Mn Services Vermogensbeheer B.V. Purchases 500 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Mn Services Vermogensbeheer B.V. raised its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,841 shares of the software maker’s stock after acquiring an additional 500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in ANSYS were worth $11,416,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of ANSS. Ameliora Wealth Management Ltd. bought a new position in shares of ANSYS in the fourth quarter worth about $27,000. Intact Investment Management Inc. bought a new position in shares of ANSYS in the third quarter worth about $70,000. Allworth Financial LP grew its holdings in shares of ANSYS by 33.7% in the fourth quarter. Allworth Financial LP now owns 258 shares of the software maker’s stock worth $92,000 after purchasing an additional 65 shares during the last quarter. Brooklyn Investment Group bought a new position in shares of ANSYS in the third quarter worth about $119,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of ANSYS in the third quarter worth about $174,000. Institutional investors own 92.39% of the company’s stock.

Wall Street Analysts Forecast Growth

ANSS has been the topic of a number of research analyst reports. Rosenblatt Securities upped 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. Robert W. Baird increased their target price on shares of ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, StockNews.com upgraded shares of ANSYS from a “hold” rating to a “buy” rating in a report on Friday, February 21st.

Insider Buying and Selling at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the stock in a transaction dated 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 sale, the director now directly owns 3,430 shares of the company’s stock, valued at approximately $1,154,606.60. This represents a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.46% of the company’s stock.

ANSYS Stock Up 0.9 %

Shares of ANSYS stock opened at $333.25 on Friday. The stock has a market cap of $29.21 billion, a price-to-earnings ratio of 50.88, a PEG ratio of 3.48 and a beta of 1.12. The firm’s 50-day moving average is $342.04 and its two-hundred day moving average is $333.60. ANSYS, Inc. has a 1 year low of $289.82 and a 1 year high of $363.03. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01.

ANSYS (NASDAQ:ANSS) last released its quarterly 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 firm had revenue of $882.17 million for the quarter, compared to analysts’ expectations of $864.46 million. ANSYS had a net margin of 22.62% and a return on equity of 12.69%. As a group, research analysts expect that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

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.