Ossiam Has $2.02 Million Stake in ANSYS, Inc. (NASDAQ:ANSS)

Ossiam lowered its holdings in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 22.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,978 shares of the software maker's stock after selling 1,774 shares during the period. Ossiam's holdings in ANSYS were worth $2,017,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ameliora Wealth Management Ltd. purchased a new stake in shares of ANSYS during the 4th quarter worth about $27,000. Assetmark Inc. increased its holdings in ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker's stock worth $42,000 after buying an additional 103 shares during the last quarter. Millstone Evans Group LLC bought a new position in ANSYS during the fourth quarter valued at approximately $42,000. SBI Securities Co. Ltd. acquired a new stake in ANSYS in the fourth quarter valued at approximately $47,000. Finally, Allworth Financial LP lifted its stake in ANSYS by 33.7% in the fourth quarter. Allworth Financial LP now owns 258 shares of the software maker's stock valued at $92,000 after acquiring an additional 65 shares during the last quarter. Institutional investors and hedge funds own 92.39% of the company's stock.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $300.01, for a total transaction of $60,002.00. Following the completion of the sale, the director now owns 3,230 shares in the company, valued at $969,032.30. This represents a 5.83 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.46% of the stock is currently owned by corporate insiders.

ANSYS Stock Performance

ANSS stock traded up $4.32 during midday trading on Friday, hitting $320.68. 575,479 shares of the company traded hands, compared to its average volume of 482,111. The business has a 50 day simple moving average of $316.61 and a 200-day simple moving average of $331.86. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. ANSYS, Inc. has a twelve month low of $275.06 and a twelve month high of $363.03. The stock has a market capitalization of $28.11 billion, a price-to-earnings ratio of 48.96, a price-to-earnings-growth ratio of 3.48 and a beta of 1.20.

ANSYS (NASDAQ:ANSS - Get Free Report) last posted its 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 during the quarter, compared to analyst estimates of $864.46 million. ANSYS had a net margin of 22.62% and a return on equity of 12.69%. As a group, equities research analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ANSS. StockNews.com upgraded shares of ANSYS from a "hold" rating to a "buy" rating in a report on Friday, April 18th. Rosenblatt Securities raised their target price on ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a report on Friday, February 21st.

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.