Crossmark Global Holdings Inc. Has $1.92 Million Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Crossmark Global Holdings Inc. cut its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 1.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,023 shares of the software maker’s stock after selling 88 shares during the period. Crossmark Global Holdings Inc.’s holdings in ANSYS were worth $1,919,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in ANSS. QRG Capital Management Inc. lifted its position in ANSYS by 8.9% during the 1st quarter. QRG Capital Management Inc. now owns 3,579 shares of the software maker’s stock valued at $1,243,000 after purchasing an additional 294 shares during the period. Avantax Advisory Services Inc. lifted its position in ANSYS by 14.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 931 shares of the software maker’s stock valued at $323,000 after purchasing an additional 118 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in shares of ANSYS by 94.1% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 105,736 shares of the software maker’s stock valued at $36,707,000 after acquiring an additional 51,249 shares during the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of ANSYS by 3.7% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 100,816 shares of the software maker’s stock valued at $33,552,000 after acquiring an additional 3,611 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of ANSYS by 18.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 117,764 shares of the software maker’s stock valued at $40,883,000 after acquiring an additional 18,094 shares during the last quarter. 92.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Robert W. Baird upped their price target on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. StockNews.com cut ANSYS from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Finally, Rosenblatt Securities lowered their target price on ANSYS from $345.00 to $335.00 and set a “neutral” rating for the company in a research note on Tuesday, August 6th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $333.00.

Insider Transactions at ANSYS

In other news, Director Glenda Dorchak sold 152 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $313.61, for a total transaction of $47,668.72. Following the completion of the transaction, the director now directly owns 3,630 shares of the company’s stock, valued at $1,138,404.30. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.46% of the company’s stock.

ANSYS Price Performance

NASDAQ ANSS opened at $344.48 on Wednesday. The business has a 50 day simple moving average of $322.38 and a 200 day simple moving average of $322.00. ANSYS, Inc. has a 52-week low of $275.81 and a 52-week high of $364.31. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.95 and a current ratio of 3.11. The stock has a market cap of $30.12 billion, a price-to-earnings ratio of 53.16, a PEG ratio of 7.33 and a beta of 1.11.

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.