0.79 during trading on Friday, hitting $333.66. 168,593 shares of the stock were exchanged, compared to its average volume of 484,932. 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 firm's 50-day moving average price is $314.64 and its 200 day moving average price is $331.59. The stock has a market cap of $29.33 billion, a price-to-earnings ratio of 50.94, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21. 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 announced its quarterly earnings results 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). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The business had revenue of $504.89 million for the quarter, compared to analysts' expectations of $516.81 million. During the same period last year, the firm earned $1.39 earnings per share. The firm's quarterly revenue was up 8.2% on a year-over-year basis. As a group, analysts forecast that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

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.