Dassault Systemes (OTCMKTS:DASTY) Sees Large Volume Increase - Should You Buy?

Key Points

• Dassault Systemes shares saw an impressive trading volume surge of 807%, reaching 1,202,326 shares on Friday, up from just 132,630 shares in the previous session.
• Analysts have mixed views on the stock, with Wall Street Zen downgrading it from a "buy" to a "hold," while the consensus rating remains a "Buy" with two analysts giving a Strong Buy rating.
• Recent institutional activity included significant stake increases from firms like Rhumbline Advisers and Azimuth Capital, indicating growing investor interest, although institutional ownership remains low at 0.03%.

Dassault Systemes SA (OTCMKTS:DASTY - Get Free Report) shares saw strong trading volume on Friday . 1,202,326 shares changed hands during trading, an increase of 807% from the previous session's volume of 132,630 shares.The stock last traded at $34.34 and had previously closed at $34.36.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Wall Street Zen cut Dassault Systemes from a "buy" rating to a "hold" rating in a report on Sunday, September 14th. Citigroup restated a "neutral" rating on shares of Dassault Systemes in a research report on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

Dassault Systemes Trading Down 0.1%

The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.25. The firm's 50-day moving average price is $32.31 and its 200 day moving average price is $35.15. The company has a market capitalization of $46.02 billion, a P/E ratio of 37.31, a P/E/G ratio of 5.13 and a beta of 1.01.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DASTY. Rhumbline Advisers lifted its stake in Dassault Systemes by 18.9% in the 1st quarter. Rhumbline Advisers now owns 20,836 shares of the technology company's stock worth $795,000 after purchasing an additional 3,306 shares in the last quarter. Azimuth Capital Investment Management LLC raised its position in Dassault Systemes by 27.5% in the 1st quarter. Azimuth Capital Investment Management LLC now owns 120,425 shares of the technology company's stock worth $4,545,000 after purchasing an additional 25,988 shares during the period. Riverbridge Partners LLC bought a new stake in Dassault Systemes in the 1st quarter worth $206,000. Finally, Yousif Capital Management LLC grew its holdings in Dassault Systemes by 7.4% in the 2nd quarter. Yousif Capital Management LLC now owns 22,389 shares of the technology company's stock worth $808,000 after acquiring an additional 1,550 shares during the last quarter. 0.03% of the stock is owned by institutional investors.

Dassault Systemes Company Profile

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.

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