Vontobel Holding Ltd. Buys 21,993 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Vontobel Holding Ltd. raised its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 7.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 323,592 shares of the software maker's stock after acquiring an additional 21,993 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.37% of ANSYS worth $117,425,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Lindbrook Capital LLC lifted its stake in ANSYS by 18.1% in the third quarter. Lindbrook Capital LLC now owns 241 shares of the software maker's stock valued at $72,000 after acquiring an additional 37 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of ANSYS by 11.7% during the 3rd quarter. IFP Advisors Inc now owns 363 shares of the software maker's stock worth $108,000 after buying an additional 38 shares during the last quarter. Koshinski Asset Management Inc. lifted its stake in shares of ANSYS by 0.8% during the 3rd quarter. Koshinski Asset Management Inc. now owns 4,866 shares of the software maker's stock worth $1,448,000 after buying an additional 39 shares during the last quarter. Williams Jones Wealth Management LLC. lifted its stake in shares of ANSYS by 2.2% during the 1st quarter. Williams Jones Wealth Management LLC. now owns 1,822 shares of the software maker's stock worth $606,000 after buying an additional 39 shares during the last quarter. Finally, Perigon Wealth Management LLC lifted its stake in shares of ANSYS by 2.7% during the 3rd quarter. Perigon Wealth Management LLC now owns 1,544 shares of the software maker's stock worth $459,000 after buying an additional 40 shares during the last quarter. Institutional investors and hedge funds own 92.39% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on ANSS. Mizuho cut their target price on shares of ANSYS from $350.00 to $330.00 and set a "neutral" rating for the company in a research note on Wednesday, January 17th. Rosenblatt Securities restated a "neutral" rating and set a $345.00 target price on shares of ANSYS in a research note on Tuesday, March 5th. Barclays lifted their price objective on shares of ANSYS from $314.00 to $340.00 and gave the stock an "underweight" rating in a research note on Thursday, February 22nd. Wolfe Research reiterated a "peer perform" rating on shares of ANSYS in a research note on Wednesday, January 17th. Finally, StockNews.com assumed coverage on shares of ANSYS in a research note on Sunday, April 7th. They issued a "hold" rating for the company. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $322.75.

ANSYS Price Performance

ANSS stock traded down $5.90 during mid-day trading on Friday, hitting $334.20. The stock had a trading volume of 658,666 shares, compared to its average volume of 435,150. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.14. ANSYS, Inc. has a 52 week low of $258.01 and a 52 week high of $364.31. The firm has a market capitalization of $29.18 billion, a P/E ratio of 58.32, a P/E/G ratio of 5.28 and a beta of 1.16. The firm has a fifty day simple moving average of $338.55 and a 200 day simple moving average of $319.51.

ANSYS (NASDAQ:ANSS - Get Free Report) last released its earnings results on Wednesday, February 21st. The software maker reported $3.94 EPS for the quarter, beating the consensus estimate of $3.71 by $0.23. ANSYS had a net margin of 22.05% and a return on equity of 11.83%. The firm had revenue of $805.10 million for the quarter, compared to analyst estimates of $797.49 million. During the same period last year, the firm earned $2.61 EPS. The business's quarterly revenue was up 15.9% compared to the same quarter last year. As a group, research analysts forecast that ANSYS, Inc. will post 7.34 EPS for the current year.

Insider Activity at ANSYS

In related news, Director Glenda Dorchak sold 150 shares of ANSYS stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $342.08, for a total transaction of $51,312.00. Following the sale, the director now directly owns 3,049 shares of the company's stock, valued at approximately $1,043,001.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.53% of the stock is currently 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.