ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by Ownership Capital B.V.

Ownership Capital B.V. lessened its stake in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 15.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 501,497 shares of the software maker's stock after selling 93,991 shares during the period. ANSYS accounts for approximately 7.3% of Ownership Capital B.V.'s investment portfolio, making the stock its 3rd largest holding. Ownership Capital B.V. owned about 0.57% of ANSYS worth $158,754,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ANSS. Jones Financial Companies Lllp grew its stake in ANSYS by 114.9% in the fourth quarter. Jones Financial Companies Lllp now owns 821 shares of the software maker's stock valued at $277,000 after purchasing an additional 439 shares during the last quarter. Assetmark Inc. boosted its holdings in ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker's stock worth $42,000 after acquiring an additional 103 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in ANSYS in the fourth quarter worth about $353,000. Raymond James Financial Inc. acquired a new stake in ANSYS in the fourth quarter worth about $10,408,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in ANSYS by 0.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,896 shares of the software maker's stock worth $14,470,000 after acquiring an additional 192 shares in the last quarter. Hedge funds and other institutional investors own 92.39% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ANSS shares. Robert W. Baird set a $396.00 price target on ANSYS in a report on Monday. Wall Street Zen downgraded ANSYS from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th.

ANSYS Stock Up 3.0%

NASDAQ ANSS traded up $11.33 during trading on Monday, hitting $385.85. The company's stock had a trading volume of 4,584,891 shares, compared to its average volume of 546,485. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.66 and a quick ratio of 3.66. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two week high of $397.43. The company has a market cap of $33.92 billion, a PE ratio of 57.25, a P/E/G ratio of 3.85 and a beta of 1.19. The business's 50 day simple moving average is $343.81 and its 200-day simple moving average is $333.40.

ANSYS (NASDAQ:ANSS - Get Free Report) last released its earnings results on Wednesday, April 30th. The software maker reported $1.64 EPS for the quarter, missing analysts' consensus estimates of $1.75 by ($0.11). ANSYS had a return on equity of 12.38% and a net margin of 22.95%. The firm had revenue of $504.89 million for the quarter, compared to analyst estimates of $516.81 million. During the same period last year, the firm earned $1.39 EPS. The company's revenue for the quarter was up 8.2% compared to the same quarter last year. On average, equities analysts anticipate that ANSYS, Inc. will post 8.32 EPS 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.