Trillium Asset Management LLC boosted its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 1.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,316 shares of the software maker’s stock after purchasing an additional 742 shares during the quarter. Trillium Asset Management LLC’s holdings in ANSYS were worth $12,847,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Alpine Woods Capital Investors LLC raised its position in shares of ANSYS by 3.8% in the 1st quarter. Alpine Woods Capital Investors LLC now owns 9,588 shares of the software maker’s stock valued at $1,752,000 after buying an additional 355 shares in the last quarter. Toronto Dominion Bank raised its position in shares of ANSYS by 14.9% in the 1st quarter. Toronto Dominion Bank now owns 58,543 shares of the software maker’s stock valued at $10,694,000 after buying an additional 7,584 shares in the last quarter. Mn Services Vermogensbeheer B.V. raised its position in shares of ANSYS by 1.1% in the 1st quarter. Mn Services Vermogensbeheer B.V. now owns 46,232 shares of the software maker’s stock valued at $8,447,000 after buying an additional 500 shares in the last quarter. State Treasurer State of Michigan raised its position in shares of ANSYS by 0.8% in the 1st quarter. State Treasurer State of Michigan now owns 24,100 shares of the software maker’s stock valued at $4,403,000 after buying an additional 200 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV raised its position in shares of ANSYS by 3.2% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 6,786 shares of the software maker’s stock valued at $1,240,000 after buying an additional 213 shares in the last quarter. Institutional investors and hedge funds own 93.75% of the company’s stock.

In other ANSYS news, CFO Maria T. Shields sold 13,704 shares of the business’s stock in a transaction that occurred on Thursday, February 28th. The shares were sold at an average price of $182.23, for a total transaction of $2,497,279.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ajei Gopal sold 883 shares of the business’s stock in a transaction that occurred on Thursday, February 28th. The stock was sold at an average price of $186.00, for a total transaction of $164,238.00. The disclosure for this sale can be found here. Insiders have sold a total of 58,676 shares of company stock worth $10,658,783 over the last ninety days. 1.11% of the stock is currently owned by insiders.

Shares of ANSYS stock traded up $0.56 during midday trading on Wednesday, hitting $186.59. 42,598 shares of the company traded hands, compared to its average volume of 425,008. The firm has a market capitalization of $15.44 billion, a PE ratio of 35.81 and a beta of 1.36. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.03. ANSYS, Inc. has a 12 month low of $136.80 and a 12 month high of $197.05.

ANSYS (NASDAQ:ANSS) last announced its quarterly earnings results on Wednesday, May 1st. The software maker reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.11. The company had revenue of $319.91 million for the quarter, compared to analyst estimates of $306.17 million. ANSYS had a net margin of 31.73% and a return on equity of 17.08%. The firm’s revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.22 EPS. As a group, research analysts anticipate that ANSYS, Inc. will post 5.07 earnings per share for the current year.

ANSS has been the subject of several analyst reports. Citigroup boosted their target price on shares of ANSYS from $203.00 to $212.00 and gave the company an “overweight” rating in a research report on Thursday, May 2nd. Mitsubishi UFJ Financial Group boosted their target price on shares of ANSYS to $203.00 and gave the company an “overweight” rating in a research report on Thursday, February 28th. KeyCorp initiated coverage on shares of ANSYS in a research report on Wednesday, April 10th. They issued a “sector weight” rating for the company. Wedbush boosted their target price on shares of ANSYS from $192.00 to $201.00 and gave the company an “outperform” rating in a research report on Friday, March 1st. Finally, Zacks Investment Research upgraded shares of ANSYS from a “hold” rating to a “buy” rating and set a $211.00 target price for the company in a research report on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $188.14.

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About ANSYS

ANSYS, Inc develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company's engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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