Magnetar Financial LLC grew its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 0.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 219,625 shares of the software maker's stock after acquiring an additional 1,824 shares during the period. ANSYS comprises 1.8% of Magnetar Financial LLC's investment portfolio, making the stock its 11th biggest position. Magnetar Financial LLC owned approximately 0.25% of ANSYS worth $74,086,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently modified their holdings of ANSS. Teacher Retirement System of Texas purchased a new position in shares of ANSYS in the fourth quarter worth about $276,000. Harvest Fund Management Co. Ltd grew its stake in ANSYS by 27.9% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 5,147 shares of the software maker's stock valued at $1,722,000 after buying an additional 1,122 shares in the last quarter. Vinva Investment Management Ltd bought a new stake in ANSYS during the 4th quarter valued at $1,206,000. Xponance Inc. lifted its position in shares of ANSYS by 0.7% during the fourth quarter. Xponance Inc. now owns 11,954 shares of the software maker's stock worth $4,032,000 after acquiring an additional 87 shares in the last quarter. Finally, Intech Investment Management LLC boosted its holdings in shares of ANSYS by 14.6% in the fourth quarter. Intech Investment Management LLC now owns 991 shares of the software maker's stock worth $334,000 after acquiring an additional 126 shares during the period. Hedge funds and other institutional investors own 92.39% of the company's stock.
Insider Buying and Selling at ANSYS
In other news, Director Glenda Dorchak sold 200 shares of the firm's stock in a transaction on 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 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.46% of the stock is currently owned by company insiders.
ANSYS Price Performance
Shares of ANSYS stock traded up $1.53 during trading on Monday, hitting $325.73. The stock had a trading volume of 406,028 shares, compared to its average volume of 427,700. 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 12 month low of $289.82 and a 12 month high of $363.03. The firm has a market cap of $28.55 billion, a price-to-earnings ratio of 49.73, a P/E/G ratio of 3.48 and a beta of 1.11. The business's 50-day moving average is $337.11 and its 200 day moving average is $334.01.
ANSYS (NASDAQ:ANSS - Get Free Report) last announced its earnings results 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). 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%. As a group, sell-side analysts anticipate that ANSYS, Inc. will post 8.32 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on ANSS. Rosenblatt Securities boosted their price objective on ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research note on Friday, February 21st. StockNews.com cut ANSYS from a "buy" rating to a "hold" rating in a research report on Friday.
Get Our Latest Stock Report on ANSS
ANSYS Profile
(
Free Report)
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.
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