Kintegral Advisory LLC Has $761,000 Position in ANSYS, Inc. (NASDAQ:ANSS)

Kintegral Advisory LLC lessened its position in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 32.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,403 shares of the software maker's stock after selling 1,178 shares during the quarter. Kintegral Advisory LLC's holdings in ANSYS were worth $761,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of ANSYS by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 10,643,766 shares of the software maker's stock valued at $3,590,462,000 after acquiring an additional 78,730 shares during the period. Geode Capital Management LLC lifted its stake in shares of ANSYS by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 2,363,744 shares of the software maker's stock valued at $796,033,000 after acquiring an additional 58,190 shares during the period. FIL Ltd lifted its stake in shares of ANSYS by 32.5% during the fourth quarter. FIL Ltd now owns 2,086,177 shares of the software maker's stock valued at $703,730,000 after acquiring an additional 511,557 shares during the period. Capital Research Global Investors acquired a new position in shares of ANSYS during the fourth quarter valued at $695,129,000. Finally, Norges Bank acquired a new position in shares of ANSYS during the fourth quarter valued at $615,566,000. Institutional investors and hedge funds own 92.39% of the company's stock.

Analyst Upgrades and Downgrades

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

ANSYS Trading Up 3.2%

NASDAQ:ANSS traded up $11.39 during mid-day trading on Friday, hitting $364.60. The company had a trading volume of 874,214 shares, compared to its average volume of 522,101. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two week high of $368.00. The business's fifty day moving average is $339.05 and its two-hundred day moving average is $332.42. 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 market cap of $32.06 billion, a P/E ratio of 54.09, a P/E/G ratio of 3.78 and a beta of 1.19.

ANSYS (NASDAQ:ANSS - Get Free Report) last released its earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share 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 company had revenue of $504.89 million during the quarter, compared to analyst estimates of $516.81 million. During the same period in the previous year, the company posted $1.39 EPS. The company's quarterly revenue was up 8.2% compared to the same quarter last year. As a group, research analysts expect that ANSYS, Inc. will post 8.32 earnings per share for the current year.

Insiders Place Their Bets

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the stock in a transaction dated 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 of the company's stock, valued at approximately $969,032.30. This represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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.