Mufg Securities Americas Inc. Makes New Investment in ANSYS, Inc. (NASDAQ:ANSS)

Mufg Securities Americas Inc. purchased a new position in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,291 shares of the software maker's stock, valued at approximately $435,000.

Other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its position in shares of ANSYS by 2.3% in the fourth 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 last quarter. Signal Advisors Wealth LLC lifted its stake in shares of ANSYS by 12.2% during the fourth quarter. Signal Advisors Wealth LLC now owns 1,143 shares of the software maker's stock valued at $385,000 after buying an additional 124 shares during the period. Oak Thistle LLC purchased a new position in ANSYS during the fourth quarter worth approximately $255,000. Park Avenue Securities LLC raised its stake in ANSYS by 19.7% during the fourth quarter. Park Avenue Securities LLC now owns 5,261 shares of the software maker's stock worth $1,775,000 after purchasing an additional 865 shares during the period. Finally, Mirador Capital Partners LP raised its stake in ANSYS by 1.9% during the fourth quarter. Mirador Capital Partners LP now owns 1,957 shares of the software maker's stock worth $660,000 after purchasing an additional 37 shares during the period. 92.39% of the stock is currently owned by institutional investors and hedge funds.

ANSYS Stock Down 0.8%

ANSS stock traded down $2.65 during mid-day trading on Monday, hitting $343.98. 771,102 shares of the company were exchanged, compared to its average volume of 494,535. 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 1-year low of $275.06 and a 1-year high of $363.03. The firm has a market cap of $30.24 billion, a P/E ratio of 52.52, a P/E/G ratio of 3.48 and a beta of 1.21. The firm's 50 day simple moving average is $317.11 and its 200 day simple moving average is $332.55.

ANSYS (NASDAQ:ANSS - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share for the quarter, missing analysts' consensus estimates 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 12.69% and a net margin of 22.62%. The firm's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.39 EPS. On average, sell-side analysts predict that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Rosenblatt Securities raised their price objective on shares of ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a report on Friday, February 21st. StockNews.com cut shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

Insider Transactions at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the 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 completion of the transaction, the director now owns 3,230 shares in the company, valued at approximately $969,032.30. This represents a 5.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.61% of the stock is owned by insiders.

About ANSYS

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.