ANSYS, Inc. (NASDAQ:ANSS) Stock Position Increased by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd grew its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 27.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,147 shares of the software maker's stock after acquiring an additional 1,122 shares during the period. Harvest Fund Management Co. Ltd's holdings in ANSYS were worth $1,722,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Nomura Asset Management Co. Ltd. grew its stake in ANSYS by 7.2% in the third quarter. Nomura Asset Management Co. Ltd. now owns 28,351 shares of the software maker's stock worth $9,033,000 after purchasing an additional 1,914 shares in the last quarter. FNY Investment Advisers LLC lifted 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 buying an additional 2,659 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of ANSYS by 34.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker's stock worth $123,217,000 after acquiring an additional 100,042 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of ANSYS by 12.6% in the 3rd quarter. Daiwa Securities Group Inc. now owns 16,289 shares of the software maker's stock valued at $5,190,000 after acquiring an additional 1,818 shares during the last quarter. Finally, Oak Thistle LLC acquired a new stake in shares of ANSYS during the 4th quarter valued at approximately $255,000. 92.39% of the stock is owned by institutional investors and hedge funds.

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Insider Activity

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the business's stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction 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. The trade was a 5.51 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.46% of the company's stock.

ANSYS Stock Performance

ANSS traded up $1.53 during trading on Monday, reaching $325.73. 406,028 shares of the company were exchanged, compared to its average volume of 427,700. The firm has a 50 day moving average of $337.11 and a 200 day moving average of $334.01. The stock has a market cap of $28.55 billion, a P/E ratio of 49.73, a PEG ratio of 3.48 and a beta of 1.11. 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 $289.82 and a 52 week high of $363.03.

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

Analyst Ratings Changes

ANSS has been the subject of several recent research reports. StockNews.com lowered shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Friday. Rosenblatt Securities boosted their price objective on shares of ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research report on Friday, February 21st.

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.