DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Grows Stock Holdings in ANSYS, Inc. (NASDAQ:ANSS)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 48.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,940 shares of the software maker's stock after purchasing 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 have also added to or reduced their stakes in the stock. EP Wealth Advisors LLC raised its holdings in ANSYS by 22.3% in the 4th quarter. EP Wealth Advisors LLC now owns 942 shares of the software maker's stock worth $318,000 after purchasing an additional 172 shares in the last quarter. Concentric Capital Strategies LP bought a new position in shares of ANSYS during the fourth quarter valued at approximately $4,754,000. Cubist Systematic Strategies LLC increased its stake in shares of ANSYS by 227.2% during the fourth quarter. Cubist Systematic Strategies LLC now owns 5,563 shares of the software maker's stock valued at $1,877,000 after purchasing an additional 3,863 shares in the last quarter. Centiva Capital LP increased its stake in shares of ANSYS by 13.5% during the fourth quarter. Centiva Capital LP now owns 4,541 shares of the software maker's stock valued at $1,532,000 after purchasing an additional 541 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new position in shares of ANSYS during the fourth quarter valued at approximately $598,000. 92.39% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Glenda Dorchak sold 200 shares of ANSYS 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 transaction, the director now owns 3,230 shares in the company, valued at approximately $969,032.30. The trade was a 5.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.61% of the stock is currently owned by insiders.

ANSYS Stock Performance

Shares of NASDAQ ANSS traded up $0.20 during trading on Thursday, reaching $348.07. 227,806 shares of the company traded hands, compared to its average volume of 489,663. ANSYS, Inc. has a 52-week low of $275.06 and a 52-week high of $363.03. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. The firm has a 50 day simple moving average of $316.09 and a 200-day simple moving average of $332.16. The stock has a market capitalization of $30.60 billion, a PE ratio of 53.21, a P/E/G ratio of 3.48 and a beta of 1.21.

ANSYS (NASDAQ:ANSS - Get Free Report) last issued its 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). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The company had revenue of $504.89 million during the quarter, compared to analysts' expectations of $516.81 million. During the same quarter in the prior year, the business posted $1.39 EPS. The company's revenue for the quarter was up 8.2% compared to the same quarter last year. Equities research analysts anticipate that ANSYS, Inc. will post 8.32 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. StockNews.com downgraded shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Rosenblatt Securities raised their price objective on shares of ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research note 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.