28,001 Shares in ANSYS, Inc. (NASDAQ:ANSS) Bought by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ bought a new position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 28,001 shares of the software maker's stock, valued at approximately $9,446,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ANSS. Capital Research Global Investors purchased a new position in shares of ANSYS in the 4th quarter worth approximately $695,129,000. Norges Bank purchased a new position in ANSYS during the 4th quarter valued at $615,566,000. FIL Ltd boosted its holdings in ANSYS by 32.5% during the 4th 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. Proficio Capital Partners LLC purchased a new position in ANSYS during the 4th quarter valued at $119,140,000. Finally, Raiffeisen Bank International AG purchased a new position in ANSYS during the 4th quarter valued at $48,253,000. Hedge funds and other institutional investors own 92.39% of the company's stock.

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 stock was 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 in the company, valued at approximately $969,032.30. This represents a 5.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.61% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Rosenblatt Securities boosted their price objective on ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a report on Friday, February 21st. Wall Street Zen cut ANSYS from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th.

ANSYS Stock Up 0.5%

NASDAQ ANSS traded up $1.79 on Monday, reaching $332.61. 939,512 shares of the stock traded hands, compared to its average volume of 517,954. ANSYS, Inc. has a 12 month low of $275.06 and a 12 month high of $363.03. The company has a market cap of $29.24 billion, a price-to-earnings ratio of 50.78, a PEG ratio of 3.48 and a beta of 1.21. The company has a fifty day moving average price of $320.65 and a 200-day moving average price of $332.69. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01.

ANSYS (NASDAQ:ANSS - Get Free Report) last issued 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 return on equity of 12.69% and a net margin of 22.62%. The firm had revenue of $504.89 million during the quarter, compared to analysts' expectations of $516.81 million. During the same quarter in the prior year, the company posted $1.39 earnings per share. ANSYS's quarterly revenue was up 8.2% compared to the same quarter last year. As a group, research analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

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.