Kintegral Advisory LLC Has $1.21 Million Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Kintegral Advisory LLC cut its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 4.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,581 shares of the software maker’s stock after selling 167 shares during the quarter. Kintegral Advisory LLC’s holdings in ANSYS were worth $1,208,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ANSS. Nomura Asset Management Co. Ltd. boosted its stake in shares of ANSYS by 7.2% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 28,351 shares of the software maker’s stock valued at $9,033,000 after purchasing an additional 1,914 shares in the last quarter. Caldwell Investment Management Ltd. bought a new position in ANSYS in the 3rd quarter valued at approximately $1,560,000. Sumitomo Mitsui Trust Group Inc. boosted its position in ANSYS by 3.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 518,779 shares of the software maker’s stock valued at $165,299,000 after buying an additional 16,462 shares in the last quarter. KBC Group NV grew its stake in shares of ANSYS by 20.9% during the third quarter. KBC Group NV now owns 110,928 shares of the software maker’s stock worth $35,345,000 after buying an additional 19,149 shares during the last quarter. Finally, CIBC Asset Management Inc increased its holdings in shares of ANSYS by 5.9% during the third quarter. CIBC Asset Management Inc now owns 27,116 shares of the software maker’s stock worth $8,640,000 after buying an additional 1,518 shares in the last quarter. Institutional investors own 92.39% of the company’s stock.

Insider Activity at ANSYS

In other ANSYS 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 transaction of $67,324.00. Following the completion of the transaction, the director now owns 3,430 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this link. 0.46% of the stock is currently owned by company insiders.

ANSYS Stock Performance

Shares of ANSYS stock opened at $334.21 on Friday. The stock has a market cap of $29.29 billion, a price-to-earnings ratio of 51.02, a P/E/G ratio of 3.55 and a beta of 1.12. ANSYS, Inc. has a twelve month low of $289.82 and a twelve month high of $363.03. The company’s fifty day moving average is $342.69 and its 200 day moving average is $332.94. The company has a quick ratio of 3.11, a current ratio of 3.01 and a debt-to-equity ratio of 0.12.

ANSYS (NASDAQ:ANSS) last announced its earnings results on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing the consensus estimate of $3.97 by ($0.32). The company had revenue of $882.17 million for the quarter, compared to analyst estimates of $864.46 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. Sell-side analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Robert W. Baird raised their price objective on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Rosenblatt Securities lifted their price target on ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research note on Friday. Finally, StockNews.com upgraded ANSYS from a “hold” rating to a “buy” rating in a report on Friday.

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.