Dimensional Fund Advisors LP raised its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 2.5% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 298,119 shares of the software maker’s stock after buying an additional 7,194 shares during the period. Dimensional Fund Advisors LP’s holdings in ANSYS were worth $31,859,000 as of its most recent filing with the SEC.
Other large investors have also recently made changes to their positions in the company. Huntington National Bank boosted its stake in shares of ANSYS by 0.6% in the first quarter. Huntington National Bank now owns 1,549 shares of the software maker’s stock valued at $166,000 after buying an additional 9 shares during the last quarter. Gofen & Glossberg LLC IL boosted its stake in shares of ANSYS by 1.6% in the first quarter. Gofen & Glossberg LLC IL now owns 2,535 shares of the software maker’s stock worth $271,000 after buying an additional 40 shares during the last quarter. Pacer Advisors Inc. boosted its stake in shares of ANSYS by 2.9% in the first quarter. Pacer Advisors Inc. now owns 1,539 shares of the software maker’s stock worth $164,000 after buying an additional 44 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its stake in shares of ANSYS by 3.3% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 2,308 shares of the software maker’s stock worth $231,000 after buying an additional 74 shares during the last quarter. Finally, Bell Bank boosted its stake in shares of ANSYS by 3.9% in the first quarter. Bell Bank now owns 2,764 shares of the software maker’s stock worth $295,000 after buying an additional 105 shares during the last quarter. 98.32% of the stock is owned by institutional investors and hedge funds.
ANSYS, Inc. (ANSS) opened at 125.61 on Friday. ANSYS, Inc. has a 12-month low of $82.28 and a 12-month high of $131.63. The company has a 50-day moving average price of $125.11 and a 200 day moving average price of $115.03. The company has a market cap of $10.65 billion, a PE ratio of 40.36 and a beta of 1.10.
ANSYS (NASDAQ:ANSS) last announced its earnings results on Wednesday, August 2nd. The software maker reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.07. The business had revenue of $264.30 million during the quarter, compared to analyst estimates of $259.75 million. ANSYS had a net margin of 26.37% and a return on equity of 13.87%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.93 EPS. On average, analysts forecast that ANSYS, Inc. will post $3.86 EPS for the current fiscal year.
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A number of brokerages have issued reports on ANSS. Zacks Investment Research raised ANSYS from a “sell” rating to a “hold” rating in a research report on Monday, August 7th. BidaskClub upgraded ANSYS from a “buy” rating to a “strong-buy” rating in a report on Friday, August 4th. Goldman Sachs Group, Inc. (The) started coverage on ANSYS in a research note on Monday, July 17th. They issued a “neutral” rating and a $112.00 target price for the company. Evercore ISI set a $113.00 target price on ANSYS and gave the company a “hold” rating in a research note on Saturday, June 10th. Finally, Wedbush lowered their price target on ANSYS from $114.00 to $101.00 and set a “neutral” rating on the stock in a research report on Monday, May 15th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. ANSYS presently has a consensus rating of “Hold” and a consensus target price of $105.75.
In other news, Director Michael Thurk sold 4,800 shares of the business’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $123.95, for a total transaction of $594,960.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Patrick J. Zilvitis sold 2,000 shares of the business’s stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $124.00, for a total transaction of $248,000.00. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.
ANSYS Company Profile
ANSYS, Inc (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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