DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Acquires 4,526 Shares of ANSYS, Inc. (NASDAQ:ANSS)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 48.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,940 shares of the software maker's stock after buying an additional 4,526 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in ANSYS were worth $4,702,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ANSS. Ameliora Wealth Management Ltd. acquired a new position in shares of ANSYS during the fourth quarter worth approximately $27,000. Quarry LP increased its position in ANSYS by 1,550.0% during the fourth quarter. Quarry LP now owns 99 shares of the software maker's stock worth $33,000 after acquiring an additional 93 shares during the period. Assetmark Inc. raised its stake in 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 purchasing an additional 103 shares during the last quarter. Millstone Evans Group LLC acquired a new position in ANSYS during the 4th quarter valued at $42,000. Finally, Kapitalo Investimentos Ltda bought a new stake in ANSYS in the 4th quarter valued at $43,000. 92.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ANSS shares. StockNews.com cut ANSYS from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Rosenblatt Securities raised their price objective on shares of ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a report on Friday, February 21st.

Insiders Place Their Bets

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the firm's stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $300.01, for a total value 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. This trade represents a 5.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.46% of the company's stock.

ANSYS Trading Up 0.5%

Shares of ANSYS stock traded up $1.65 during trading on Tuesday, reaching $347.08. 534,089 shares of the company were exchanged, compared to its average volume of 490,024. The firm has a market capitalization of $30.51 billion, a price-to-earnings ratio of 52.99, a P/E/G ratio of 3.48 and a beta of 1.21. ANSYS, Inc. has a twelve month low of $275.06 and a twelve month high of $363.03. The business has a 50-day moving average price of $315.20 and a 200-day moving average price of $331.95. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12.

ANSYS (NASDAQ:ANSS - Get Free Report) last posted its quarterly earnings data 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 net margin of 22.62% and a return on equity of 12.69%. The company 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 posted $1.39 earnings per share. The company's revenue was up 8.2% compared to the same quarter last year. Sell-side analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

ANSYS Company 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.