Generali Asset Management SPA SGR Takes Position in ANSYS, Inc. (NASDAQ:ANSS)

Generali Asset Management SPA SGR purchased a new stake in ANSYS, Inc. (NASDAQ:ANSS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,095 shares of the software maker's stock, valued at approximately $1,719,000.

A number of other hedge funds have also recently made changes to their positions in ANSS. Signaturefd LLC increased its position in shares of ANSYS by 7.3% in the fourth quarter. Signaturefd LLC now owns 1,431 shares of the software maker's stock worth $483,000 after purchasing an additional 97 shares during the last quarter. Parallel Advisors LLC grew its stake in ANSYS by 17.8% in the 4th quarter. Parallel Advisors LLC now owns 942 shares of the software maker's stock worth $318,000 after buying an additional 142 shares in the last quarter. Cibc World Markets Corp increased its holdings in shares of ANSYS by 13.7% in the 4th quarter. Cibc World Markets Corp now owns 15,708 shares of the software maker's stock worth $5,299,000 after buying an additional 1,892 shares during the last quarter. Glenview Trust co purchased a new stake in shares of ANSYS during the 4th quarter valued at $202,000. Finally, Gallacher Capital Management LLC bought a new stake in shares of ANSYS during the 4th quarter worth $211,000. 92.39% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction that occurred 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 sale, the director now directly owns 3,430 shares in the company, valued at approximately $1,154,606.60. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.46% of the company's stock.

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Analyst Ratings Changes

A number of research analysts recently commented on ANSS shares. StockNews.com cut ANSYS from a "buy" rating to a "hold" rating in a research note on Friday. Rosenblatt Securities raised their price objective on ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a report on Friday, February 21st.

ANSYS Trading Up 0.5 %

ANSS traded up $1.53 on Monday, hitting $325.73. 406,028 shares of the company were exchanged, compared to its average volume of 427,700. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. The firm has a fifty day simple moving average of $336.88 and a two-hundred day simple moving average of $334.12. The stock has a market capitalization of $28.55 billion, a PE ratio of 49.73, a price-to-earnings-growth ratio of 3.48 and a beta of 1.11. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03.

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

About ANSYS

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.