142,793 Shares in ANSYS, Inc. (NASDAQ:ANSS) Bought by Raiffeisen Bank International AG

Raiffeisen Bank International AG bought a new position in shares of ANSYS, Inc. (NASDAQ:ANSS) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 142,793 shares of the software maker’s stock, valued at approximately $48,253,000. Raiffeisen Bank International AG owned about 0.16% of ANSYS as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. bought a new stake in shares of ANSYS in the 4th quarter valued at $27,000. Quarry LP lifted its holdings in shares of ANSYS by 1,550.0% in the fourth quarter. Quarry LP now owns 99 shares of the software maker’s stock valued at $33,000 after purchasing an additional 93 shares in the last quarter. Assetmark Inc. lifted its position in shares of ANSYS by 468.2% during the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock valued at $42,000 after purchasing an additional 103 shares in the last quarter. Millstone Evans Group LLC purchased a new position in shares of ANSYS in the 4th quarter worth approximately $42,000. Finally, Kapitalo Investimentos Ltda bought a new stake in ANSYS in the fourth quarter worth about $43,000. 92.39% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ANSS has been the subject of a number of analyst reports. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a report on Wednesday, May 7th. Rosenblatt Securities increased their price objective on ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 21st.

Insider Buying and Selling at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $300.01, for a total transaction of $60,002.00. Following the completion of the sale, the director now directly owns 3,230 shares in the company, valued at approximately $969,032.30. The trade was a 5.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.61% of the company’s stock.

ANSYS Price Performance

Shares of NASDAQ:ANSS opened at $347.87 on Thursday. The firm has a market cap of $30.58 billion, a price-to-earnings ratio of 53.11, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21. ANSYS, Inc. has a fifty-two week low of $275.06 and a fifty-two week high of $363.03. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. The business has a 50-day simple moving average of $316.09 and a two-hundred day simple moving average of $332.16.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.11). The firm had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.39 earnings per share. On average, analysts expect that ANSYS, Inc. will post 8.32 earnings per share for the current year.

About ANSYS

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.