ANSYS, Inc. (NASDAQ:ANSS) Shares Bought by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. grew its position in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 2.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 76,872 shares of the software maker's stock after purchasing an additional 1,865 shares during the quarter. Royal London Asset Management Ltd. owned approximately 0.09% of ANSYS worth $24,494,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Cetera Investment Advisers lifted its stake in ANSYS by 392.9% in the first quarter. Cetera Investment Advisers now owns 12,751 shares of the software maker's stock valued at $4,427,000 after buying an additional 10,164 shares during the last quarter. Cetera Advisors LLC raised its position in ANSYS by 59.2% in the 1st quarter. Cetera Advisors LLC now owns 1,605 shares of the software maker's stock valued at $557,000 after purchasing an additional 597 shares during the last quarter. CWM LLC raised its position in ANSYS by 57.0% in the 2nd quarter. CWM LLC now owns 5,886 shares of the software maker's stock valued at $1,892,000 after purchasing an additional 2,136 shares during the last quarter. SG Americas Securities LLC boosted its stake in ANSYS by 193.3% during the 2nd quarter. SG Americas Securities LLC now owns 29,232 shares of the software maker's stock worth $9,398,000 after purchasing an additional 19,264 shares during the period. Finally, Mirador Capital Partners LP purchased a new position in ANSYS during the 2nd quarter worth $582,000. 92.39% of the stock is owned by institutional investors and hedge funds.

Insider Transactions 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 transaction of $47,668.72. Following the transaction, the director now directly owns 3,630 shares in the company, valued at approximately $1,138,404.30. This represents a 4.02 % decrease in their ownership of the stock. The sale 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 Stock Performance

Shares of ANSYS stock traded up $0.91 on Friday, reaching $345.30. 721,532 shares of the stock were exchanged, compared to its average volume of 511,762. The firm has a market capitalization of $30.20 billion, a PE ratio of 53.29, a PEG ratio of 4.09 and a beta of 1.10. ANSYS, Inc. has a 1-year low of $283.39 and a 1-year high of $364.31. The business has a fifty day moving average price of $333.34 and a two-hundred day moving average price of $324.63. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ANSS. StockNews.com downgraded shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Thursday, November 14th. Robert W. Baird increased their price objective on ANSYS from $350.00 to $365.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. One equities 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 MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $342.50.

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.