ANSYS, Inc. (NASDAQ:ANSS) Shares Bought by Lbp Am Sa

LBP AM SA raised its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 12.7% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 22,048 shares of the software maker's stock after purchasing an additional 2,487 shares during the period. LBP AM SA's holdings in ANSYS were worth $6,980,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Linden Thomas Advisory Services LLC lifted its holdings in ANSYS by 1.7% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 6,602 shares of the software maker's stock valued at $2,090,000 after purchasing an additional 108 shares in the last quarter. Personal CFO Solutions LLC increased its stake in shares of ANSYS by 2.8% in the 1st quarter. Personal CFO Solutions LLC now owns 1,410 shares of the software maker's stock worth $446,000 after acquiring an additional 38 shares during the last quarter. Brown Advisory Inc. increased its stake in shares of ANSYS by 17.3% in the 1st quarter. Brown Advisory Inc. now owns 23,106 shares of the software maker's stock worth $7,314,000 after acquiring an additional 3,411 shares during the last quarter. China Universal Asset Management Co. Ltd. increased its stake in shares of ANSYS by 52.1% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 2,165 shares of the software maker's stock worth $685,000 after acquiring an additional 742 shares during the last quarter. Finally, Beverly Hills Private Wealth LLC increased its stake in shares of ANSYS by 3.7% in the 1st quarter. Beverly Hills Private Wealth LLC now owns 1,084 shares of the software maker's stock worth $343,000 after acquiring an additional 39 shares during the last quarter. Hedge funds and other institutional investors own 92.39% of the company's stock.

Wall Street Analysts Forecast Growth

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

ANSYS Price Performance

Shares of NASDAQ:ANSS remained flat at $374.52 during midday trading on Friday. The company had a trading volume of 1,090,743 shares, compared to its average volume of 530,263. The stock has a fifty day moving average price of $343.81 and a 200 day moving average price of $333.40. The company has a current ratio of 3.66, a quick ratio of 3.66 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $32.93 billion, a PE ratio of 55.57, a price-to-earnings-growth ratio of 3.85 and a beta of 1.19. ANSYS, Inc. has a 1 year low of $275.06 and a 1 year high of $380.07.

ANSYS (NASDAQ:ANSS - Get Free Report) last issued its quarterly earnings data 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). The business had revenue of $504.89 million for the quarter, compared to analyst estimates of $516.81 million. ANSYS had a return on equity of 12.38% and a net margin of 22.95%. The firm's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.39 earnings per share. Equities research analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Glenda Dorchak sold 200 shares of the firm's stock in a transaction dated 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 sale, the director directly owned 3,230 shares of the company's stock, valued at approximately $969,032.30. This trade represents a 5.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.61% of the company's stock.

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.