Teacher Retirement System of Texas purchased a new position in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 818 shares of the software maker's stock, valued at approximately $276,000.
A number of other large investors also recently modified their holdings of the company. Glenmede Trust Co. NA boosted its position in ANSYS by 2.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,973 shares of the software maker's stock worth $947,000 after purchasing an additional 61 shares during the period. Public Sector Pension Investment Board boosted its position in shares of ANSYS by 14.9% in the third quarter. Public Sector Pension Investment Board now owns 3,847 shares of the software maker's stock worth $1,226,000 after buying an additional 500 shares during the period. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of ANSYS by 29.1% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 16,100 shares of the software maker's stock valued at $5,130,000 after buying an additional 3,625 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of ANSYS by 237.1% in the third quarter. Benjamin Edwards Inc. now owns 1,264 shares of the software maker's stock valued at $403,000 after buying an additional 889 shares in the last quarter. Finally, Hilltop Holdings Inc. acquired a new position in ANSYS during the 3rd quarter worth approximately $311,000. 92.39% of the stock is currently owned by hedge funds and other institutional investors.
ANSYS Stock Down 7.6 %
Shares of NASDAQ:ANSS traded down $23.60 during midday trading on Friday, reaching $286.85. The company had a trading volume of 1,315,228 shares, compared to its average volume of 461,859. The stock has a market capitalization of $25.14 billion, a P/E ratio of 43.79, a PEG ratio of 3.48 and a beta of 1.20. The stock's fifty day moving average price is $330.70 and its 200-day moving average price is $334.24. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01. ANSYS, Inc. has a one year low of $285.93 and a one year high of $363.03.
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). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The company had revenue of $882.17 million for the quarter, compared to the consensus estimate of $864.46 million. Equities research analysts expect that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on ANSS shares. StockNews.com lowered shares of ANSYS from a "buy" rating to a "hold" rating in a research note on Friday, March 21st. 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 report on Friday, February 21st.
Read Our Latest Research Report on ANSS
Insider Buying and Selling at ANSYS
In other news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $336.62, for a total transaction of $67,324.00. Following the sale, the director now owns 3,430 shares of the company's stock, valued at approximately $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.46% of the stock is currently owned by company insiders.
ANSYS Profile
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Free Report)
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.
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