Rockefeller Capital Management L.P. Has $18.53 Million Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Rockefeller Capital Management L.P. cut its position in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 11.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 54,934 shares of the software maker's stock after selling 6,932 shares during the period. Rockefeller Capital Management L.P. owned about 0.06% of ANSYS worth $18,531,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

ANSS has been the subject of several research reports. StockNews.com raised shares of ANSYS from a "hold" rating to a "buy" rating in a research note on Friday. Rosenblatt Securities raised 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.

ANSYS Trading Up 0.4 %

ANSS stock traded up $1.15 during midday trading on Friday, reaching $302.74. The stock had a trading volume of 817,786 shares, compared to its average volume of 479,074. The firm has a market cap of $26.54 billion, a price-to-earnings ratio of 46.22, a PEG ratio of 3.48 and a beta of 1.20. ANSYS, Inc. has a twelve month low of $275.06 and a twelve month high of $363.03. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. The business has a fifty day simple moving average of $319.11 and a two-hundred day simple moving average of $332.32.

ANSYS (NASDAQ:ANSS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing the consensus estimate of $3.97 by ($0.32). The business had revenue of $882.17 million for the quarter, compared to analyst estimates of $864.46 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. As a group, research analysts expect that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Glenda Dorchak sold 200 shares of the stock in a transaction on Monday, April 14th. The stock was sold at an average price of $300.01, for a total value of $60,002.00. Following the transaction, the director now owns 3,230 shares of the company's stock, valued at $969,032.30. This represents a 5.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.46% of the company's stock.

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.