ANSYS, Inc. (ANSS) Stake Raised by Advisor Group Inc.
Advisor Group Inc. grew its position in ANSYS, Inc. (NASDAQ:ANSS) by 19.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,313 shares of the software maker’s stock after purchasing an additional 697 shares during the period. Advisor Group Inc.’s holdings in ANSYS were worth $530,000 as of its most recent filing with the SEC.
Other large investors have also recently modified their holdings of the company. Los Angeles Capital Management & Equity Research Inc. raised its holdings in shares of ANSYS by 18.3% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 90,125 shares of the software maker’s stock valued at $11,061,000 after buying an additional 13,948 shares during the last quarter. Toronto Dominion Bank raised its holdings in shares of ANSYS by 9.2% in the third quarter. Toronto Dominion Bank now owns 39,373 shares of the software maker’s stock valued at $4,834,000 after buying an additional 3,321 shares during the last quarter. AKO Capital LLP raised its holdings in shares of ANSYS by 5.5% in the third quarter. AKO Capital LLP now owns 341,047 shares of the software maker’s stock valued at $41,857,000 after buying an additional 17,781 shares during the last quarter. Sei Investments Co. raised its holdings in shares of ANSYS by 14.7% in the third quarter. Sei Investments Co. now owns 132,941 shares of the software maker’s stock valued at $16,315,000 after buying an additional 17,008 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of ANSYS by 52.3% in the third quarter. BNP Paribas Arbitrage SA now owns 52,775 shares of the software maker’s stock valued at $6,477,000 after buying an additional 18,115 shares during the last quarter. Institutional investors own 96.00% of the company’s stock.
A number of research analysts recently issued reports on the company. Zacks Investment Research raised ANSYS from a “hold” rating to a “buy” rating and set a $169.00 price target for the company in a report on Tuesday, November 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of ANSYS in a report on Friday, November 3rd. Citigroup Inc. lifted their price target on ANSYS from $125.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. Wedbush reaffirmed a “neutral” rating and issued a $114.00 price target (down from $136.00) on shares of ANSYS in a report on Friday, November 3rd. Finally, Royal Bank Of Canada lifted their price target on ANSYS from $130.00 to $147.00 and gave the company a “sector perform” rating in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $128.91.
In other ANSYS news, VP Shane Emswiler sold 12,504 shares of the business’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $151.96, for a total transaction of $1,900,107.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Barbara Vaughn Scherer sold 1,000 shares of the business’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $150.00, for a total value of $150,000.00. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.
Shares of ANSYS, Inc. (NASDAQ:ANSS) opened at $151.91 on Friday. The firm has a market capitalization of $12,769.80, a PE ratio of 42.99 and a beta of 1.05. ANSYS, Inc. has a twelve month low of $91.89 and a twelve month high of $155.14.
ANSYS (NASDAQ:ANSS) last announced its quarterly earnings data on Wednesday, November 1st. The software maker reported $1.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.95 by $0.10. The firm had revenue of $276.77 million during the quarter, compared to analysts’ expectations of $263.77 million. ANSYS had a return on equity of 13.67% and a net margin of 26.01%. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.95 EPS. equities analysts anticipate that ANSYS, Inc. will post 3.57 EPS for the current year.
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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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