3,569 Shares in ANSYS, Inc. (NASDAQ:ANSS) Purchased by Vinva Investment Management Ltd

Vinva Investment Management Ltd acquired a new position in shares of ANSYS, Inc. (NASDAQ:ANSS) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 3,569 shares of the software maker’s stock, valued at approximately $1,206,000.

Several other large investors have also recently modified their holdings of the business. Xponance Inc. increased its stake in shares of ANSYS by 0.7% in the fourth quarter. Xponance Inc. now owns 11,954 shares of the software maker’s stock worth $4,032,000 after purchasing an additional 87 shares in the last quarter. Intech Investment Management LLC increased its stake in shares of ANSYS by 14.6% in the fourth quarter. Intech Investment Management LLC now owns 991 shares of the software maker’s stock worth $334,000 after purchasing an additional 126 shares in the last quarter. Generali Asset Management SPA SGR purchased a new position in shares of ANSYS in the fourth quarter worth about $1,719,000. Signaturefd LLC increased its stake in shares of ANSYS by 7.3% in the fourth quarter. Signaturefd LLC now owns 1,431 shares of the software maker’s stock worth $483,000 after purchasing an additional 97 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of ANSYS by 17.8% in the fourth quarter. Parallel Advisors LLC now owns 942 shares of the software maker’s stock worth $318,000 after purchasing an additional 142 shares in the last quarter. Hedge funds and other institutional investors own 92.39% of the company’s stock.

Insider Buying and Selling at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of the sale, the director now directly owns 3,430 shares in the company, valued at $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.46% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. StockNews.com upgraded shares of ANSYS from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Rosenblatt Securities raised their price objective on shares of ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 21st.

ANSYS Price Performance

ANSS stock opened at $324.63 on Friday. The firm has a 50 day moving average of $337.38 and a 200-day moving average of $333.64. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The firm has a market capitalization of $28.45 billion, a P/E ratio of 49.56, a price-to-earnings-growth ratio of 3.48 and a beta of 1.11.

ANSYS (NASDAQ:ANSS) last released its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing analysts’ consensus estimates of $3.97 by ($0.32). ANSYS had a net margin of 22.62% and a return on equity of 12.69%. The firm had revenue of $882.17 million during the quarter, compared to the consensus estimate of $864.46 million. As a group, sell-side analysts predict that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

ANSYS Company Profile

ANSYS, Inc develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite.