Boston Trust Walden Corp Decreases Stake in ANSYS, Inc. (NASDAQ:ANSS)

Boston Trust Walden Corp trimmed its holdings in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 20.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,882 shares of the software maker's stock after selling 8,713 shares during the quarter. Boston Trust Walden Corp's holdings in ANSYS were worth $11,092,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bangor Savings Bank raised its holdings in shares of ANSYS by 32.7% in the third quarter. Bangor Savings Bank now owns 138 shares of the software maker's stock valued at $44,000 after buying an additional 34 shares during the last quarter. DiNuzzo Private Wealth Inc. raised its stake in ANSYS by 2,833.3% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker's stock valued at $56,000 after acquiring an additional 170 shares during the last quarter. Intact Investment Management Inc. purchased a new position in shares of ANSYS in the 3rd quarter valued at approximately $70,000. Brooklyn Investment Group acquired a new position in shares of ANSYS in the third quarter valued at approximately $119,000. Finally, Asset Dedication LLC lifted its holdings in shares of ANSYS by 35.1% during the third quarter. Asset Dedication LLC now owns 385 shares of the software maker's stock worth $123,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 92.39% of the company's stock.

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction on Monday, January 13th. The stock was 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 owns 3,430 shares of the company's stock, valued at $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.46% of the stock is owned by insiders.

ANSYS Price Performance

Shares of NASDAQ ANSS traded down $0.39 during trading on Thursday, reaching $346.62. The company had a trading volume of 510,256 shares, compared to its average volume of 470,437. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $30.31 billion, a PE ratio of 53.49, a price-to-earnings-growth ratio of 3.65 and a beta of 1.12. ANSYS, Inc. has a twelve month low of $289.82 and a twelve month high of $363.03. The stock has a 50-day moving average price of $344.36 and a two-hundred day moving average price of $330.39.

Analyst Upgrades and Downgrades

ANSS has been the subject of a number of analyst reports. StockNews.com downgraded shares of ANSYS from a "buy" rating to a "hold" rating in a research report on Monday, January 6th. Robert W. Baird raised their price objective on shares of ANSYS from $350.00 to $365.00 and gave the company an "outperform" rating in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $346.67.

ANSYS 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.