SG Americas Securities LLC boosted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 111.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,603 shares of the software maker's stock after buying an additional 12,442 shares during the period. SG Americas Securities LLC's holdings in ANSYS were worth $7,472,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in shares of ANSYS by 48.2% in the first quarter. GAMMA Investing LLC now owns 2,298 shares of the software maker's stock valued at $727,000 after purchasing an additional 747 shares during the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of ANSYS by 103.1% in the first quarter. Harbor Capital Advisors Inc. now owns 2,053 shares of the software maker's stock valued at $650,000 after purchasing an additional 1,042 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of ANSYS by 1,596.8% in the first quarter. Farther Finance Advisors LLC now owns 5,803 shares of the software maker's stock valued at $1,862,000 after purchasing an additional 5,461 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of ANSYS by 87.6% in the first quarter. UMB Bank n.a. now owns 452 shares of the software maker's stock valued at $143,000 after purchasing an additional 211 shares during the last quarter. Finally, Wedmont Private Capital raised its holdings in shares of ANSYS by 5.1% in the first quarter. Wedmont Private Capital now owns 2,329 shares of the software maker's stock valued at $690,000 after purchasing an additional 114 shares during the last quarter. Institutional investors and hedge funds own 92.39% of the company's stock.
Insider Buying and Selling at ANSYS
In other ANSYS news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $300.01, for a total transaction of $60,002.00. Following the completion of the sale, the director now directly owns 3,230 shares in the company, valued at $969,032.30. The trade was a 5.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.61% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the stock. 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 increased 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.
Check Out Our Latest Analysis on ANSS
ANSYS Price Performance
Shares of ANSS stock traded down $5.49 during trading hours on Friday, reaching $338.01. The stock had a trading volume of 428,330 shares, compared to its average volume of 525,308. The stock's fifty day simple moving average is $326.69 and its 200 day simple moving average is $332.45. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. ANSYS, Inc. has a 12 month low of $275.06 and a 12 month high of $363.03. The firm has a market capitalization of $29.72 billion, a PE ratio of 51.60, a PEG ratio of 3.48 and a beta of 1.19.
ANSYS (NASDAQ:ANSS - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The software maker reported $1.64 EPS for the quarter, missing analysts' consensus estimates of $1.75 by ($0.11). ANSYS had a net margin of 22.62% and a return on equity of 12.69%. The firm had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. During the same quarter last year, the business posted $1.39 earnings per share. ANSYS's revenue was up 8.2% compared to the same quarter last year. On average, equities research analysts predict that ANSYS, Inc. will post 8.32 EPS for the current year.
ANSYS Profile
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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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