Ownership Capital B.V. Sells 43,460 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Ownership Capital B.V. decreased its holdings in ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 595,488 shares of the software maker's stock after selling 43,460 shares during the quarter. ANSYS makes up about 7.4% of Ownership Capital B.V.'s investment portfolio, making the stock its 3rd largest position. Ownership Capital B.V. owned approximately 0.68% of ANSYS worth $200,876,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jacobson & Schmitt Advisors LLC raised its position in shares of ANSYS by 4.6% during the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 40,267 shares of the software maker's stock worth $13,583,000 after acquiring an additional 1,758 shares during the last quarter. CIBC Asset Management Inc boosted its stake in ANSYS by 3.6% during the 4th quarter. CIBC Asset Management Inc now owns 28,094 shares of the software maker's stock worth $9,477,000 after acquiring an additional 978 shares during the last quarter. Sanctuary Advisors LLC increased its position in shares of ANSYS by 1.4% in the 4th quarter. Sanctuary Advisors LLC now owns 11,796 shares of the software maker's stock valued at $4,147,000 after buying an additional 162 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of ANSYS by 1.3% during the fourth quarter. Principal Financial Group Inc. now owns 570,525 shares of the software maker's stock worth $192,456,000 after purchasing an additional 7,098 shares during the period. Finally, Pathway Financial Advisors LLC bought a new stake in ANSYS in the 4th quarter valued at $206,000. Institutional investors and hedge funds own 92.39% of the company's stock.

ANSYS Stock Performance

NASDAQ:ANSS traded up $3.72 during mid-day trading on Thursday, hitting $340.46. The stock had a trading volume of 714,752 shares, compared to its average volume of 482,720. ANSYS, Inc. has a twelve month low of $289.82 and a twelve month high of $363.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11. The stock has a market cap of $29.77 billion, a price-to-earnings ratio of 52.54, a PEG ratio of 3.53 and a beta of 1.12. The company's 50 day simple moving average is $342.83 and its 200 day simple moving average is $332.42.

ANSYS (NASDAQ:ANSS - Get Free Report) last released its quarterly earnings data 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 business had revenue of $882.17 million during the quarter, compared to analyst estimates of $864.46 million. ANSYS had a net margin of 23.01% and a return on equity of 12.64%. On average, equities research analysts forecast that ANSYS, Inc. will post 7.66 earnings per share for the current year.

Analyst Upgrades and Downgrades

ANSS has been the subject of several analyst reports. Robert W. Baird raised their price objective on ANSYS from $350.00 to $365.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. StockNews.com downgraded ANSYS from a "buy" rating to a "hold" rating in a research note on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $346.67.

Insiders Place Their Bets

In other news, Director Glenda Dorchak sold 200 shares of the firm's stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of 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. Company 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.