ANSYS, Inc. (NASDAQ:ANSS) Holdings Lowered by Cetera Investment Advisers

Cetera Investment Advisers decreased its stake in ANSYS, Inc. (NASDAQ:ANSS) by 0.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,012 shares of the software maker’s stock after selling 112 shares during the quarter. Cetera Investment Advisers’ holdings in ANSYS were worth $4,052,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Rosenblatt Securities raised their target price on ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 21st. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a research report on Wednesday, May 7th.

Insider Transactions at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the stock in a transaction on Monday, April 14th. The shares were sold at an average price of $300.01, for a total transaction of $60,002.00. Following the transaction, the director now owns 3,230 shares in the company, valued at $969,032.30. This represents a 5.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.61% of the company’s stock.

ANSYS Stock Down 1.3%

ANSS stock opened at $343.52 on Friday. The company has a 50 day moving average of $316.58 and a two-hundred day moving average of $332.32. The company has a market cap of $30.20 billion, a price-to-earnings ratio of 52.45, a PEG ratio of 3.48 and a beta of 1.21. ANSYS, Inc. has a 12-month low of $275.06 and a 12-month high of $363.03. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12.

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