ANSYS, Inc. (NASDAQ:ANSS) Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC boosted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 19.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 117,553 shares of the software maker's stock after purchasing an additional 19,029 shares during the period. ProShare Advisors LLC owned about 0.13% of ANSYS worth $39,654,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the company. Ameliora Wealth Management Ltd. purchased a new stake in shares of ANSYS during the fourth quarter worth about $27,000. Quarry LP increased its stake in shares of ANSYS by 1,550.0% during the fourth quarter. Quarry LP now owns 99 shares of the software maker's stock worth $33,000 after purchasing an additional 93 shares in the last quarter. Assetmark Inc. grew its stake in ANSYS by 468.2% during the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker's stock valued at $42,000 after acquiring an additional 103 shares in the last quarter. Millstone Evans Group LLC purchased a new stake in ANSYS during the 4th quarter valued at about $42,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in ANSYS during the 4th quarter valued at about $43,000. Institutional investors and hedge funds own 92.39% of the company's stock.

ANSYS Trading Down 0.1%

Shares of ANSS stock traded down $0.27 during trading hours on Wednesday, hitting $345.73. The company had a trading volume of 149,431 shares, compared to its average volume of 493,150. The company's fifty day moving average is $318.21 and its 200 day moving average is $332.79. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick 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 capitalization of $30.40 billion, a PE ratio of 52.80, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21.

ANSYS (NASDAQ:ANSS - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The software maker reported $1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.11). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The business had revenue of $504.89 million for the quarter, compared to analysts' expectations of $516.81 million. During the same period in the previous year, the business posted $1.39 earnings per share. The company's revenue for the quarter was up 8.2% on a year-over-year basis. Research analysts expect that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

Insider Buying and Selling

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the stock in a transaction on Monday, April 14th. The shares were 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 $969,032.30. This represents a 5.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.61% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ANSS shares. Rosenblatt Securities upped their price objective on shares of ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research note 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.

ANSYS Company 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.