ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its position in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 205,672 shares of the software maker's stock after selling 2,141 shares during the period. Dimensional Fund Advisors LP owned about 0.24% of ANSYS worth $69,382,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in ANSS. FNY Investment Advisers LLC boosted its holdings in ANSYS by 78.7% in the fourth quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker's stock worth $2,036,000 after purchasing an additional 2,659 shares during the period. JPMorgan Chase & Co. grew its position in shares of ANSYS by 34.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker's stock valued at $123,217,000 after buying an additional 100,042 shares during the last quarter. Oak Thistle LLC acquired a new stake in ANSYS during the fourth quarter worth about $255,000. Ulland Investment Advisors LLC lifted its holdings in ANSYS by 107.6% in the fourth quarter. Ulland Investment Advisors LLC now owns 2,635 shares of the software maker's stock worth $889,000 after acquiring an additional 1,366 shares during the last quarter. Finally, CCLA Investment Management boosted its stake in ANSYS by 11.9% in the fourth quarter. CCLA Investment Management now owns 445,891 shares of the software maker's stock valued at $150,381,000 after acquiring an additional 47,331 shares during the period. Institutional investors and hedge funds own 92.39% of the company's stock.

ANSYS Stock Performance

Shares of NASDAQ ANSS traded down $2.99 during midday trading on Tuesday, hitting $321.90. 58,599 shares of the company's stock were exchanged, compared to its average volume of 483,222. 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 firm has a market cap of $28.30 billion, a P/E ratio of 49.23, a PEG ratio of 3.48 and a beta of 1.21. The stock's 50 day moving average price is $314.76 and its 200-day moving average price is $331.64.

ANSYS (NASDAQ:ANSS - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.11). The business had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The company's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.39 EPS. Equities research analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current year.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of ANSYS 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 directly owns 3,230 shares of the company's stock, valued at $969,032.30. The trade was a 5.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Rosenblatt Securities increased their price target 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 cut ANSYS from a "buy" rating to a "hold" rating in a research note on Monday, April 28th.

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.