ANSYS, Inc. (ANSS) Shares Sold by Hunter Associates Investment Management LLC
Hunter Associates Investment Management LLC reduced its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 2.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,501 shares of the software maker’s stock after selling 300 shares during the quarter. Hunter Associates Investment Management LLC’s holdings in ANSYS were worth $1,521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also bought and sold shares of the company. Creative Planning grew its holdings in shares of ANSYS by 68.6% in the second quarter. Creative Planning now owns 875 shares of the software maker’s stock valued at $106,000 after purchasing an additional 356 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in shares of ANSYS by 7.5% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 995 shares of the software maker’s stock valued at $121,000 after purchasing an additional 69 shares in the last quarter. Global X Management Co. LLC grew its holdings in shares of ANSYS by 30.6% in the first quarter. Global X Management Co. LLC now owns 1,263 shares of the software maker’s stock valued at $135,000 after purchasing an additional 296 shares in the last quarter. Dupont Capital Management Corp purchased a new position in shares of ANSYS in the second quarter valued at $149,000. Finally, Pacer Advisors Inc. grew its holdings in shares of ANSYS by 2.9% in the first quarter. Pacer Advisors Inc. now owns 1,539 shares of the software maker’s stock valued at $164,000 after purchasing an additional 44 shares in the last quarter. 96.78% of the stock is owned by hedge funds and other institutional investors.
ANSYS, Inc. (NASDAQ:ANSS) traded down 0.31% on Friday, reaching $120.45. 195,153 shares of the company’s stock traded hands. The firm has a 50-day moving average price of $126.78 and a 200-day moving average price of $119.49. The stock has a market capitalization of $10.21 billion, a price-to-earnings ratio of 38.71 and a beta of 1.07. ANSYS, Inc. has a 52 week low of $82.28 and a 52 week high of $132.74.
ANSYS (NASDAQ:ANSS) last issued its earnings results on Wednesday, August 2nd. The software maker reported $0.99 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.07. The company had revenue of $264.30 million during the quarter, compared to analysts’ expectations of $259.75 million. ANSYS had a return on equity of 13.87% and a net margin of 26.37%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.93 EPS. On average, analysts predict that ANSYS, Inc. will post $3.86 earnings per share for the current year.
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ANSS has been the subject of a number of recent research reports. Evercore ISI reissued a “hold” rating and issued a $113.00 target price on shares of ANSYS in a report on Wednesday, September 13th. Goldman Sachs Group, Inc. (The) initiated coverage on shares of ANSYS in a report on Monday, July 17th. They issued a “neutral” rating and a $112.00 target price for the company. Barclays PLC cut their target price on shares of ANSYS from $115.00 to $113.00 and set an “underweight” rating for the company in a report on Friday, September 15th. Berenberg Bank initiated coverage on shares of ANSYS in a report on Wednesday, August 23rd. They issued a “hold” rating and a $123.00 target price for the company. Finally, J P Morgan Chase & Co reissued a “sell” rating and issued a $98.00 target price on shares of ANSYS in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $114.65.
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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