ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by Athos Capital Ltd

Athos Capital Ltd decreased its position in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 51.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,500 shares of the software maker's stock after selling 11,300 shares during the period. ANSYS accounts for 1.6% of Athos Capital Ltd's portfolio, making the stock its 7th largest position. Athos Capital Ltd's holdings in ANSYS were worth $3,542,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ANSS. Ameliora Wealth Management Ltd. bought a new position in ANSYS during the 4th quarter worth about $27,000. Assetmark Inc. grew its holdings in shares of ANSYS by 468.2% during the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker's stock worth $42,000 after buying an additional 103 shares in the last quarter. Millstone Evans Group LLC bought a new position in shares of ANSYS during the fourth quarter worth about $42,000. SBI Securities Co. Ltd. bought a new stake in ANSYS in the 4th quarter valued at approximately $47,000. Finally, Allworth Financial LP lifted its stake in ANSYS by 33.7% in 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 in the last quarter. 92.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on ANSS shares. StockNews.com downgraded ANSYS from a "buy" rating to a "hold" rating in a research report on Friday, March 21st. Rosenblatt Securities raised their target price 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.

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ANSYS Stock Performance

ANSYS stock traded up $1.94 during mid-day trading on Wednesday, hitting $286.77. 186,481 shares of the company's stock traded hands, compared to its average volume of 466,868. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01. The firm has a 50 day simple moving average of $326.95 and a two-hundred day simple moving average of $333.38. 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 cap of $25.14 billion, a price-to-earnings ratio of 43.79, a P/E/G ratio of 3.48 and a beta of 1.20.

ANSYS (NASDAQ:ANSS - Get Free Report) last announced its earnings results on Wednesday, February 19th. The software maker reported $3.65 EPS 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 return on equity of 12.69% and a net margin of 22.62%. On average, research analysts expect that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction that occurred 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. The trade was a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.46% of the company's stock.

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.