Tredje AP fonden Has $5.91 Million Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Tredje AP fonden decreased its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 28.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,508 shares of the software maker’s stock after selling 7,028 shares during the period. Tredje AP fonden’s holdings in ANSYS were worth $5,906,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ameliora Wealth Management Ltd. acquired a new position in ANSYS during the 4th quarter worth about $27,000. Assetmark Inc. lifted its position in ANSYS by 468.2% during the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock worth $42,000 after buying an additional 103 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in ANSYS during the 4th quarter valued at about $47,000. Allworth Financial LP lifted its position in ANSYS by 33.7% during the 4th quarter. Allworth Financial LP now owns 258 shares of the software maker’s stock valued at $92,000 after purchasing an additional 65 shares during the period. Finally, Brooklyn Investment Group acquired a new position in ANSYS during the 3rd quarter valued at about $119,000. Institutional investors and hedge funds own 92.39% of the company’s stock.

Insider Activity

In other news, Director Glenda Dorchak sold 200 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $336.62, for a total value 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 $1,154,606.60. This represents a 5.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.46% of the stock is currently owned by company insiders.

ANSYS Stock Performance

ANSYS stock opened at $317.56 on Friday. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. The company has a market cap of $27.83 billion, a PE ratio of 48.48, a PEG ratio of 3.48 and a beta of 1.11. The company’s 50-day moving average is $339.00 and its two-hundred day moving average is $333.47. ANSYS, Inc. has a 1 year low of $289.82 and a 1 year high of $363.03.

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

Analyst Ratings Changes

A number of research analysts have issued reports on ANSS shares. Rosenblatt Securities upped their target price on shares of ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 21st. StockNews.com upgraded shares of ANSYS from a “hold” rating to a “buy” rating in a research report on Friday, February 21st.

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.