ANSYS, Inc. (NASDAQ:ANSS) Shares Bought by Impax Asset Management Group plc

Impax Asset Management Group plc boosted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 8.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 603,394 shares of the software maker's stock after acquiring an additional 44,605 shares during the period. Impax Asset Management Group plc owned 0.69% of ANSYS worth $192,259,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. QRG Capital Management Inc. grew its holdings in shares of ANSYS by 12.9% in the third quarter. QRG Capital Management Inc. now owns 4,052 shares of the software maker's stock valued at $1,291,000 after purchasing an additional 463 shares during the period. Asset Management One Co. Ltd. boosted its holdings in ANSYS by 0.9% in the 3rd quarter. Asset Management One Co. Ltd. now owns 33,326 shares of the software maker's stock valued at $10,619,000 after purchasing an additional 312 shares during the last quarter. Intact Investment Management Inc. purchased a new stake in shares of ANSYS in the 3rd quarter valued at approximately $70,000. Robeco Institutional Asset Management B.V. increased its holdings in shares of ANSYS by 2.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 26,427 shares of the software maker's stock worth $8,420,000 after buying an additional 716 shares during the last quarter. Finally, Cannon Global Investment Management LLC acquired a new stake in shares of ANSYS during the 3rd quarter worth approximately $1,402,000. 92.39% of the stock is owned by hedge funds and other institutional investors.

ANSYS Trading Up 0.1 %

NASDAQ:ANSS traded up $0.32 during trading hours on Tuesday, reaching $324.48. 395,423 shares of the stock were exchanged, compared to its average volume of 523,311. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $28.36 billion, a price-to-earnings ratio of 57.33, a PEG ratio of 6.94 and a beta of 1.11. The business has a 50-day moving average of $320.39 and a two-hundred day moving average of $321.49. ANSYS, Inc. has a twelve month low of $275.81 and a twelve month high of $364.31.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ANSS shares. StockNews.com upgraded ANSYS from a "hold" rating to a "buy" rating in a research report on Tuesday, October 29th. Rosenblatt Securities lowered their price target on ANSYS from $345.00 to $335.00 and set a "neutral" rating for the company in a report on Tuesday, August 6th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, ANSYS presently has a consensus rating of "Hold" and an average target price of $325.00.

Insiders Place Their Bets

In other ANSYS news, Director Glenda Dorchak sold 152 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the director now owns 3,630 shares in the company, valued at $1,138,404.30. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.46% of the stock is owned by company insiders.

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.