ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by Ownership Capital B.V.

Ownership Capital B.V. cut its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,095,090 shares of the software maker’s stock after selling 37,364 shares during the quarter. ANSYS comprises about 8.9% of Ownership Capital B.V.’s holdings, making the stock its largest position. Ownership Capital B.V. owned 1.26% of ANSYS worth $397,386,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ANSS. Vanguard Group Inc. grew its holdings in ANSYS by 0.3% in the third quarter. Vanguard Group Inc. now owns 10,028,851 shares of the software maker’s stock worth $2,984,085,000 after purchasing an additional 25,426 shares during the period. Bamco Inc. NY grew its holdings in ANSYS by 0.6% in the third quarter. Bamco Inc. NY now owns 2,002,717 shares of the software maker’s stock worth $595,908,000 after purchasing an additional 11,774 shares during the period. Wellington Management Group LLP grew its holdings in ANSYS by 167.4% in the third quarter. Wellington Management Group LLP now owns 1,286,790 shares of the software maker’s stock worth $382,884,000 after purchasing an additional 805,657 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its holdings in ANSYS by 3.8% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,265,371 shares of the software maker’s stock worth $376,511,000 after purchasing an additional 46,628 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its holdings in ANSYS by 7.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,195,065 shares of the software maker’s stock worth $355,592,000 after purchasing an additional 81,457 shares during the period. 92.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ANSS shares. Wolfe Research restated a “peer perform” rating on shares of ANSYS in a report on Wednesday, January 17th. StockNews.com started coverage on shares of ANSYS in a report on Tuesday. They issued a “hold” rating for the company. Barclays raised their price target on shares of ANSYS from $314.00 to $340.00 and gave the stock an “underweight” rating in a report on Thursday, February 22nd. Mizuho reduced their price objective on shares of ANSYS from $350.00 to $330.00 and set a “neutral” rating for the company in a report on Wednesday, January 17th. Finally, Rosenblatt Securities reiterated a “neutral” rating and set a $345.00 price objective on shares of ANSYS in a report on Tuesday, March 5th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $320.00.

ANSYS Stock Up 2.1 %

Shares of ANSS traded up $6.71 during trading hours on Friday, reaching $333.75. 251,788 shares of the stock traded hands, compared to its average volume of 322,008. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.14. The stock has a fifty day simple moving average of $336.80 and a 200 day simple moving average of $321.39. ANSYS, Inc. has a 52 week low of $258.01 and a 52 week high of $364.31. The company has a market cap of $29.14 billion, a price-to-earnings ratio of 58.25, a PEG ratio of 5.13 and a beta of 1.16.

ANSYS (NASDAQ:ANSS) last released its quarterly earnings results on Wednesday, February 21st. The software maker reported $3.94 earnings per share for the quarter, beating analysts’ consensus estimates of $3.71 by $0.23. ANSYS had a net margin of 22.05% and a return on equity of 11.83%. The company had revenue of $805.10 million for the quarter, compared to analyst estimates of $797.49 million. During the same period last year, the firm earned $2.61 earnings per share. The firm’s revenue was up 15.9% on a year-over-year basis. On average, equities analysts forecast that ANSYS, Inc. will post 7.39 EPS for the current year.

Insider Activity at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 150 shares of ANSYS stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $342.08, for a total value of $51,312.00. Following the sale, the director now owns 3,049 shares of the company’s stock, valued at $1,043,001.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.53% of the stock is owned by insiders.

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.