Livforsakringsbolaget Skandia Omsesidigt Has $210,000 Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Livforsakringsbolaget Skandia Omsesidigt cut its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 91.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 623 shares of the software maker’s stock after selling 6,450 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in ANSYS were worth $210,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. boosted its stake in ANSYS by 1.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 525,565 shares of the software maker’s stock valued at $177,289,000 after purchasing an additional 6,786 shares during the period. Strategic Financial Concepts LLC acquired a new position in shares of ANSYS in the fourth quarter valued at about $5,576,000. Bleakley Financial Group LLC increased its position in ANSYS by 4.7% during the fourth quarter. Bleakley Financial Group LLC now owns 1,928 shares of the software maker’s stock worth $650,000 after acquiring an additional 87 shares during the period. Choreo LLC raised its stake in ANSYS by 50.0% in the 4th quarter. Choreo LLC now owns 2,781 shares of the software maker’s stock worth $940,000 after purchasing an additional 927 shares in the last quarter. Finally, Ninety One North America Inc. boosted its holdings in ANSYS by 0.4% in the 4th quarter. Ninety One North America Inc. now owns 55,430 shares of the software maker’s stock valued at $18,698,000 after purchasing an additional 216 shares during the period. Institutional investors own 92.39% of the company’s stock.

ANSYS Stock Performance

NASDAQ ANSS opened at $344.86 on Friday. The firm’s 50 day simple moving average is $344.34 and its 200 day simple moving average is $330.51. The firm has a market capitalization of $30.16 billion, a price-to-earnings ratio of 53.22, a P/E/G ratio of 3.65 and a beta of 1.12. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13. ANSYS, Inc. has a 1 year low of $289.82 and a 1 year high of $363.03.

Analyst Ratings Changes

A number of research firms have recently weighed in on ANSS. StockNews.com downgraded shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. Robert W. Baird upped their target price on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $346.67.

Insider Buying and Selling at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the company’s stock in a transaction on Monday, January 13th. The stock was 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. This represents a 5.51 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.46% of the company’s stock.

ANSYS 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.