111 Capital Purchases Shares of 869 ANSYS, Inc. (NASDAQ:ANSS)

111 Capital purchased a new position in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 869 shares of the software maker's stock, valued at approximately $293,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ameliora Wealth Management Ltd. bought a new position in shares of ANSYS during the 4th quarter worth $27,000. Quarry LP grew its stake in shares of ANSYS by 1,550.0% during the 4th 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. grew its stake in shares of ANSYS by 468.2% during the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker's stock worth $42,000 after acquiring an additional 103 shares during the period. Millstone Evans Group LLC bought a new position in shares of ANSYS during the 4th quarter worth $42,000. Finally, Kapitalo Investimentos Ltda bought a new position in shares of ANSYS during the 4th quarter worth $43,000. Institutional investors own 92.39% of the company's stock.

Insider Buying and Selling

In related news, Director Glenda Dorchak sold 200 shares of the 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 sale, the director now owns 3,230 shares of the company's stock, valued at approximately $969,032.30. This represents a 5.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.61% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on ANSS shares. Wall Street Zen downgraded ANSYS from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Rosenblatt Securities increased their price objective on ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a report on Friday, February 21st.

ANSYS Price Performance

ANSS traded up $2.28 during trading on Tuesday, reaching $334.89. 991,703 shares of the company were exchanged, compared to its average volume of 519,912. The company's 50-day moving average is $320.91 and its two-hundred day moving average is $332.71. The company has a market cap of $29.44 billion, a price-to-earnings ratio of 51.13, a P/E/G ratio of 3.48 and a beta of 1.21. 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, Inc. has a 12-month low of $275.06 and a 12-month high of $363.03.

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

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.