Greenland Capital Management LP Grows Position in ANSYS, Inc. (NASDAQ:ANSS)

Greenland Capital Management LP boosted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 870.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,965 shares of the software maker's stock after buying an additional 7,144 shares during the quarter. Greenland Capital Management LP's holdings in ANSYS were worth $2,687,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. raised its stake in shares of ANSYS by 7.2% during the third quarter. Nomura Asset Management Co. Ltd. now owns 28,351 shares of the software maker's stock valued at $9,033,000 after acquiring an additional 1,914 shares in the last quarter. FNY Investment Advisers LLC increased its holdings in ANSYS by 78.7% during the 4th quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker's stock worth $2,036,000 after purchasing an additional 2,659 shares during the period. JPMorgan Chase & Co. raised its position in ANSYS by 34.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker's stock valued at $123,217,000 after purchasing an additional 100,042 shares in the last quarter. Oak Thistle LLC purchased a new stake in shares of ANSYS in the 4th quarter worth $255,000. Finally, Ulland Investment Advisors LLC grew its position in shares of ANSYS by 107.6% during the 4th quarter. Ulland Investment Advisors LLC now owns 2,635 shares of the software maker's stock worth $889,000 after buying an additional 1,366 shares in the last quarter. 92.39% of the stock is owned by hedge funds and other institutional investors.

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ANSYS Stock Down 0.1 %

Shares of NASDAQ:ANSS traded down $0.19 on Friday, reaching $296.31. The company had a trading volume of 745,360 shares, compared to its average volume of 472,150. The firm has a market capitalization of $25.97 billion, a PE ratio of 45.24, a PEG ratio of 3.48 and a beta of 1.20. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. ANSYS, Inc. has a 52-week low of $275.06 and a 52-week high of $363.03. The firm's 50 day simple moving average is $323.28 and its 200-day simple moving average is $332.84.

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

Analyst Ratings Changes

Several research firms recently weighed in on ANSS. StockNews.com downgraded ANSYS from a "buy" rating to a "hold" rating in a report on Friday, March 21st. Rosenblatt Securities boosted their price target on shares of ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a report on Friday, February 21st.

Insider Activity at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the business's stock in a transaction on Monday, January 13th. The stock was sold at an average price of $336.62, for a total transaction of $67,324.00. Following the transaction, the director now directly owns 3,430 shares in the company, valued at $1,154,606.60. The trade was a 5.51 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.46% of the stock is currently owned by corporate insiders.

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.