ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 25.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 134,080 shares of the software maker's stock after selling 45,804 shares during the quarter. BNP Paribas Financial Markets owned 0.15% of ANSYS worth $45,229,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in ANSS. Ameliora Wealth Management Ltd. purchased a new position in ANSYS in the 4th quarter valued at approximately $27,000. Quarry LP boosted its holdings 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 purchasing an additional 93 shares during the period. Assetmark Inc. grew its stake in ANSYS by 468.2% during the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker's stock worth $42,000 after purchasing an additional 103 shares in the last quarter. Millstone Evans Group LLC purchased a new stake in ANSYS during the 4th quarter worth about $42,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in ANSYS during the 4th quarter worth about $43,000. 92.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ANSS has been the subject of a number of analyst reports. 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. StockNews.com downgraded shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Wednesday.

ANSYS Stock Down 0.2 %

NASDAQ ANSS traded down $0.67 during trading on Friday, reaching $333.78. 368,213 shares of the company's stock were exchanged, compared to its average volume of 487,910. ANSYS, Inc. has a 1 year low of $275.06 and a 1 year high of $363.03. The stock has a market cap of $29.34 billion, a P/E ratio of 50.96, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. The company has a 50 day moving average price of $314.85 and a two-hundred day moving average price of $331.72.

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 net margin of 22.62% and a return on equity of 12.69%. The business had revenue of $504.89 million during the quarter, compared to analyst estimates of $516.81 million. During the same period last year, the company earned $1.39 earnings per share. The business's revenue for the quarter was up 8.2% compared to the same quarter last year. On average, equities research analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Insider Buying and Selling

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the firm's 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 transaction, the director now owns 3,230 shares of the company's stock, valued at approximately $969,032.30. This trade represents a 5.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.46% of the stock is owned by company insiders.

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.