609 Shares in ANSYS, Inc. (NASDAQ:ANSS) Purchased by Claret Asset Management Corp

Claret Asset Management Corp acquired a new stake in ANSYS, Inc. (NASDAQ:ANSS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 609 shares of the software maker’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. FNY Investment Advisers LLC increased its position in ANSYS by 78.7% during the 4th quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker’s stock valued at $2,036,000 after purchasing an additional 2,659 shares during the period. JPMorgan Chase & Co. grew its stake in shares of ANSYS by 34.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker’s stock valued at $123,217,000 after purchasing an additional 100,042 shares during the period. Oak Thistle LLC bought a new stake in ANSYS during the fourth quarter valued at approximately $255,000. Ulland Investment Advisors LLC increased its stake in shares of ANSYS by 107.6% in the 4th quarter. Ulland Investment Advisors LLC now owns 2,635 shares of the software maker’s stock worth $889,000 after purchasing an additional 1,366 shares in the last quarter. Finally, CCLA Investment Management increased its position in ANSYS by 11.9% in the fourth quarter. CCLA Investment Management now owns 445,891 shares of the software maker’s stock worth $150,381,000 after buying an additional 47,331 shares in the last quarter. Institutional investors own 92.39% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on ANSS. StockNews.com raised shares of ANSYS from a “hold” rating to a “buy” rating in a report on Friday. Rosenblatt Securities lifted 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 Stock Up 0.4 %

NASDAQ ANSS opened at $302.74 on Friday. The company has a market capitalization of $26.54 billion, a P/E ratio of 46.22, a P/E/G ratio of 3.48 and a beta of 1.20. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. The stock has a 50 day moving average price of $319.11 and a 200-day moving average price of $332.09. ANSYS, Inc. has a one year low of $275.06 and a one year high of $363.03.

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

Insider Transactions at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction on Monday, April 14th. The shares were sold at an average price of $300.01, for a total transaction of $60,002.00. Following the sale, the director now directly owns 3,230 shares of the company’s stock, valued at $969,032.30. The trade was a 5.83 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.46% of the company’s stock.

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.