Versor Investments LP Has $8.36 Million Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Versor Investments LP raised its stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) by 12.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,225 shares of the software maker's stock after acquiring an additional 2,819 shares during the period. ANSYS comprises approximately 1.3% of Versor Investments LP's investment portfolio, making the stock its 4th largest holding. Versor Investments LP's holdings in ANSYS were worth $8,356,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in ANSYS by 0.7% during the first quarter. Vanguard Group Inc. now owns 10,234,642 shares of the software maker's stock worth $3,553,058,000 after acquiring an additional 73,585 shares during the period. Earnest Partners LLC raised its stake in shares of ANSYS by 2.5% during the 2nd quarter. Earnest Partners LLC now owns 607,029 shares of the software maker's stock worth $195,160,000 after purchasing an additional 15,012 shares during the period. Impax Asset Management Group plc boosted its holdings in shares of ANSYS by 8.0% in the 3rd quarter. Impax Asset Management Group plc now owns 603,394 shares of the software maker's stock worth $192,259,000 after buying an additional 44,605 shares during the last quarter. DekaBank Deutsche Girozentrale grew its position in ANSYS by 4.6% during the second quarter. DekaBank Deutsche Girozentrale now owns 522,613 shares of the software maker's stock valued at $167,985,000 after buying an additional 22,836 shares during the period. Finally, Sei Investments Co. increased its holdings in ANSYS by 1.6% during the second quarter. Sei Investments Co. now owns 423,892 shares of the software maker's stock worth $136,281,000 after buying an additional 6,867 shares during the last quarter. 92.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ANSS has been the topic of a number of research analyst reports. Robert W. Baird boosted their target price on shares of ANSYS from $350.00 to $365.00 and gave the company an "outperform" rating in a research note on Thursday. StockNews.com lowered ANSYS from a "buy" rating to a "hold" rating in a report on Wednesday, November 6th. Finally, Rosenblatt Securities decreased their target price on ANSYS from $345.00 to $335.00 and set a "neutral" rating for the company in a research report on Tuesday, August 6th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $333.00.

Insider Buying and Selling

In other ANSYS news, Director Glenda Dorchak sold 152 shares of ANSYS stock in a transaction that occurred on 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 of the company's stock, valued at approximately $1,138,404.30. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.46% of the stock is currently owned by corporate insiders.

ANSYS Price Performance

NASDAQ:ANSS traded up $4.15 during midday trading on Monday, hitting $346.33. The company had a trading volume of 321,107 shares, compared to its average volume of 438,938. The company has a quick ratio of 2.95, a current ratio of 3.11 and a debt-to-equity ratio of 0.13. The stock's fifty day moving average price is $321.88 and its 200-day moving average price is $321.86. ANSYS, Inc. has a 52-week low of $275.81 and a 52-week high of $364.31. The company has a market capitalization of $30.29 billion, a PE ratio of 53.45, a P/E/G ratio of 7.33 and a beta of 1.11.

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.