China Universal Asset Management Co. Ltd. Buys 742 Shares of ANSYS, Inc. (NASDAQ:ANSS)

China Universal Asset Management Co. Ltd. increased its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 52.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,165 shares of the software maker's stock after buying an additional 742 shares during the period. China Universal Asset Management Co. Ltd.'s holdings in ANSYS were worth $685,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ANSS. NBC Securities Inc. bought a new position in shares of ANSYS during the 1st quarter valued at about $31,000. Quarry LP boosted its holdings in shares of ANSYS by 1,550.0% during the 4th quarter. Quarry LP now owns 99 shares of the software maker's stock valued at $33,000 after purchasing an additional 93 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of 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 bought a new position in shares of ANSYS during the 4th quarter valued at about $42,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in shares of ANSYS during the 4th quarter valued at about $43,000. Institutional investors own 92.39% of the company's stock.

ANSYS Price Performance

Shares of NASDAQ ANSS remained flat at $374.52 during mid-day trading on Friday. 1,090,743 shares of the stock traded hands, compared to its average volume of 530,263. The business has a 50-day moving average of $343.81 and a 200-day moving average of $333.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.66 and a quick ratio of 3.66. The company has a market capitalization of $32.93 billion, a P/E ratio of 55.57, a P/E/G ratio of 3.85 and a beta of 1.19. ANSYS, Inc. has a 52-week low of $275.06 and a 52-week high of $380.07.

ANSYS (NASDAQ:ANSS - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $504.89 million during the quarter, compared to analysts' expectations of $516.81 million. During the same period last year, the company earned $1.39 earnings per share. The business's revenue for the quarter was up 8.2% compared to the same quarter last year. Equities analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the company'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 directly owned 3,230 shares in the company, valued at $969,032.30. This represents a 5.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is owned by company insiders.

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.