ANSYS, Inc. (NASDAQ:ANSS) Shares Purchased by FNY Investment Advisers LLC

FNY Investment Advisers LLC lifted its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 25.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,550 shares of the software maker's stock after acquiring an additional 1,513 shares during the quarter. ANSYS accounts for approximately 1.5% of FNY Investment Advisers LLC's holdings, making the stock its 12th largest position. FNY Investment Advisers LLC's holdings in ANSYS were worth $2,390,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. NBC Securities Inc. acquired a new position in ANSYS in the first quarter worth $31,000. Quarry LP lifted its position in shares of 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 buying an additional 93 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 buying an additional 103 shares during the period. Millstone Evans Group LLC bought a new stake in shares of ANSYS during the 4th quarter valued at about $42,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in ANSYS during the fourth quarter worth about $43,000. 92.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ANSS has been the subject of a number of research reports. Rosenblatt Securities lifted their target price 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 lowered ANSYS from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th.

ANSYS Stock Performance

ANSYS stock traded up $0.96 during midday trading on Monday, reaching $338.97. 640,239 shares of the stock traded hands, compared to its average volume of 525,767. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two week high of $363.03. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. The firm has a market cap of $29.80 billion, a price-to-earnings ratio of 51.75, a PEG ratio of 3.48 and a beta of 1.19. The firm has a fifty day moving average price of $326.69 and a two-hundred day moving average price of $332.34.

ANSYS (NASDAQ:ANSS - Get Free Report) last posted 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 net margin of 22.62% and a return on equity of 12.69%. The business 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 business earned $1.39 earnings per share. The firm's revenue was up 8.2% compared to the same quarter last year. On average, equities research analysts forecast that ANSYS, Inc. will post 8.32 earnings per share for the current year.

Insider Activity at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the company's stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $300.01, for a total value of $60,002.00. Following the completion of the sale, the director now directly owns 3,230 shares of the company's stock, valued at approximately $969,032.30. This represents a 5.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.61% of the stock is currently owned by insiders.

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.