ANSYS, Inc. (NASDAQ:ANSS) Shares Acquired by Atria Investments Inc

Atria Investments Inc lifted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,518 shares of the software maker’s stock after purchasing an additional 947 shares during the quarter. Atria Investments Inc’s holdings in ANSYS were worth $4,560,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ANSS. Ameliora Wealth Management Ltd. purchased a new position in shares of ANSYS in the 4th quarter worth $27,000. Assetmark Inc. raised its position in shares of ANSYS by 468.2% in the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock worth $42,000 after buying an additional 103 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of ANSYS in the 4th quarter worth $47,000. Allworth Financial LP raised its position in shares of ANSYS by 33.7% in the 4th quarter. Allworth Financial LP now owns 258 shares of the software maker’s stock worth $92,000 after buying an additional 65 shares during the period. Finally, Brooklyn Investment Group purchased a new position in shares of ANSYS in the 3rd quarter worth $119,000. 92.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on ANSS shares. StockNews.com raised ANSYS from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Rosenblatt Securities raised their price objective on ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 21st.

Insider Transactions at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $336.62, for a total transaction of $67,324.00. Following the sale, the director now directly owns 3,430 shares of the company’s stock, valued at approximately $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.46% of the company’s stock.

ANSYS Trading Up 0.1 %

NASDAQ:ANSS opened at $325.61 on Friday. The business’s 50-day moving average is $340.49 and its two-hundred day moving average is $333.69. 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, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The firm has a market capitalization of $28.54 billion, a PE ratio of 49.71, a price-to-earnings-growth ratio of 3.48 and a beta of 1.11.

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

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.