IFM Investors Pty Ltd Acquires 1,812 Shares of ANSYS, Inc. (NASDAQ:ANSS)

IFM Investors Pty Ltd boosted its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 11.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,003 shares of the software maker's stock after purchasing an additional 1,812 shares during the period. IFM Investors Pty Ltd's holdings in ANSYS were worth $5,736,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quarry LP increased its holdings in ANSYS by 1,550.0% in the 4th quarter. Quarry LP now owns 99 shares of the software maker's stock worth $33,000 after purchasing an additional 93 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of ANSYS in the first quarter valued at about $31,000. Assetmark Inc. increased its stake in shares of ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker's stock valued at $42,000 after buying an additional 103 shares during the period. Millstone Evans Group LLC acquired a new stake in shares of ANSYS in the fourth quarter valued at about $42,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of ANSYS in the fourth quarter valued at about $43,000. Institutional investors and hedge funds own 92.39% of the company's stock.

Insider Transactions at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $300.01, for a total value of $60,002.00. Following the transaction, the director 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.61% of the company's stock.

ANSYS Trading Up 0.3%

NASDAQ ANSS traded up $1.09 during trading hours on Tuesday, hitting $364.18. 153,455 shares of the company's stock were exchanged, compared to its average volume of 612,728. The stock has a 50-day simple moving average of $339.95 and a 200 day simple moving average of $332.58. ANSYS, Inc. has a 1-year low of $275.06 and a 1-year high of $368.00. The firm has a market cap of $32.02 billion, a price-to-earnings ratio of 54.03, a PEG ratio of 3.78 and a beta of 1.19. The company has a current ratio of 3.66, a quick ratio of 3.66 and a debt-to-equity ratio of 0.12.

ANSYS (NASDAQ:ANSS - Get Free Report) last released 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 business had revenue of $504.89 million for the quarter, compared to analyst estimates of $516.81 million. During the same period in the prior year, the business earned $1.39 EPS. The company's revenue for the quarter was up 8.2% on a year-over-year basis. On average, equities analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.