ANSYS, Inc. (NASDAQ:ANSS) Stock Position Boosted by CCLA Investment Management

CCLA Investment Management boosted its holdings in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 11.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 445,891 shares of the software maker's stock after buying an additional 47,331 shares during the period. ANSYS accounts for approximately 2.4% of CCLA Investment Management's holdings, making the stock its 9th biggest position. CCLA Investment Management owned about 0.51% of ANSYS worth $150,381,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ANSS. Bangor Savings Bank boosted its holdings in shares of ANSYS by 32.7% during the 3rd quarter. Bangor Savings Bank now owns 138 shares of the software maker's stock valued at $44,000 after purchasing an additional 34 shares during the last quarter. DiNuzzo Private Wealth Inc. boosted its holdings in shares of 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 purchasing an additional 170 shares during the last quarter. Intact Investment Management Inc. bought a new position in shares of ANSYS during the 3rd quarter valued at about $70,000. Brooklyn Investment Group bought a new position in shares of ANSYS during the 3rd quarter valued at about $119,000. Finally, Asset Dedication LLC boosted its holdings in shares of ANSYS by 35.1% during the 3rd quarter. Asset Dedication LLC now owns 385 shares of the software maker's stock valued at $123,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 92.39% of the company's stock.

ANSYS Trading Up 1.0 %

Shares of NASDAQ:ANSS traded up $3.49 during trading on Wednesday, reaching $343.07. The company's stock had a trading volume of 504,338 shares, compared to its average volume of 488,871. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The firm's 50 day simple moving average is $342.54 and its two-hundred day simple moving average is $327.69. The stock has a market capitalization of $30.00 billion, a PE ratio of 52.94, a price-to-earnings-growth ratio of 3.89 and a beta of 1.11.

Analyst Ratings Changes

Several research analysts have commented on ANSS shares. Robert W. Baird increased their price objective on shares of ANSYS from $350.00 to $365.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. StockNews.com downgraded shares of ANSYS from a "buy" rating to a "hold" rating in a report on Monday, January 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, ANSYS presently has an average rating of "Hold" and an average target price of $342.50.

Insider Activity at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the firm's stock in a transaction dated 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 owns 3,430 shares of the company's stock, valued at $1,154,606.60. This trade represents 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 this hyperlink. 0.46% of the stock is owned by insiders.

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.