ANSYS, Inc. (NASDAQ:ANSS) Shares Purchased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA lifted its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 4.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,884 shares of the software maker’s stock after purchasing an additional 640 shares during the period. Union Bancaire Privee UBP SA’s holdings in ANSYS were worth $4,151,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. NBC Securities Inc. purchased a new stake in shares of ANSYS in the first quarter valued at approximately $31,000. Quarry LP grew its stake in 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 during the period. Assetmark Inc. increased its holdings 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 acquiring an additional 103 shares in the last quarter. Millstone Evans Group LLC acquired a new position in ANSYS during the fourth quarter worth $42,000. Finally, Kapitalo Investimentos Ltda acquired a new position in ANSYS during the fourth quarter worth $43,000. Institutional investors and hedge funds own 92.39% of the company’s stock.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $300.01, for a total value of $60,002.00. Following the completion of the sale, the director now owns 3,230 shares of the company’s stock, valued at approximately $969,032.30. This trade represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.61% of the company’s stock.

Analysts Set New Price Targets

ANSS has been the topic of several research analyst reports. Rosenblatt Securities lifted their target price on shares of ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 21st. Wall Street Zen cut ANSYS from a “buy” rating to a “hold” rating in a report on Wednesday, May 7th.

ANSYS Stock Up 0.1%

NASDAQ ANSS opened at $346.53 on Thursday. The business has a fifty day moving average price of $324.44 and a 200 day moving average price of $332.70. 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 company has a market cap of $30.47 billion, a P/E ratio of 52.91, a P/E/G ratio of 3.48 and a beta of 1.19. ANSYS, Inc. has a one year low of $275.06 and a one year high of $363.03.

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

ANSYS Company 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.