Dassault Systemes (OTCMKTS:DASTY – Get Free Report) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.
Other equities analysts also recently issued reports about the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of Dassault Systemes in a research note on Monday, April 20th. The Goldman Sachs Group lowered Dassault Systemes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on DASTY
Dassault Systemes Stock Up 2.3%
Institutional Inflows and Outflows
A hedge fund recently raised its position in Dassault Systemes stock. GAMMA Investing LLC grew its stake in shares of Dassault Systemes SA (OTCMKTS:DASTY – Free Report) by 49.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,866 shares of the technology company’s stock after purchasing an additional 951 shares during the quarter. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.03% of the company’s stock.
Dassault Systemes Company Profile
Dassault Systèmes is a France-based software company that develops solutions for 3D design, digital mock-up and product lifecycle management (PLM). Founded as a technology spin-off from Dassault Aviation in 1981, the company is headquartered near Paris and has grown into a global provider of engineering and business software used to model, simulate and manage products and processes across their lifecycles. Its platforms and applications are aimed at enabling digital continuity from ideation and design through manufacturing, operation and service.
The company’s product portfolio centers on the 3DEXPERIENCE platform, which integrates applications for computer-aided design (CAD), simulation, data management and collaboration.
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