ANSYS, Inc. (NASDAQ:ANSS) Shares Purchased by Mizuho Securities USA LLC

Mizuho Securities USA LLC lifted its stake in ANSYS, Inc. (NASDAQ:ANSS) by 46.3% in the fourth quarter, HoldingsChannel reports. The fund owned 8,288 shares of the software maker’s stock after purchasing an additional 2,621 shares during the quarter. Mizuho Securities USA LLC’s holdings in ANSYS were worth $2,796,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Empowered Funds LLC lifted its position in ANSYS by 23.3% in the third quarter. Empowered Funds LLC now owns 1,467 shares of the software maker’s stock worth $467,000 after purchasing an additional 277 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of ANSYS by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 532,142 shares of the software maker’s stock worth $169,556,000 after buying an additional 8,706 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of ANSYS by 29.9% in the third quarter. Cerity Partners LLC now owns 33,485 shares of the software maker’s stock valued at $10,669,000 after buying an additional 7,700 shares during the period. Penserra Capital Management LLC boosted its stake in ANSYS by 5.7% during the third quarter. Penserra Capital Management LLC now owns 3,820 shares of the software maker’s stock valued at $1,216,000 after buying an additional 205 shares in the last quarter. Finally, Swedbank AB grew its holdings in ANSYS by 5.5% during the third quarter. Swedbank AB now owns 8,401 shares of the software maker’s stock worth $2,677,000 after acquiring an additional 438 shares during the period. 92.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Activity

In related news, Director Glenda Dorchak sold 200 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $336.62, for a total value of $67,324.00. Following the completion of the transaction, the director now owns 3,430 shares of the company’s stock, valued at approximately $1,154,606.60. This trade represents a 5.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.46% of the stock is owned by company insiders.

ANSYS Stock Up 0.5 %

Shares of ANSYS stock opened at $325.73 on Tuesday. 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 $28.55 billion, a PE ratio of 49.73, a price-to-earnings-growth ratio of 3.48 and a beta of 1.11. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. The stock’s fifty day moving average is $336.88 and its 200-day moving average is $334.12.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings results on Wednesday, February 19th. The software maker reported $3.65 earnings per share for the quarter, missing analysts’ consensus estimates of $3.97 by ($0.32). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The company had revenue of $882.17 million during the quarter, compared to analysts’ expectations of $864.46 million. Equities analysts anticipate that ANSYS, Inc. will post 8.32 earnings per share for the current year.

About ANSYS

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.