Siemens Fonds Invest GmbH grew its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 1,120.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,125 shares of the software maker's stock after acquiring an additional 20,312 shares during the period. Siemens Fonds Invest GmbH's holdings in ANSYS were worth $7,463,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Alpine Associates Management Inc. boosted its holdings in shares of ANSYS by 8.2% in the fourth quarter. Alpine Associates Management Inc. now owns 443,583 shares of the software maker's stock valued at $149,634,000 after acquiring an additional 33,600 shares in the last quarter. Magnetar Financial LLC boosted its holdings in ANSYS by 0.8% during the fourth quarter. Magnetar Financial LLC now owns 219,625 shares of the software maker's stock worth $74,086,000 after buying an additional 1,824 shares in the last quarter. Mizuho Securities USA LLC boosted its holdings in ANSYS by 46.3% during the fourth quarter. Mizuho Securities USA LLC now owns 8,288 shares of the software maker's stock worth $2,796,000 after buying an additional 2,621 shares in the last quarter. Prudential PLC boosted its holdings in ANSYS by 5.9% during the fourth quarter. Prudential PLC now owns 37,833 shares of the software maker's stock worth $12,762,000 after buying an additional 2,122 shares in the last quarter. Finally, OFI Invest Asset Management purchased a new stake in ANSYS during the fourth quarter worth about $1,272,000. Hedge funds and other institutional investors own 92.39% of the company's stock.
Insider Activity
In related news, Director Glenda Dorchak sold 200 shares of the company's 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 transaction, the director now owns 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.61% of the company's stock.
ANSYS Trading Up 0.6%
Shares of NASDAQ:ANSS traded up $2.06 during trading on Friday, reaching $330.80. The stock had a trading volume of 2,766,267 shares, compared to its average volume of 517,115. The business has a fifty day moving average price of $320.46 and a 200-day moving average price of $332.82. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. The stock has a market cap of $29.08 billion, a P/E ratio of 50.50, a PEG ratio of 3.48 and a beta of 1.21. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two week high of $363.03.
ANSYS (NASDAQ:ANSS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The software maker reported $1.64 earnings per share 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 analyst estimates of $516.81 million. ANSYS had a net margin of 22.62% and a return on equity of 12.69%. The business's quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 EPS. As a group, analysts anticipate that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on ANSS shares. Rosenblatt Securities lifted their target price on shares of ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a research report on Friday, February 21st. Wall Street Zen cut shares of ANSYS from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th.
Check Out Our Latest Stock Report on ANSS
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.
Further Reading
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