Atria Investments Inc raised its holdings in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 7.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,518 shares of the software maker's stock after acquiring an additional 947 shares during the period. Atria Investments Inc's holdings in ANSYS were worth $4,560,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of ANSS. Ameliora Wealth Management Ltd. acquired a new stake in shares of ANSYS in the fourth quarter valued at approximately $27,000. Assetmark Inc. increased its stake in shares of ANSYS by 468.2% in the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker's stock worth $42,000 after acquiring an additional 103 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of ANSYS during the 4th quarter worth $47,000. Allworth Financial LP boosted its position in shares of ANSYS by 33.7% during the 4th quarter. Allworth Financial LP now owns 258 shares of the software maker's stock valued at $92,000 after acquiring an additional 65 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in shares of ANSYS in the third quarter valued at about $119,000. 92.39% of the stock is owned by hedge funds and other institutional investors.
ANSYS Trading Up 0.5 %
ANSS stock traded up $1.65 during mid-day trading on Tuesday, hitting $320.36. 471,029 shares of the company were exchanged, compared to its average volume of 427,629. ANSYS, Inc. has a 12-month low of $289.82 and a 12-month high of $363.03. The firm has a market capitalization of $28.08 billion, a P/E ratio of 48.91, a PEG ratio of 3.48 and a beta of 1.11. The business has a fifty day simple moving average of $340.10 and a 200-day simple moving average of $333.72. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12.
ANSYS (NASDAQ:ANSS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 earnings per share for the quarter, missing analysts' consensus estimates of $3.97 by ($0.32). The company had revenue of $882.17 million for the quarter, compared to analysts' expectations of $864.46 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. On average, equities research analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.
Insider Activity
In related news, Director Glenda Dorchak sold 200 shares of the firm's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of the transaction, the director now directly owns 3,430 shares in the company, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.46% of the company's stock.
Analyst Upgrades and Downgrades
ANSS has been the topic of several recent analyst reports. StockNews.com upgraded shares of ANSYS from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Rosenblatt Securities upped their price objective on ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a report on Friday, February 21st.
Get Our Latest Stock Analysis on ANSYS
ANSYS Company 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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