Czech National Bank lifted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 5.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,085 shares of the software maker's stock after buying an additional 1,124 shares during the quarter. Czech National Bank's holdings in ANSYS were worth $6,358,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Caprock Group LLC boosted its stake in ANSYS by 6.7% during the 4th quarter. Caprock Group LLC now owns 750 shares of the software maker's stock valued at $253,000 after acquiring an additional 47 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in shares of ANSYS by 10.9% in the 4th quarter. Chicago Partners Investment Group LLC now owns 766 shares of the software maker's stock valued at $263,000 after purchasing an additional 75 shares in the last quarter. China Universal Asset Management Co. Ltd. raised its stake in shares of ANSYS by 28.4% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 1,423 shares of the software maker's stock valued at $480,000 after purchasing an additional 315 shares in the last quarter. Greenleaf Trust lifted its position in shares of ANSYS by 0.9% during the fourth quarter. Greenleaf Trust now owns 3,651 shares of the software maker's stock worth $1,232,000 after purchasing an additional 32 shares during the last quarter. Finally, Stock Yards Bank & Trust Co. grew its stake in ANSYS by 1.3% in the fourth quarter. Stock Yards Bank & Trust Co. now owns 2,275 shares of the software maker's stock worth $767,000 after purchasing an additional 30 shares in the last quarter. Institutional investors and hedge funds own 92.39% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have issued reports on ANSS. Rosenblatt Securities upped their price objective on ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research note on Friday, February 21st. Wall Street Zen downgraded ANSYS from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th.
Get Our Latest Analysis on ANSS
ANSYS Stock Performance
Shares of ANSYS stock traded up $1.72 during trading hours on Wednesday, reaching $336.61. The company's stock had a trading volume of 596,498 shares, compared to its average volume of 520,217. ANSYS, Inc. has a one year low of $275.06 and a one year high of $363.03. The company's 50 day simple moving average is $320.91 and its 200 day simple moving average is $332.71. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. The stock has a market cap of $29.59 billion, a P/E ratio of 51.39, a price-to-earnings-growth ratio of 3.48 and a beta of 1.19.
ANSYS (NASDAQ:ANSS - Get Free Report) last issued its earnings results 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). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The business had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. During the same period in the prior year, the business earned $1.39 EPS. The business's revenue was up 8.2% on a year-over-year basis. As a group, analysts expect that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.
Insider Buying and Selling
In related news, Director Glenda Dorchak sold 200 shares of the company's stock in a transaction on Monday, April 14th. The stock was sold at an average price of $300.01, for a total transaction of $60,002.00. Following the completion of the transaction, the director now directly owns 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.61% of the company's stock.
ANSYS Company Profile
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Free Report)
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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