Penserra Capital Management LLC lowered its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 89.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 422 shares of the software maker's stock after selling 3,522 shares during the period. Penserra Capital Management LLC's holdings in ANSYS were worth $132,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quarry LP grew its stake 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 acquiring an additional 93 shares in the last quarter. NBC Securities Inc. purchased a new stake in ANSYS in the 1st quarter valued at about $31,000. Assetmark Inc. lifted its position in shares of ANSYS by 468.2% during the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker's stock worth $42,000 after buying an additional 103 shares in the last quarter. Millstone Evans Group LLC purchased a new position in shares of ANSYS in the 4th quarter worth approximately $42,000. Finally, Kapitalo Investimentos Ltda bought a new position in shares of ANSYS in the fourth quarter valued at approximately $43,000. Institutional investors own 92.39% of the company's stock.
Analyst Ratings Changes
A number of brokerages recently commented on ANSS. Robert W. Baird set a $396.00 price target on ANSYS in a report on Monday. Baird R W downgraded shares of ANSYS from a "strong-buy" rating to a "hold" rating in a report on Monday. Finally, Wall Street Zen lowered shares of ANSYS from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th.
Read Our Latest Stock Analysis on ANSS
ANSYS Stock Performance
Shares of ANSS traded down $18.42 during mid-day trading on Wednesday, hitting $374.30. The stock had a trading volume of 18,880,889 shares, compared to its average volume of 629,883. ANSYS, Inc. has a 52 week low of $275.06 and a 52 week high of $395.49. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.66 and a quick ratio of 3.66. The business has a fifty day moving average price of $346.43 and a 200-day moving average price of $334.13. The firm has a market cap of $32.91 billion, a P/E ratio of 55.53, a PEG ratio of 3.97 and a beta of 1.19.
ANSYS (NASDAQ:ANSS - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The software maker reported $1.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.75 by ($0.11). The firm had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. ANSYS had a net margin of 22.95% and a return on equity of 12.38%. The company's revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.39 earnings per share. On average, equities research analysts expect that ANSYS, Inc. will post 8.32 EPS for the current year.
ANSYS Profile
(
Free Report)
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.
Featured Articles

Before you consider ANSYS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ANSYS wasn't on the list.
While ANSYS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.