ANSYS, Inc. (NASDAQ:ANSS) Stock Holdings Trimmed by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC decreased its position in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 44.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,066 shares of the software maker's stock after selling 857 shares during the period. Dynamic Advisor Solutions LLC's holdings in ANSYS were worth $360,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ANSS. Bangor Savings Bank raised its position in ANSYS by 32.7% in the third quarter. Bangor Savings Bank now owns 138 shares of the software maker's stock worth $44,000 after acquiring an additional 34 shares in the last quarter. DiNuzzo Private Wealth Inc. boosted its holdings in ANSYS by 2,833.3% during the third quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker's stock worth $56,000 after buying an additional 170 shares in the last quarter. Intact Investment Management Inc. acquired a new position in ANSYS during the third quarter worth about $70,000. Brooklyn Investment Group purchased a new position in ANSYS in the third quarter valued at about $119,000. Finally, Asset Dedication LLC increased its stake in ANSYS by 35.1% in 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 in the last quarter. Hedge funds and other institutional investors own 92.39% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on ANSS. Robert W. Baird upped their target price on ANSYS from $350.00 to $365.00 and gave the company an "outperform" rating in a research note on Thursday, November 7th. StockNews.com cut shares of ANSYS from a "buy" rating to a "hold" rating in a research report on Monday, January 6th. One 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 company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $346.67.

Insider Transactions 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 transaction of $67,324.00. Following the completion of the sale, the director now directly owns 3,430 shares of the company's stock, valued at approximately $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 accessible through the SEC website. Company insiders own 0.46% of the company's stock.

ANSYS Trading Up 1.2 %

ANSS stock traded up $3.98 during trading on Tuesday, reaching $348.87. 176,111 shares of the stock traded hands, compared to its average volume of 469,337. The firm has a market capitalization of $30.51 billion, a PE ratio of 53.78, a P/E/G ratio of 3.72 and a beta of 1.11. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.11 and a quick ratio of 3.11. The business's 50 day moving average price is $344.20 and its 200-day moving average price is $329.19. ANSYS, Inc. has a 52-week low of $289.82 and a 52-week high of $363.03.

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.