ANSYS, Inc. (NASDAQ:ANSS) Shares Purchased by National Bank of Canada FI

National Bank of Canada FI lifted its stake in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 69.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 244,390 shares of the software maker's stock after purchasing an additional 100,111 shares during the quarter. National Bank of Canada FI owned about 0.28% of ANSYS worth $82,440,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Nomura Asset Management Co. Ltd. increased its holdings in shares of ANSYS by 7.2% in 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 purchasing an additional 1,914 shares during the period. FNY Investment Advisers LLC boosted its position in ANSYS by 78.7% in the fourth quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker's stock valued at $2,036,000 after buying an additional 2,659 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in 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 buying an additional 100,042 shares during the period. Oak Thistle LLC purchased a new position in ANSYS during the 4th quarter worth approximately $255,000. Finally, Ulland Investment Advisors LLC raised its position in 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 during the last quarter. 92.39% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

ANSYS Stock Performance

ANSYS stock traded down $23.60 during mid-day trading on Friday, hitting $286.85. The company had a trading volume of 1,315,228 shares, compared to its average volume of 461,859. The company has a market capitalization of $25.14 billion, a price-to-earnings ratio of 43.79, a P/E/G ratio of 3.48 and a beta of 1.20. ANSYS, Inc. has a 12-month low of $285.93 and a 12-month high of $363.03. The company's fifty day moving average is $330.70 and its 200-day moving average is $334.09. 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 (NASDAQ:ANSS - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $882.17 million for the quarter, compared to analysts' expectations of $864.46 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. Equities research analysts predict that ANSYS, Inc. will post 8.32 EPS for the current year.

Analyst Upgrades and Downgrades

ANSS has been the topic of a number of research reports. StockNews.com lowered shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Friday, March 21st. Rosenblatt Securities upped 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 Transactions at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 3,430 shares of the company's stock, valued at $1,154,606.60. This represents a 5.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.46% of the company's stock.

ANSYS Company 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.