D1 Capital Partners L.P. Acquires 19,000 Shares of ANSYS, Inc. (NASDAQ:ANSS)

D1 Capital Partners L.P. grew its stake in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 8.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 249,189 shares of the software maker's stock after purchasing an additional 19,000 shares during the quarter. ANSYS makes up approximately 1.4% of D1 Capital Partners L.P.'s investment portfolio, making the stock its 27th largest holding. D1 Capital Partners L.P. owned approximately 0.28% of ANSYS worth $84,059,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ANSS. Stock Yards Bank & Trust Co. increased its position in ANSYS by 1.3% during the fourth quarter. Stock Yards Bank & Trust Co. now owns 2,275 shares of the software maker's stock worth $767,000 after acquiring an additional 30 shares during the period. Greenleaf Trust increased its position in ANSYS by 0.9% during the fourth quarter. Greenleaf Trust now owns 3,651 shares of the software maker's stock worth $1,232,000 after acquiring an additional 32 shares during the period. Koshinski Asset Management Inc. increased its position in ANSYS by 0.8% during the fourth quarter. Koshinski Asset Management Inc. now owns 4,367 shares of the software maker's stock worth $1,473,000 after acquiring an additional 34 shares during the period. Meiji Yasuda Asset Management Co Ltd. increased its position in ANSYS by 2.8% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,298 shares of the software maker's stock worth $438,000 after acquiring an additional 35 shares during the period. Finally, BTC Capital Management Inc. grew its stake in ANSYS by 2.5% during the fourth quarter. BTC Capital Management Inc. now owns 1,499 shares of the software maker's stock worth $506,000 after buying an additional 36 shares in the last quarter. 92.39% of the stock is owned by institutional investors.

ANSYS Price Performance

ANSS stock traded down $0.09 during trading on Tuesday, reaching $317.91. 228,166 shares of the company were exchanged, compared to its average volume of 482,158. ANSYS, Inc. has a twelve month low of $275.06 and a twelve month high of $363.03. 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 company has a market capitalization of $27.87 billion, a price-to-earnings ratio of 48.56, a P/E/G ratio of 3.48 and a beta of 1.20. The company has a 50-day moving average of $315.87 and a two-hundred day moving average of $331.83.

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

Insiders Place Their Bets

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the business's stock in a transaction 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 sale, the director now owns 3,230 shares of the company's stock, 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 filing with the SEC, which can be accessed through the SEC website. Insiders own 0.46% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ANSS shares. StockNews.com downgraded shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Monday. Rosenblatt Securities increased their price objective on shares of ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a research note on Friday, February 21st.

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.