Vinva Investment Management Ltd Makes New $1.21 Million Investment in ANSYS, Inc. (NASDAQ:ANSS)

Vinva Investment Management Ltd acquired a new stake in shares of ANSYS, Inc. (NASDAQ:ANSS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,569 shares of the software maker's stock, valued at approximately $1,206,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameliora Wealth Management Ltd. acquired a new stake in ANSYS in the fourth quarter valued at about $27,000. Assetmark Inc. lifted its holdings in shares of ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker's stock worth $42,000 after acquiring an additional 103 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of ANSYS in the 4th quarter valued at approximately $47,000. Allworth Financial LP grew its holdings in shares of ANSYS by 33.7% during the 4th quarter. Allworth Financial LP now owns 258 shares of the software maker's stock valued at $92,000 after purchasing an additional 65 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new position in ANSYS during the 3rd quarter worth approximately $119,000. 92.39% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction on Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of the transaction, the director now owns 3,430 shares of the company's stock, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.46% of the company's stock.

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ANSYS Trading Up 0.5 %

Shares of ANSYS stock traded up $1.53 during trading on Monday, hitting $325.73. The company's stock had a trading volume of 406,028 shares, compared to its average volume of 427,647. The stock has a market cap of $28.55 billion, a price-to-earnings ratio of 49.73, a price-to-earnings-growth ratio of 3.48 and a beta of 1.11. ANSYS, Inc. has a 52 week low of $289.82 and a 52 week high of $363.03. The stock has a 50-day moving average price of $336.88 and a two-hundred day moving average price of $334.12. 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 (NASDAQ:ANSS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The software maker reported $3.65 earnings per share for the quarter, missing the consensus estimate of $3.97 by ($0.32). The company had revenue of $882.17 million during the quarter, compared to analyst estimates of $864.46 million. ANSYS had a net margin of 22.62% and a return on equity of 12.69%. Equities research analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ANSS shares. Rosenblatt Securities raised their target price 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. StockNews.com downgraded ANSYS from a "buy" rating to a "hold" rating in a report on Friday.

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.