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

LBP AM SA boosted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 12.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 reporting period.

Several other large investors also recently bought and sold shares of ANSS. Jones Financial Companies Lllp grew its position in ANSYS by 114.9% during the 4th quarter. Jones Financial Companies Lllp now owns 821 shares of the software maker's stock worth $277,000 after purchasing an additional 439 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of ANSYS by 6.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,773 shares of the software maker's stock valued at $598,000 after acquiring an additional 109 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of 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. Proficio Capital Partners LLC purchased a new stake in shares of ANSYS in the 4th quarter valued at $353,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of ANSYS in the 4th quarter valued at $10,408,000. Hedge funds and other institutional investors own 92.39% of the company's stock.

ANSYS Stock Performance

Shares of ANSS traded up $1.67 during trading hours on Friday, hitting $376.19. The stock had a trading volume of 687,264 shares, compared to its average volume of 527,404. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.66 and a current ratio of 3.66. The firm has a 50-day moving average price of $342.89 and a 200 day moving average price of $333.29. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two week high of $379.99. The firm has a market capitalization of $33.07 billion, a price-to-earnings ratio of 55.88, a PEG ratio of 3.77 and a beta of 1.19.

ANSYS (NASDAQ:ANSS - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.11). ANSYS had a net margin of 22.95% and a return on equity of 12.38%. The firm had revenue of $504.89 million during the quarter, compared to analyst estimates of $516.81 million. During the same quarter in the prior year, the firm earned $1.39 earnings per share. The business's revenue for the quarter was up 8.2% on a year-over-year basis. As a group, research analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of ANSYS from a "buy" rating to a "hold" rating in a 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 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 completion of the transaction, the director directly owned 3,230 shares in the company, valued at approximately $969,032.30. This represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.61% of the company's stock.

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.