ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. decreased its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 7.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,866 shares of the software maker's stock after selling 5,190 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.07% of ANSYS worth $19,713,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ANSS. Earnest Partners LLC grew its stake in shares of ANSYS by 2.5% in the second quarter. Earnest Partners LLC now owns 607,029 shares of the software maker's stock worth $195,160,000 after acquiring an additional 15,012 shares during the last quarter. Impax Asset Management Group plc grew its position in ANSYS by 8.0% during the 3rd quarter. Impax Asset Management Group plc now owns 603,394 shares of the software maker's stock valued at $192,259,000 after purchasing an additional 44,605 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in ANSYS by 1.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 532,142 shares of the software maker's stock valued at $169,556,000 after purchasing an additional 8,706 shares in the last quarter. DekaBank Deutsche Girozentrale raised its holdings in ANSYS by 4.6% in the second quarter. DekaBank Deutsche Girozentrale now owns 522,613 shares of the software maker's stock worth $167,985,000 after buying an additional 22,836 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of ANSYS by 3.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 518,779 shares of the software maker's stock worth $165,299,000 after buying an additional 16,462 shares in the last quarter. Hedge funds and other institutional investors own 92.39% of the company's stock.

Insider Activity

In other news, Director Glenda Dorchak sold 152 shares of the firm's stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $313.61, for a total value of $47,668.72. Following the completion of the transaction, the director now directly owns 3,630 shares in the company, valued at $1,138,404.30. This trade represents a 4.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ANSS shares. StockNews.com downgraded ANSYS from a "buy" rating to a "hold" rating in a report on Thursday, November 14th. Rosenblatt Securities dropped their price target on shares of ANSYS from $345.00 to $335.00 and set a "neutral" rating on the stock in a report on Tuesday, August 6th. Finally, Robert W. Baird boosted their price objective on shares of ANSYS from $350.00 to $365.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $342.50.

ANSYS Trading Down 0.2 %

Shares of NASDAQ ANSS traded down $0.59 during trading hours on Monday, hitting $350.51. 460,271 shares of the company traded hands, compared to its average volume of 525,285. The company's 50 day moving average price is $331.57 and its 200 day moving average price is $324.07. ANSYS, Inc. has a 12 month low of $275.81 and a 12 month high of $364.31. The stock has a market capitalization of $30.65 billion, a price-to-earnings ratio of 54.09, a price-to-earnings-growth ratio of 3.98 and a beta of 1.11. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13.

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.