ANSYS, Inc. (NASDAQ:ANSS) Position Increased by Aviva PLC

Aviva PLC lifted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 91.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 142,944 shares of the software maker's stock after buying an additional 68,198 shares during the period. Aviva PLC owned approximately 0.16% of ANSYS worth $48,219,000 at the end of the most recent reporting period.

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

Insiders Place Their Bets

In other news, Director Glenda Dorchak sold 200 shares of the company's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $336.62, for a total value of $67,324.00. Following the transaction, the director now owns 3,430 shares in the company, valued at $1,154,606.60. This represents a 5.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.46% of the company's stock.

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Analyst Ratings Changes

A number of analysts recently commented on the stock. Rosenblatt Securities boosted their target price on shares of ANSYS from $335.00 to $340.00 and gave the stock a "neutral" rating in a report on Friday, February 21st. StockNews.com downgraded ANSYS from a "buy" rating to a "hold" rating in a research report on Friday, March 21st.

ANSYS Trading Up 0.5 %

ANSS stock traded up $1.42 during mid-day trading on Friday, reaching $297.92. 193,673 shares of the stock traded hands, compared to its average volume of 470,173. The stock's fifty day moving average is $324.29 and its 200-day moving average is $332.94. The company has a market cap of $26.11 billion, a P/E ratio of 45.41, a P/E/G ratio of 3.48 and a beta of 1.20. 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 52-week low of $275.06 and a 52-week high of $363.03.

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

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.