ANSYS, Inc. (NASDAQ:ANSS) Stock Holdings Boosted by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. boosted its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 8.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 36,134 shares of the software maker's stock after purchasing an additional 2,825 shares during the quarter. Asset Management One Co. Ltd.'s holdings in ANSYS were worth $11,439,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ANSS. Cambridge Investment Research Advisors Inc. raised its position in shares of ANSYS by 540.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,656 shares of the software maker's stock valued at $2,423,000 after buying an additional 6,461 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in ANSYS in the 1st quarter valued at $803,000. North Point Portfolio Managers Corp OH lifted its stake in shares of ANSYS by 0.7% during the 1st quarter. North Point Portfolio Managers Corp OH now owns 53,393 shares of the software maker's stock worth $16,902,000 after purchasing an additional 378 shares during the period. Blue Trust Inc. grew its position in shares of ANSYS by 14.5% in the first quarter. Blue Trust Inc. now owns 2,246 shares of the software maker's stock valued at $711,000 after purchasing an additional 285 shares during the period. Finally, State of Alaska Department of Revenue increased its stake in ANSYS by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 10,243 shares of the software maker's stock valued at $3,242,000 after purchasing an additional 270 shares during the last quarter. 92.39% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other ANSYS news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $300.01, for a total value of $60,002.00. Following the completion of the transaction, the director directly owned 3,230 shares in the company, valued at $969,032.30. The trade was a 5.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.61% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

ANSYS Trading Up 1.2%

NASDAQ ANSS traded up $4.03 during mid-day trading on Monday, hitting $351.22. The company's stock had a trading volume of 630,861 shares, compared to its average volume of 517,120. ANSYS, Inc. has a 52-week low of $275.06 and a 52-week high of $363.03. The stock's fifty day simple moving average is $335.32 and its two-hundred day simple moving average is $331.84. The firm has a market capitalization of $30.88 billion, a P/E ratio of 52.11, a price-to-earnings-growth ratio of 3.57 and a beta of 1.19. 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 (NASDAQ:ANSS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share 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 business had revenue of $504.89 million for the quarter, compared to analysts' expectations of $516.81 million. During the same period last year, the company posted $1.39 earnings per share. The firm's revenue for the quarter was up 8.2% on a year-over-year basis. Research analysts expect that ANSYS, Inc. will post 8.32 EPS for the current 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.