Czech National Bank Acquires 1,166 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Czech National Bank boosted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 7.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,801 shares of the software maker’s stock after purchasing an additional 1,166 shares during the quarter. Czech National Bank’s holdings in ANSYS were worth $5,672,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ANSS. Campbell & CO Investment Adviser LLC raised its stake in ANSYS by 12.0% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 2,014 shares of the software maker’s stock valued at $731,000 after purchasing an additional 216 shares during the period. Cetera Advisor Networks LLC raised its stake in ANSYS by 3.5% during the 4th quarter. Cetera Advisor Networks LLC now owns 11,473 shares of the software maker’s stock valued at $4,163,000 after purchasing an additional 389 shares during the period. Personal CFO Solutions LLC raised its stake in ANSYS by 2.6% during the 4th quarter. Personal CFO Solutions LLC now owns 1,359 shares of the software maker’s stock valued at $493,000 after purchasing an additional 34 shares during the period. Natixis Investment Managers International increased its stake in ANSYS by 22.3% in the 4th quarter. Natixis Investment Managers International now owns 516 shares of the software maker’s stock worth $187,000 after acquiring an additional 94 shares during the last quarter. Finally, Ossiam increased its stake in ANSYS by 53.9% in the 4th quarter. Ossiam now owns 2,372 shares of the software maker’s stock worth $861,000 after acquiring an additional 831 shares during the last quarter. Institutional investors own 92.39% of the company’s stock.

Insider Activity at ANSYS

In related news, Director Glenda Dorchak sold 159 shares of the business’s stock in a transaction on Monday, July 8th. The stock was sold at an average price of $330.81, for a total transaction of $52,598.79. Following the completion of the transaction, the director now owns 3,782 shares in the company, valued at $1,251,123.42. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.46% of the stock is owned by company insiders.

ANSYS Price Performance

Shares of ANSYS stock opened at $315.73 on Friday. The stock has a market cap of $27.56 billion, a price-to-earnings ratio of 63.40, a price-to-earnings-growth ratio of 6.89 and a beta of 1.11. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.95 and a current ratio of 2.95. The stock has a 50 day moving average price of $315.97 and a 200-day moving average price of $324.02. ANSYS, Inc. has a one year low of $258.01 and a one year high of $364.31.

ANSYS (NASDAQ:ANSS) last announced its earnings results on Wednesday, July 31st. The software maker reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $1.92 by $0.58. The firm had revenue of $594.14 million during the quarter, compared to analysts’ expectations of $550.30 million. ANSYS had a return on equity of 11.51% and a net margin of 21.30%. The company’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.06 EPS. Equities analysts expect that ANSYS, Inc. will post 7.32 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ANSS. Rosenblatt Securities reduced their price objective on ANSYS from $345.00 to $335.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 6th. StockNews.com began coverage on ANSYS in a research note on Sunday, September 22nd. They issued a “hold” rating on the stock. Finally, KeyCorp began coverage on ANSYS in a research note on Thursday, June 27th. They issued a “sector weight” rating on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $318.33.

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.