ANSYS, Inc. (NASDAQ:ANSS) Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its position in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 1,462.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,784 shares of the software maker's stock after acquiring an additional 11,966 shares during the quarter. Teacher Retirement System of Texas' holdings in ANSYS were worth $4,047,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. NBC Securities Inc. acquired a new position in ANSYS during the first quarter worth about $31,000. Quarry LP grew its position in ANSYS by 1,550.0% during the fourth quarter. Quarry LP now owns 99 shares of the software maker's stock worth $33,000 after buying an additional 93 shares during the period. Assetmark Inc. lifted its holdings in shares of ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker's stock valued at $42,000 after purchasing an additional 103 shares in the last quarter. Millstone Evans Group LLC purchased a new stake in shares of ANSYS in the fourth quarter valued at about $42,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in shares of ANSYS in the fourth quarter valued at about $43,000. 92.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the 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 transaction, the director owned 3,230 shares of the company's stock, valued at $969,032.30. This trade represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.61% of the company's stock.

ANSYS Trading Up 0.3%

Shares of ANSS traded up $1.26 on Wednesday, hitting $368.16. 14,184 shares of the stock traded hands, compared to its average volume of 520,413. The company has a quick ratio of 3.66, a current ratio of 3.66 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $32.37 billion, a P/E ratio of 54.67, a P/E/G ratio of 3.73 and a beta of 1.19. The stock's 50 day moving average is $340.90 and its two-hundred day moving average is $332.82. ANSYS, Inc. has a 1 year low of $275.06 and a 1 year high of $368.92.

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 the consensus estimate of $1.75 by ($0.11). The firm had revenue of $504.89 million for the quarter, compared to analysts' expectations of $516.81 million. ANSYS had a net margin of 22.95% and a return on equity of 12.38%. The business's quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.39 EPS. As a group, sell-side analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

ANSYS Company 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.