ANSYS, Inc. (ANSS) Position Raised by Robecosam AG
Robecosam AG boosted its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 30.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,976 shares of the software maker’s stock after purchasing an additional 36,430 shares during the period. ANSYS makes up 1.5% of Robecosam AG’s portfolio, making the stock its 18th biggest position. Robecosam AG owned 0.18% of ANSYS worth $18,850,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ANSS. Creative Planning grew its holdings in ANSYS by 68.6% during the 2nd quarter. Creative Planning now owns 875 shares of the software maker’s stock worth $106,000 after acquiring an additional 356 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in ANSYS by 7.5% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 995 shares of the software maker’s stock worth $121,000 after acquiring an additional 69 shares in the last quarter. Parallax Volatility Advisers L.P. acquired a new position in ANSYS during the 2nd quarter worth $138,000. Dupont Capital Management Corp acquired a new position in ANSYS during the 2nd quarter worth $149,000. Finally, Fiduciary Trust Co. acquired a new position in ANSYS during the 2nd quarter worth $170,000. 96.00% of the stock is owned by institutional investors and hedge funds.
ANSYS, Inc. (ANSS) opened at $150.48 on Friday. ANSYS, Inc. has a fifty-two week low of $91.89 and a fifty-two week high of $155.14. The company has a market cap of $12,769.80, a PE ratio of 42.99 and a beta of 1.05.
ANSYS (NASDAQ:ANSS) last posted its quarterly earnings results on Wednesday, November 1st. The software maker reported $1.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.10. ANSYS had a net margin of 26.01% and a return on equity of 13.67%. The business had revenue of $276.77 million during the quarter, compared to analyst estimates of $263.77 million. During the same period in the previous year, the business posted $0.95 EPS. The company’s quarterly revenue was up 12.6% on a year-over-year basis. research analysts predict that ANSYS, Inc. will post 3.57 EPS for the current year.
ANSS has been the subject of several recent analyst reports. Zacks Investment Research raised shares of ANSYS from a “hold” rating to a “buy” rating and set a $139.00 price objective for the company in a report on Tuesday, October 3rd. Evercore ISI reissued a “hold” rating and set a $113.00 price objective on shares of ANSYS in a report on Wednesday, September 13th. Needham & Company LLC reissued a “hold” rating on shares of ANSYS in a report on Friday, November 3rd. Robert W. Baird reissued an “outperform” rating and set a $155.00 price objective (up from $130.00) on shares of ANSYS in a report on Friday, November 3rd. Finally, Wedbush reissued a “neutral” rating and set a $114.00 price objective (down from $136.00) on shares of ANSYS in a report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. ANSYS presently has an average rating of “Hold” and an average target price of $128.91.
In related news, Director Barbara Vaughn Scherer sold 1,000 shares of ANSYS stock in a transaction dated 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 can be accessed through this link. Also, VP Shane Emswiler sold 12,504 shares of ANSYS stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $151.96, for a total transaction of $1,900,107.84. The disclosure for this sale can be found here. Insiders own 1.30% 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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