Calamos Advisors LLC Buys 40,000 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Calamos Advisors LLC boosted its holdings in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 47.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 125,000 shares of the software maker's stock after purchasing an additional 40,000 shares during the quarter. Calamos Advisors LLC owned about 0.14% of ANSYS worth $39,570,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Meiji Yasuda Asset Management Co Ltd. increased its position in shares of ANSYS by 2.8% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,298 shares of the software maker's stock worth $438,000 after acquiring an additional 35 shares in the last quarter. Tsai Capital Corp increased its holdings in ANSYS by 0.5% during the 4th quarter. Tsai Capital Corp now owns 8,945 shares of the software maker's stock worth $3,017,000 after purchasing an additional 41 shares in the last quarter. Bessemer Group Inc. increased its holdings in ANSYS by 1.3% during the 1st quarter. Bessemer Group Inc. now owns 3,223 shares of the software maker's stock worth $1,020,000 after purchasing an additional 41 shares in the last quarter. First Manhattan CO. LLC. increased its holdings in ANSYS by 1.4% during the 4th quarter. First Manhattan CO. LLC. now owns 3,043 shares of the software maker's stock worth $1,026,000 after purchasing an additional 43 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV increased its holdings in ANSYS by 3.1% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 1,682 shares of the software maker's stock worth $532,000 after purchasing an additional 51 shares in the last quarter. 92.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

ANSYS Stock Performance

ANSS traded up $11.39 on Friday, hitting $364.60. The company's stock had a trading volume of 874,214 shares, compared to its average volume of 522,101. The company's 50 day simple moving average is $339.05 and its 200-day simple moving average is $332.42. The firm has a market cap of $32.06 billion, a P/E ratio of 54.09, a price-to-earnings-growth ratio of 3.78 and a beta of 1.19. ANSYS, Inc. has a 12 month low of $275.06 and a 12 month high of $368.00. The company has a quick ratio of 3.66, a current ratio of 3.66 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 EPS for the quarter, missing the consensus estimate of $1.75 by ($0.11). ANSYS had a return on equity of 12.38% and a net margin of 22.95%. The company had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. During the same quarter in the prior year, the business earned $1.39 EPS. The firm's revenue for the quarter was up 8.2% compared to the same quarter last year. Analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current year.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of ANSYS 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 sale, the director owned 3,230 shares of the company's stock, valued at approximately $969,032.30. This trade represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.61% of the company's stock.

ANSYS 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.