ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its stake in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,368 shares of the software maker's stock after selling 2,272 shares during the period. New York State Teachers Retirement System owned approximately 0.08% of ANSYS worth $23,737,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ameliora Wealth Management Ltd. purchased a new stake in shares of ANSYS in the fourth quarter worth about $27,000. Intact Investment Management Inc. purchased a new stake in shares of ANSYS in the third quarter worth about $70,000. Brooklyn Investment Group purchased a new stake in shares of ANSYS in the third quarter worth about $119,000. Wilmington Savings Fund Society FSB acquired a new position in shares of ANSYS in the third quarter worth about $174,000. Finally, Cyndeo Wealth Partners LLC acquired a new position in shares of ANSYS in the fourth quarter worth about $201,000. Hedge funds and other institutional investors own 92.39% of the company's stock.

Insider Buying and Selling at ANSYS

In other ANSYS 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 sale, the director now owns 3,430 shares in the company, valued at $1,154,606.60. This represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.46% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on ANSS. StockNews.com cut ANSYS from a "buy" rating to a "hold" rating in a research note on Monday, January 6th. Robert W. Baird boosted their price target on ANSYS from $350.00 to $365.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $346.67.

ANSYS Stock Down 0.5 %

Shares of NASDAQ:ANSS traded down $1.84 during trading on Wednesday, hitting $336.74. The company's stock had a trading volume of 862,481 shares, compared to its average volume of 475,116. The stock's 50-day moving average price is $342.98 and its two-hundred day moving average price is $332.39. ANSYS, Inc. has a fifty-two week low of $289.82 and a fifty-two week high of $363.03. The company has a market capitalization of $29.45 billion, a PE ratio of 51.97, a PEG ratio of 3.53 and a beta of 1.12. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11.

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.