Cubist Systematic Strategies LLC Buys 3,863 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Cubist Systematic Strategies LLC grew its stake in ANSYS, Inc. (NASDAQ:ANSS) by 227.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,563 shares of the software maker’s stock after buying an additional 3,863 shares during the period. Cubist Systematic Strategies LLC’s holdings in ANSYS were worth $1,877,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ANSS. Wealth Enhancement Advisory Services LLC increased its holdings in shares of ANSYS by 2.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,219 shares of the software maker’s stock worth $1,026,000 after buying an additional 72 shares during the last quarter. Graypoint LLC bought a new position in shares of ANSYS in the 4th quarter worth $214,000. Czech National Bank increased its holdings in shares of ANSYS by 6.5% in the 4th quarter. Czech National Bank now owns 18,961 shares of the software maker’s stock worth $6,396,000 after buying an additional 1,160 shares during the last quarter. Wedmont Private Capital increased its holdings in shares of ANSYS by 1.8% in the 4th quarter. Wedmont Private Capital now owns 2,215 shares of the software maker’s stock worth $748,000 after buying an additional 39 shares during the last quarter. Finally, FNY Investment Advisers LLC increased its holdings in shares of ANSYS by 78.7% in the 4th quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker’s stock worth $2,036,000 after buying an additional 2,659 shares during the last quarter. Institutional investors own 92.39% of the company’s stock.

Analyst Ratings Changes

ANSS has been the topic of a number of research analyst reports. Rosenblatt Securities increased their price target on shares of ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, February 21st. StockNews.com lowered shares of ANSYS from a “buy” rating to a “hold” rating in a report on Wednesday, May 7th.

ANSYS Stock Performance

ANSYS stock opened at $333.78 on Monday. 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 company has a market capitalization of $29.34 billion, a PE ratio of 50.96, a P/E/G ratio of 3.48 and a beta of 1.21. The firm has a fifty day simple moving average of $314.85 and a two-hundred day simple moving average of $331.79. ANSYS, Inc. has a twelve month low of $275.06 and a twelve month high of $363.03.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings results on Wednesday, April 30th. The software maker reported $1.64 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.11). The business had revenue of $504.89 million during the quarter, compared to the consensus estimate of $516.81 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 earnings per share. Research analysts expect that ANSYS, Inc. will post 8.32 EPS for the current year.

Insiders Place Their Bets

In other ANSYS 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 value of $60,002.00. Following the completion of 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.46% of the stock is currently 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.