Rep. Gilbert Ray Cisneros, Jr. Sells ANSYS, Inc. (NASDAQ:ANSS) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of ANSYS, Inc. (NASDAQ:ANSS). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in ANSYS stock on February 26th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Sterling Infrastructure NASDAQ: STRL on 3/3/2025.
• Purchased $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 3/3/2025.
• Sold $1,001 - $15,000 in shares of Ford Motor NYSE: F on 2/26/2025.
• Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 2/26/2025.
• Sold $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 2/26/2025.
• Purchased $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 2/26/2025.
• Sold $1,001 - $15,000 in shares of General Motors NYSE: GM on 2/26/2025.
• Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 2/26/2025.
• Sold $1,001 - $15,000 in shares of Akamai Technologies NASDAQ: AKAM on 2/26/2025.
• Sold $1,001 - $15,000 in shares of Danaher NYSE: DHR on 2/26/2025.

ANSYS Price Performance

ANSS traded up $1.65 during trading on Tuesday, hitting $320.36. 467,344 shares of the company traded hands, compared to its average volume of 427,615. The company has a market cap of $28.08 billion, a PE ratio of 48.91, a P/E/G ratio of 3.48 and a beta of 1.11. The stock's 50-day simple moving average is $340.10 and its two-hundred day simple moving average is $333.72. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. ANSYS, Inc. has a 1 year low of $289.82 and a 1 year high of $363.03.

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ANSYS (NASDAQ:ANSS - Get Free Report) last released its earnings results on Wednesday, February 19th. The software maker reported $3.65 earnings per share for the quarter, missing the consensus estimate of $3.97 by ($0.32). The company had revenue of $882.17 million for the quarter, compared to the consensus estimate of $864.46 million. ANSYS had a net margin of 22.62% and a return on equity of 12.69%. As a group, sell-side analysts anticipate that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ANSYS

Several hedge funds and other institutional investors have recently bought and sold shares of ANSS. Siemens Fonds Invest GmbH lifted its holdings in ANSYS by 1,120.4% in the fourth quarter. Siemens Fonds Invest GmbH now owns 22,125 shares of the software maker's stock worth $7,463,000 after acquiring an additional 20,312 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of ANSYS during the 4th quarter valued at $21,276,000. Pinnacle Wealth Planning Services Inc. acquired a new position in ANSYS in the 4th quarter worth approximately $283,000. Cypress Asset Management Inc. TX acquired a new stake in ANSYS during the 4th quarter worth about $710,000. Finally, Mackenzie Financial Corp grew its stake in ANSYS by 7.2% during the 4th quarter. Mackenzie Financial Corp now owns 8,265 shares of the software maker's stock valued at $2,788,000 after acquiring an additional 555 shares in the last quarter. 92.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ANSS has been the topic of several recent research reports. Rosenblatt Securities boosted their price target on shares of ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research report on Friday, February 21st. StockNews.com raised shares of ANSYS from a "hold" rating to a "buy" rating in a report on Friday, February 21st.

Insider Buying and Selling at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the company's stock in a transaction on Monday, January 13th. The shares were sold at an average price of $336.62, for a total value of $67,324.00. Following the completion of the sale, the director now directly owns 3,430 shares in the company, valued at approximately $1,154,606.60. This represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.46% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.