ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by Fiera Capital Corp

Fiera Capital Corp decreased its position in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 29.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 155,314 shares of the software maker's stock after selling 64,100 shares during the quarter. Fiera Capital Corp owned approximately 0.18% of ANSYS worth $49,488,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Swedbank AB purchased a new stake in ANSYS during the first quarter worth about $128,089,000. M&G Plc acquired a new stake in ANSYS during the 1st quarter worth approximately $115,922,000. Magnetar Financial LLC purchased a new position in ANSYS in the 1st quarter valued at approximately $72,797,000. Matrix Capital Management Company LP purchased a new stake in shares of ANSYS during the first quarter worth $50,338,000. Finally, Canada Pension Plan Investment Board raised its stake in shares of ANSYS by 1,052.9% in the first quarter. Canada Pension Plan Investment Board now owns 99,263 shares of the software maker's stock valued at $34,460,000 after acquiring an additional 90,653 shares in the last quarter. Hedge funds and other institutional investors own 92.39% of the company's stock.

Insider Buying and Selling at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 152 shares of the business's stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $313.61, for a total value of $47,668.72. Following the completion of the sale, the director now owns 3,630 shares in the company, valued at approximately $1,138,404.30. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.46% of the stock is currently owned by insiders.

ANSYS Stock Down 3.8 %

Shares of NASDAQ:ANSS traded down $13.40 during trading on Friday, hitting $342.18. 777,060 shares of the company were exchanged, compared to its average volume of 529,433. The firm's 50 day moving average price is $321.88 and its 200-day moving average price is $321.93. ANSYS, Inc. has a 12-month low of $275.81 and a 12-month high of $364.31. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.95 and a quick ratio of 2.95. The stock has a market capitalization of $29.90 billion, a P/E ratio of 60.46, a PEG ratio of 6.95 and a beta of 1.11.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ANSS shares. StockNews.com lowered ANSYS from a "buy" rating to a "hold" rating in a research report on Wednesday. Rosenblatt Securities decreased their price target on shares of ANSYS from $345.00 to $335.00 and set a "neutral" rating for the company in a research note on Tuesday, August 6th. Finally, 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 research report on Thursday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, ANSYS presently has an average rating of "Hold" and an average price target of $333.00.

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.