Commerzbank Aktiengesellschaft FI boosted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 58.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,783 shares of the software maker’s stock after buying an additional 5,072 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in ANSYS were worth $3,051,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Meeder Asset Management Inc. increased its position in shares of ANSYS by 14.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 1,646 shares of the software maker’s stock valued at $364,000 after acquiring an additional 209 shares during the period. Advisor Partners LLC increased its position in shares of ANSYS by 3.7% in the 3rd quarter. Advisor Partners LLC now owns 1,764 shares of the software maker’s stock valued at $390,000 after acquiring an additional 63 shares during the period. Signaturefd LLC increased its position in shares of ANSYS by 107.7% in the 3rd quarter. Signaturefd LLC now owns 378 shares of the software maker’s stock valued at $84,000 after acquiring an additional 196 shares during the period. Assenagon Asset Management S.A. acquired a new position in shares of ANSYS in the 3rd quarter valued at $11,037,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of ANSYS by 8.1% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 12,753 shares of the software maker’s stock valued at $2,823,000 after acquiring an additional 952 shares during the period. Institutional investors own 93.80% of the company’s stock.
ANSYS stock opened at $218.43 on Monday. ANSYS, Inc. has a fifty-two week low of $136.80 and a fifty-two week high of $229.20. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.24 and a current ratio of 2.24. The firm has a 50 day moving average price of $216.90 and a 200 day moving average price of $202.47. The company has a market capitalization of $18.58 billion, a PE ratio of 41.93 and a beta of 1.39.
ANSYS (NASDAQ:ANSS) last posted its earnings results on Monday, August 5th. The software maker reported $1.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.25. ANSYS had a net margin of 31.53% and a return on equity of 17.17%. The firm had revenue of $370.51 million during the quarter, compared to the consensus estimate of $338.31 million. During the same quarter last year, the firm earned $1.35 EPS. The firm’s revenue for the quarter was up 20.0% on a year-over-year basis. As a group, equities research analysts forecast that ANSYS, Inc. will post 5.2 earnings per share for the current year.
In related news, VP Janet Lee sold 1,174 shares of ANSYS stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $215.26, for a total value of $252,715.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.11% of the stock is currently owned by company insiders.
Several equities research analysts have weighed in on ANSS shares. BidaskClub downgraded ANSYS from a “strong-buy” rating to a “buy” rating in a research report on Friday. Guggenheim reiterated a “buy” rating on shares of ANSYS in a report on Wednesday, September 4th. Benchmark raised their price target on shares of ANSYS from $210.00 to $230.00 and gave the stock a “buy” rating in a report on Wednesday, September 11th. Griffin Securities upgraded shares of ANSYS from a “neutral” rating to a “buy” rating and set a $240.00 price target for the company in a report on Friday, September 13th. Finally, ValuEngine downgraded shares of ANSYS from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $220.50.
ANSYS, Inc develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company's engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization.
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