Lighthouse Investment Partners LLC grew its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 400.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,017 shares of the software maker's stock after acquiring an additional 18,419 shares during the period. Lighthouse Investment Partners LLC's holdings in ANSYS were worth $7,764,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in ANSS. Wealth Enhancement Advisory Services LLC boosted its stake in ANSYS by 2.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,219 shares of the software maker's stock valued at $1,026,000 after purchasing an additional 72 shares during the period. Graypoint LLC bought a new stake in shares of ANSYS in the fourth quarter valued at about $214,000. Czech National Bank boosted its position in shares of ANSYS by 6.5% in the fourth quarter. Czech National Bank now owns 18,961 shares of the software maker's stock valued at $6,396,000 after acquiring an additional 1,160 shares during the period. Wedmont Private Capital grew its stake in shares of ANSYS by 1.8% in the fourth quarter. Wedmont Private Capital now owns 2,215 shares of the software maker's stock valued at $748,000 after acquiring an additional 39 shares in the last quarter. Finally, FNY Investment Advisers LLC raised its stake in ANSYS by 78.7% in the 4th quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker's stock worth $2,036,000 after purchasing an additional 2,659 shares in the last quarter. Institutional investors own 92.39% of the company's stock.
Insider Buying and Selling
In other news, Director Glenda Dorchak sold 200 shares of the company's stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $300.01, for a total value of $60,002.00. Following the completion of the transaction, the director now owns 3,230 shares of the company's stock, valued at $969,032.30. This represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.61% of the stock is currently owned by corporate insiders.
ANSYS Price Performance
Shares of ANSYS stock traded up $3.11 on Friday, reaching $346.63. 698,889 shares of the stock were exchanged, compared to its average volume of 492,563. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. The firm has a market cap of $30.47 billion, a PE ratio of 52.92, a P/E/G ratio of 3.48 and a beta of 1.21. The firm's 50 day moving average is $316.58 and its 200-day moving average is $332.32. ANSYS, Inc. has a one year low of $275.06 and a one year high of $363.03.
ANSYS (NASDAQ:ANSS - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software maker reported $1.64 EPS for the quarter, missing analysts' consensus estimates of $1.75 by ($0.11). The company had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The firm's revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company posted $1.39 EPS. As a group, analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
ANSS has been the topic of a number of analyst reports. Rosenblatt Securities increased 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. StockNews.com downgraded ANSYS from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th.
Read Our Latest 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.
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