BNP Paribas Financial Markets Has $45.23 Million Position in ANSYS, Inc. (NASDAQ:ANSS)

BNP Paribas Financial Markets trimmed its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 25.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 approximately 0.15% of ANSYS worth $45,229,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Ameliora Wealth Management Ltd. acquired a new position in shares of ANSYS in the 4th quarter valued at about $27,000. Quarry LP lifted its position in ANSYS by 1,550.0% in the 4th quarter. Quarry LP now owns 99 shares of the software maker's stock worth $33,000 after buying an additional 93 shares in the last quarter. Assetmark Inc. grew its holdings in shares of 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 acquiring an additional 103 shares in the last quarter. Millstone Evans Group LLC acquired a new position in shares of ANSYS in the fourth quarter worth $42,000. Finally, Kapitalo Investimentos Ltda acquired a new position in ANSYS in the 4th quarter worth about $43,000. 92.39% of the stock is owned by hedge funds and other institutional investors.

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 shares were sold at an average price of $300.01, for a total transaction of $60,002.00. Following the completion of the sale, 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.46% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Rosenblatt Securities lifted their price target on ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a report on Friday, February 21st. StockNews.com cut shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

ANSYS Stock Performance

Shares of ANSYS stock traded up $1.96 on Tuesday, reaching $347.39. The stock had a trading volume of 152,816 shares, compared to its average volume of 487,616. 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 business's 50-day moving average price is $315.20 and its two-hundred day moving average price is $331.95. The stock has a market cap of $30.54 billion, a P/E ratio of 53.04, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two week high of $363.03.

ANSYS (NASDAQ:ANSS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The software maker reported $1.64 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $516.81 million. During the same period in the prior year, the firm earned $1.39 earnings per share. The business's quarterly revenue was up 8.2% on a year-over-year basis. On average, sell-side analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current 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.