ANSYS, Inc. (NASDAQ:ANSS) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 13.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 865,756 shares of the software maker's stock after purchasing an additional 100,779 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.99% of ANSYS worth $292,045,000 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. Ameliora Wealth Management Ltd. acquired a new position in shares of ANSYS in the fourth quarter valued at approximately $27,000. Quarry LP raised its holdings in ANSYS by 1,550.0% in the 4th quarter. Quarry LP now owns 99 shares of the software maker's stock valued at $33,000 after acquiring an additional 93 shares during the last quarter. Assetmark Inc. raised its holdings in ANSYS by 468.2% in the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker's stock valued at $42,000 after acquiring an additional 103 shares during the last quarter. Millstone Evans Group LLC purchased a new position in shares of ANSYS during the 4th quarter worth $42,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of ANSYS during the fourth quarter worth $43,000. 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 shares were sold at an average price of $300.01, for a total transaction of $60,002.00. Following the transaction, the director now directly owns 3,230 shares of the company's stock, valued at $969,032.30. The trade was a 5.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.61% of the stock is currently owned by insiders.

Analyst Ratings Changes

ANSS has been the subject of several analyst reports. StockNews.com lowered ANSYS from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Rosenblatt Securities upped 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 Stock Performance

NASDAQ:ANSS opened at $343.00 on Thursday. The company has a market cap of $30.16 billion, a P/E ratio of 52.37, a P/E/G ratio of 3.48 and a beta of 1.21. The firm's 50 day moving average is $318.61 and its two-hundred day moving average is $332.86. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two 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.

ANSYS (NASDAQ:ANSS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share 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 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 business posted $1.39 earnings per share. The company's quarterly revenue was up 8.2% compared to the same quarter last year. Analysts expect that ANSYS, Inc. will post 8.32 EPS for the current year.

ANSYS Company 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.

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