Quantinno Capital Management LP boosted its holdings in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 29.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,065 shares of the software maker's stock after buying an additional 936 shares during the quarter. Quantinno Capital Management LP's holdings in ANSYS were worth $1,371,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Merit Financial Group LLC purchased a new stake in shares of ANSYS during the 4th quarter valued at about $208,000. SG Americas Securities LLC increased its position in shares of ANSYS by 26.1% during the 4th quarter. SG Americas Securities LLC now owns 11,161 shares of the software maker's stock valued at $3,765,000 after purchasing an additional 2,307 shares during the last quarter. Mutual Advisors LLC purchased a new stake in shares of ANSYS during the 4th quarter valued at about $215,000. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of ANSYS by 2,593.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,616 shares of the software maker's stock valued at $545,000 after purchasing an additional 1,556 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC purchased a new stake in shares of ANSYS during the 4th quarter valued at about $201,000. Hedge funds and other institutional investors own 92.39% of the company's stock.
ANSYS Stock Performance
Shares of NASDAQ ANSS opened at $343.65 on Friday. The firm has a fifty day moving average price of $318.99 and a 200-day moving average price of $332.99. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01. The stock has a market cap of $30.21 billion, a PE ratio of 52.47, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21. ANSYS, Inc. has a 1 year low of $275.06 and a 1 year high of $363.03.
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 analysts' expectations of $516.81 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The business's revenue for the quarter was up 8.2% on a year-over-year basis. During the same period last year, the company earned $1.39 earnings per share. Equities analysts anticipate that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.
Insider Transactions at ANSYS
In other news, Director Glenda Dorchak sold 200 shares of the stock in a transaction 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 $969,032.30. This represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.61% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on ANSS. Wall Street Zen lowered shares of ANSYS from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Rosenblatt Securities upped their price target on shares of ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research report on Friday, February 21st.
Read Our Latest Research Report on ANSS
About ANSYS
(
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.
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