ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by Swiss National Bank

Swiss National Bank reduced its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 4.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 246,900 shares of the software maker's stock after selling 12,200 shares during the period. Swiss National Bank owned 0.28% of ANSYS worth $83,287,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. State Street Corp raised its holdings in shares of ANSYS by 3.0% in the third quarter. State Street Corp now owns 3,703,249 shares of the software maker's stock worth $1,179,966,000 after acquiring an additional 106,187 shares during the last quarter. Geode Capital Management LLC raised its stake in ANSYS by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,305,554 shares of the software maker's stock valued at $732,672,000 after purchasing an additional 37,577 shares during the last quarter. Impax Asset Management Group plc raised its stake in ANSYS by 8.0% in 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. Principal Financial Group Inc. lifted its holdings in ANSYS by 1.3% in the 4th quarter. Principal Financial Group Inc. now owns 570,525 shares of the software maker's stock valued at $192,456,000 after purchasing an additional 7,098 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of ANSYS by 4.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 553,193 shares of the software maker's stock worth $186,609,000 after purchasing an additional 21,051 shares during the last quarter. Hedge funds and other institutional investors own 92.39% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Rosenblatt Securities upped their price objective on shares of ANSYS from $335.00 to $340.00 and gave the company a "neutral" rating in a research note on Friday, February 21st. StockNews.com upgraded ANSYS from a "hold" rating to a "buy" rating in a report on Friday, February 21st.

ANSYS Trading Down 0.2 %

Shares of ANSS stock traded down $0.78 on Wednesday, reaching $323.04. 481,316 shares of the stock were exchanged, compared to its average volume of 429,059. ANSYS, Inc. has a 1-year low of $289.82 and a 1-year high of $363.03. The stock has a market cap of $28.32 billion, a P/E ratio of 49.32, a price-to-earnings-growth ratio of 3.48 and a beta of 1.11. 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 firm has a 50 day moving average of $338.17 and a two-hundred day moving average of $333.78.

ANSYS (NASDAQ:ANSS - Get Free Report) last posted its earnings results 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 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%. On average, research analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current year.

Insider Activity

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the business's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $336.62, for a total transaction of $67,324.00. Following the transaction, the director now owns 3,430 shares in the company, valued at $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.