Ansys, Inc. (ANSS) Director Barbara Vaughn Scherer Sells 1,000 Shares of Stock
Ansys, Inc. (NASDAQ:ANSS) Director Barbara Vaughn Scherer sold 1,000 shares of Ansys stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $150.00, for a total value of $150,000.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Ansys, Inc. (NASDAQ:ANSS) traded down $0.89 during midday trading on Friday, reaching $150.57. The company’s stock had a trading volume of 355,264 shares, compared to its average volume of 550,195. The stock has a market cap of $12,670.00, a PE ratio of 42.69 and a beta of 1.05. Ansys, Inc. has a fifty-two week low of $91.89 and a fifty-two week high of $155.14.
Ansys (NASDAQ:ANSS) last released its quarterly earnings results on Wednesday, November 1st. The software maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.10. The business had revenue of $276.77 million during the quarter, compared to analysts’ expectations of $263.77 million. Ansys had a return on equity of 13.19% and a net margin of 26.72%. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.95 EPS. equities analysts forecast that Ansys, Inc. will post 3.57 EPS for the current fiscal year.
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ANSS has been the topic of several recent analyst reports. Zacks Investment Research raised Ansys from a “hold” rating to a “buy” rating and set a $139.00 target price on the stock in a research note on Tuesday, October 3rd. Evercore ISI reissued a “hold” rating and set a $113.00 target price on shares of Ansys in a research note on Wednesday, September 13th. Needham & Company LLC reissued a “hold” rating on shares of Ansys in a research note on Friday, November 3rd. Robert W. Baird reissued an “outperform” rating and set a $155.00 target price (up previously from $130.00) on shares of Ansys in a research note on Friday, November 3rd. Finally, Wedbush reissued a “neutral” rating and set a $114.00 target price (down previously from $136.00) on shares of Ansys in a research note on Friday, November 3rd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $128.91.
Several institutional investors have recently made changes to their positions in ANSS. OppenheimerFunds Inc. purchased a new position in shares of Ansys in the 1st quarter worth approximately $247,000. Teachers Advisors LLC boosted its holdings in shares of Ansys by 8.2% in the 1st quarter. Teachers Advisors LLC now owns 103,507 shares of the software maker’s stock worth $11,062,000 after purchasing an additional 7,876 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Ansys by 2.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 298,119 shares of the software maker’s stock worth $31,859,000 after purchasing an additional 7,194 shares during the period. HighTower Advisors LLC purchased a new position in shares of Ansys in the 1st quarter worth approximately $249,000. Finally, Bank of Montreal Can boosted its holdings in shares of Ansys by 39.6% in the 2nd quarter. Bank of Montreal Can now owns 53,258 shares of the software maker’s stock worth $6,479,000 after purchasing an additional 15,095 shares during the period. Hedge funds and other institutional investors own 97.60% of the company’s stock.
ANSYS, Inc (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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