ANSYS, Inc. (NASDAQ:ANSS) Shares Bought by Signaturefd LLC

Signaturefd LLC boosted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 7.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,334 shares of the software maker’s stock after acquiring an additional 87 shares during the period. Signaturefd LLC’s holdings in ANSYS were worth $425,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Swedbank AB purchased a new stake in ANSYS in the first quarter valued at approximately $128,089,000. M&G Plc purchased a new position in shares of ANSYS in the first quarter valued at $115,922,000. Magnetar Financial LLC purchased a new position in shares of ANSYS in the first quarter valued at $72,797,000. Matrix Capital Management Company LP purchased a new position in shares of ANSYS in the first quarter valued at $50,338,000. Finally, Canada Pension Plan Investment Board boosted its stake in shares of ANSYS by 1,052.9% in the first quarter. Canada Pension Plan Investment Board now owns 99,263 shares of the software maker’s stock valued at $34,460,000 after purchasing an additional 90,653 shares during the period. Institutional investors and hedge funds own 92.39% of the company’s stock.

ANSYS Trading Up 0.4 %

NASDAQ ANSS opened at $322.81 on Friday. ANSYS, Inc. has a 12 month low of $258.01 and a 12 month high of $364.31. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.95 and a quick ratio of 2.95. The company has a market capitalization of $28.18 billion, a price-to-earnings ratio of 64.82, a price-to-earnings-growth ratio of 6.99 and a beta of 1.11. The company’s fifty day moving average price is $320.44 and its two-hundred day moving average price is $322.14.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings data on Wednesday, July 31st. The software maker reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.58. ANSYS had a net margin of 21.30% and a return on equity of 11.51%. The firm had revenue of $594.14 million for the quarter, compared to the consensus estimate of $550.30 million. During the same period in the prior year, the firm posted $1.06 EPS. The firm’s revenue was up 19.6% compared to the same quarter last year. As a group, research analysts predict that ANSYS, Inc. will post 7.32 earnings per share for the current fiscal year.

Insider Transactions at ANSYS

In other news, Director Glenda Dorchak sold 152 shares of the firm’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $313.61, for a total value of $47,668.72. Following the transaction, the director now directly owns 3,630 shares in the company, valued at approximately $1,138,404.30. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on ANSS. StockNews.com began coverage on shares of ANSYS in a research note on Sunday, September 22nd. They issued a “hold” rating for the company. Rosenblatt Securities decreased their target price on shares of ANSYS from $345.00 to $335.00 and set a “neutral” rating for the company in a research note on Tuesday, August 6th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, ANSYS has an average rating of “Hold” and an average price target of $318.33.

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.