Stephens Investment Management Group LLC Buys 2,468 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Stephens Investment Management Group LLC boosted its stake in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 3.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,804 shares of the software maker's stock after acquiring an additional 2,468 shares during the quarter. Stephens Investment Management Group LLC owned 0.09% of ANSYS worth $23,680,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Ballentine Partners LLC lifted its position in ANSYS by 24.0% in the 1st quarter. Ballentine Partners LLC now owns 1,565 shares of the software maker's stock valued at $495,000 after acquiring an additional 303 shares in the last quarter. Xponance Inc. increased its stake in ANSYS by 1.9% in the 1st quarter. Xponance Inc. now owns 12,177 shares of the software maker's stock valued at $3,855,000 after buying an additional 223 shares during the last quarter. WESPAC Advisors LLC acquired a new stake in ANSYS in the 1st quarter valued at $231,000. Cerity Partners LLC increased its stake in ANSYS by 7.0% in the 1st quarter. Cerity Partners LLC now owns 36,397 shares of the software maker's stock valued at $11,522,000 after buying an additional 2,393 shares during the last quarter. Finally, Hunter Associates Investment Management LLC increased its stake in ANSYS by 1.0% in the 1st quarter. Hunter Associates Investment Management LLC now owns 10,534 shares of the software maker's stock valued at $3,333,000 after buying an additional 100 shares during the last quarter. 92.39% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

ANSYS Price Performance

Shares of ANSS stock opened at $374.52 on Monday. The company has a current ratio of 3.66, a quick ratio of 3.66 and a debt-to-equity ratio of 0.12. ANSYS, Inc. has a 1 year low of $275.06 and a 1 year high of $382.51. The firm's fifty day moving average price is $343.81 and its two-hundred day moving average price is $333.40. The firm has a market capitalization of $32.93 billion, a P/E ratio of 55.57, a PEG ratio of 3.85 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 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.11). The firm had revenue of $504.89 million for the quarter, compared to analyst estimates of $516.81 million. ANSYS had a return on equity of 12.38% and a net margin of 22.95%. The firm's revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 earnings per share. On average, equities analysts predict 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.

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