ANSYS, Inc. (NASDAQ:ANSS) Shares Purchased by Natixis Advisors L.P.

Natixis Advisors L.P. boosted its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 54,471 shares of the software maker’s stock after buying an additional 970 shares during the quarter. Natixis Advisors L.P.’s holdings in ANSYS were worth $19,766,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ANSS. Wellington Management Group LLP grew its position in ANSYS by 167.4% in the third quarter. Wellington Management Group LLP now owns 1,286,790 shares of the software maker’s stock worth $382,884,000 after buying an additional 805,657 shares during the last quarter. Alecta Tjanstepension Omsesidigt acquired a new position in ANSYS in the fourth quarter worth approximately $145,144,000. Comerica Bank grew its position in ANSYS by 1,922.9% in the third quarter. Comerica Bank now owns 329,577 shares of the software maker’s stock worth $98,066,000 after buying an additional 313,285 shares during the last quarter. Morgan Stanley grew its position in ANSYS by 18.0% in the third quarter. Morgan Stanley now owns 1,010,937 shares of the software maker’s stock worth $300,805,000 after buying an additional 154,325 shares during the last quarter. Finally, California Public Employees Retirement System grew its position in ANSYS by 76.0% in the third quarter. California Public Employees Retirement System now owns 346,120 shares of the software maker’s stock worth $102,988,000 after buying an additional 149,496 shares during the last quarter. Institutional investors and hedge funds own 92.39% of the company’s stock.

ANSYS Price Performance

Shares of NASDAQ:ANSS opened at $319.52 on Monday. The stock has a market capitalization of $27.89 billion, a P/E ratio of 64.16, a P/E/G ratio of 5.01 and a beta of 1.16. The business has a 50-day moving average of $335.57 and a two-hundred day moving average of $322.55. ANSYS, Inc. has a fifty-two week low of $258.01 and a fifty-two week high of $364.31. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.80 and a quick ratio of 2.30.

ANSYS (NASDAQ:ANSS) last posted its earnings results on Wednesday, May 1st. The software maker reported $1.39 earnings per share for the quarter, missing the consensus estimate of $1.93 by ($0.54). The company had revenue of $466.60 million during the quarter, compared to analyst estimates of $549.85 million. ANSYS had a return on equity of 10.45% and a net margin of 19.51%. The firm’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.45 earnings per share. On average, equities research analysts predict that ANSYS, Inc. will post 7.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ANSS has been the subject of a number of recent analyst reports. Mizuho decreased their price objective on shares of ANSYS from $350.00 to $330.00 and set a “neutral” rating for the company in a research note on Wednesday, January 17th. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $345.00 price objective on shares of ANSYS in a research note on Friday. StockNews.com initiated coverage on shares of ANSYS in a research note on Wednesday, May 1st. They issued a “hold” rating for the company. Barclays raised their price objective on shares of ANSYS from $314.00 to $340.00 and gave the stock an “underweight” rating in a research note on Thursday, February 22nd. Finally, Wolfe Research reaffirmed a “peer perform” rating on shares of ANSYS in a research note on Wednesday, January 17th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $320.00.

Insider Buying and Selling

In related news, Director Glenda Dorchak sold 150 shares of ANSYS stock in a transaction on Monday, April 8th. The shares were sold at an average price of $342.08, for a total value of $51,312.00. Following the transaction, the director now owns 3,049 shares in the company, valued at approximately $1,043,001.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.46% of the stock is owned by insiders.

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.