Janus Henderson Group PLC Has $6.91 Million Stake in ANSYS, Inc. (NASDAQ:ANSS)

Janus Henderson Group PLC raised its stake in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 7.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,680 shares of the software maker's stock after acquiring an additional 1,500 shares during the quarter. Janus Henderson Group PLC's holdings in ANSYS were worth $6,906,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions 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 valued at $44,000 after purchasing an additional 34 shares during the last quarter. OneDigital Investment Advisors LLC increased its stake in shares of ANSYS by 3.0% in the third quarter. OneDigital Investment Advisors LLC now owns 1,285 shares of the software maker's stock valued at $409,000 after buying an additional 37 shares during the period. Gardner Lewis Asset Management L P raised its holdings in ANSYS by 1.9% in the 2nd quarter. Gardner Lewis Asset Management L P now owns 2,175 shares of the software maker's stock valued at $699,000 after buying an additional 40 shares during the last quarter. Eads & Heald Wealth Management boosted its position in ANSYS by 1.6% during the 3rd quarter. Eads & Heald Wealth Management now owns 2,533 shares of the software maker's stock worth $807,000 after buying an additional 40 shares during the period. Finally, Verdence Capital Advisors LLC grew its holdings in ANSYS by 2.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 1,597 shares of the software maker's stock worth $509,000 after acquiring an additional 42 shares during the last quarter. 92.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Glenda Dorchak sold 152 shares of the stock in a transaction on Monday, October 7th. The shares were sold at an average price of $313.61, for a total transaction of $47,668.72. Following the transaction, the director now directly owns 3,630 shares of the company's stock, valued at $1,138,404.30. This represents a 4.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.46% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Robert W. Baird raised their price target on shares of ANSYS from $350.00 to $365.00 and gave the company an "outperform" rating in a research note on Thursday, November 7th. StockNews.com raised ANSYS from a "hold" rating to a "buy" rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $342.50.

ANSYS Trading Down 0.8 %

NASDAQ ANSS traded down $2.81 during mid-day trading on Tuesday, reaching $339.70. 262,962 shares of the stock were exchanged, compared to its average volume of 526,988. 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 stock has a 50 day simple moving average of $334.22 and a 200-day simple moving average of $324.82. ANSYS, Inc. has a one year low of $285.48 and a one year high of $364.31. The stock has a market cap of $29.71 billion, a P/E ratio of 52.42, a P/E/G ratio of 3.91 and a beta of 1.10.

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.