ANSYS, Inc. (NASDAQ:ANSS) Holdings Lifted by Vident Advisory LLC

Vident Advisory LLC raised its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 47.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,363 shares of the software maker's stock after acquiring an additional 1,086 shares during the quarter. Vident Advisory LLC's holdings in ANSYS were worth $1,135,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ANSS. Capital Research Global Investors purchased a new stake in ANSYS during the fourth quarter worth approximately $695,129,000. Norges Bank acquired a new position in ANSYS during the fourth quarter worth approximately $615,566,000. FIL Ltd increased its position in ANSYS by 32.5% during the fourth quarter. FIL Ltd now owns 2,086,177 shares of the software maker's stock worth $703,730,000 after buying an additional 511,557 shares during the period. Proficio Capital Partners LLC acquired a new position in ANSYS during the fourth quarter worth approximately $119,140,000. Finally, Raiffeisen Bank International AG acquired a new position in ANSYS during the fourth quarter worth approximately $48,253,000. Hedge funds and other institutional investors own 92.39% of the company's stock.

ANSYS Stock Down 0.2%

NASDAQ ANSS traded down $0.72 during mid-day trading on Thursday, reaching $329.21. 440,143 shares of the company's stock traded hands, compared to its average volume of 503,377. The company has a market cap of $28.94 billion, a price-to-earnings ratio of 50.22, a P/E/G ratio of 3.48 and a beta of 1.21. The company has a fifty day simple moving average of $320.32 and a 200-day simple moving average of $333.04. 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 1-year low of $275.06 and a 1-year high of $363.03.

ANSYS (NASDAQ:ANSS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The software maker reported $1.64 EPS for the quarter, missing the consensus estimate 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 return on equity of 12.69% and a net margin of 22.62%. ANSYS's revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.39 EPS. As a group, equities research analysts expect that ANSYS, Inc. will post 8.32 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ANSS. Wall Street Zen lowered ANSYS from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th. Rosenblatt Securities upped their price objective on ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research report on Friday, February 21st.

Insider Buying and Selling

In other news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction on Monday, April 14th. The stock was sold at an average price of $300.01, for a total transaction of $60,002.00. Following the transaction, the director now directly owns 3,230 shares in the company, valued at approximately $969,032.30. This trade represents a 5.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.61% of the company's stock.

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.