ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors decreased its holdings in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 31.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,091 shares of the software maker's stock after selling 1,859 shares during the period. Captrust Financial Advisors' holdings in ANSYS were worth $1,380,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in ANSS. Vanguard Group Inc. boosted its stake in ANSYS by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 10,643,766 shares of the software maker's stock valued at $3,590,462,000 after buying an additional 78,730 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of ANSYS by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 2,363,744 shares of the software maker's stock worth $796,033,000 after buying an additional 58,190 shares during the period. FIL Ltd raised its holdings in shares of ANSYS by 32.5% in the fourth quarter. FIL Ltd now owns 2,086,177 shares of the software maker's stock worth $703,730,000 after buying an additional 511,557 shares during the period. Capital Research Global Investors purchased a new stake in shares of ANSYS in the fourth quarter worth approximately $695,129,000. Finally, Norges Bank purchased a new stake in shares of ANSYS in the fourth quarter worth approximately $615,566,000. Institutional investors own 92.39% of the company's stock.

Insider Transactions at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the company's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $300.01, for a total value of $60,002.00. Following the sale, the director now owns 3,230 shares in the company, valued at $969,032.30. This represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.61% of the company's stock.

ANSYS Stock Up 0.9%

ANSS stock traded up $3.11 on Friday, hitting $346.63. 698,889 shares of the company's stock were exchanged, compared to its average volume of 493,424. ANSYS, Inc. has a 12-month low of $275.06 and a 12-month high of $363.03. The firm has a 50 day moving average price of $317.11 and a two-hundred day moving average price of $332.44. 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 stock has a market cap of $30.47 billion, a P/E ratio of 52.92, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21.

ANSYS (NASDAQ:ANSS - Get Free Report) last announced its earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share 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 for the quarter, compared to analysts' expectations of $516.81 million. During the same quarter last year, the firm earned $1.39 earnings per share. The firm's quarterly revenue was up 8.2% compared to the same quarter last year. As a group, equities research analysts expect that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

ANSYS 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.