Maven Securities LTD Has $2.36 Million Stock Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Maven Securities LTD boosted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 556.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,000 shares of the software maker's stock after acquiring an additional 5,933 shares during the quarter. Maven Securities LTD's holdings in ANSYS were worth $2,361,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ANSS. Capital Research Global Investors acquired a new stake in shares of ANSYS in the 4th quarter valued at $695,129,000. Norges Bank bought a new position in shares of ANSYS during the fourth quarter worth $615,566,000. FIL Ltd raised its holdings in shares of ANSYS by 32.5% in the fourth quarter. FIL Ltd now owns 2,086,177 shares of the software maker's stock valued at $703,730,000 after purchasing an additional 511,557 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in ANSYS during the fourth quarter valued at approximately $119,140,000. Finally, Northern Trust Corp increased its position in ANSYS by 14.9% during the fourth quarter. Northern Trust Corp now owns 1,043,975 shares of the software maker's stock worth $352,164,000 after buying an additional 135,400 shares during the last quarter. Institutional investors and hedge funds own 92.39% of the company's stock.

ANSYS Price Performance

Shares of NASDAQ ANSS opened at $345.43 on Tuesday. The stock has a fifty day moving average of $315.20 and a 200-day moving average of $331.95. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two week high of $363.03. The stock has a market cap of $30.37 billion, a PE ratio of 52.74, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21.

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 the consensus estimate 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 for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the company posted $1.39 earnings per share. Equities research analysts anticipate that ANSYS, Inc. will post 8.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ANSS. Rosenblatt Securities increased their price target on ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a report on Friday, February 21st. StockNews.com downgraded ANSYS from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

Insider Activity at ANSYS

In other ANSYS 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 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 $969,032.30. This represents a 5.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.46% of the stock is currently owned by company insiders.

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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