ANSYS, Inc. (NASDAQ:ANSS) Stock Position Decreased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio decreased its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 4.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,691 shares of the software maker's stock after selling 1,578 shares during the quarter. Public Employees Retirement System of Ohio's holdings in ANSYS were worth $10,098,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. increased its position in ANSYS by 7.2% in the third quarter. Nomura Asset Management Co. Ltd. now owns 28,351 shares of the software maker's stock worth $9,033,000 after buying an additional 1,914 shares during the period. MML Investors Services LLC grew its position in shares of ANSYS by 5.7% during the third quarter. MML Investors Services LLC now owns 11,950 shares of the software maker's stock worth $3,808,000 after acquiring an additional 648 shares during the last quarter. Main Management ETF Advisors LLC acquired a new stake in shares of ANSYS in the 3rd quarter worth about $1,731,000. XTX Topco Ltd bought a new stake in ANSYS in the 3rd quarter valued at about $518,000. Finally, iA Global Asset Management Inc. boosted its stake in ANSYS by 3.9% during the 3rd quarter. iA Global Asset Management Inc. now owns 8,908 shares of the software maker's stock valued at $2,838,000 after purchasing an additional 332 shares during the period. Institutional investors own 92.39% of the company's stock.

Insider Buying and Selling at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 152 shares of the company's stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $313.61, for a total value of $47,668.72. Following the completion of the sale, the director now directly owns 3,630 shares of the company's stock, valued at approximately $1,138,404.30. This represents a 4.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.46% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ANSS has been the topic of a number of recent analyst reports. Robert W. Baird lifted their price target on ANSYS from $350.00 to $365.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. StockNews.com upgraded ANSYS from a "hold" rating to a "buy" rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $342.50.

ANSYS Price Performance

Shares of NASDAQ:ANSS traded down $2.42 during trading on Thursday, reaching $341.58. The company had a trading volume of 352,572 shares, compared to its average volume of 525,993. ANSYS, Inc. has a twelve month low of $289.82 and a twelve month high of $364.31. 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 firm has a market capitalization of $29.87 billion, a PE ratio of 53.09, a price-to-earnings-growth ratio of 3.91 and a beta of 1.10. The firm's fifty day moving average is $335.29 and its 200 day moving average is $325.01.

About ANSYS

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.