Allworth Financial LP Has $92,000 Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Allworth Financial LP raised its stake in ANSYS, Inc. (NASDAQ:ANSS) by 33.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 258 shares of the software maker’s stock after acquiring an additional 65 shares during the quarter. Allworth Financial LP’s holdings in ANSYS were worth $92,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of ANSS. Raymond James & Associates lifted its holdings in ANSYS by 0.4% during the 3rd quarter. Raymond James & Associates now owns 10,822 shares of the software maker’s stock worth $3,448,000 after buying an additional 46 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in ANSYS by 6.5% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,504 shares of the software maker’s stock worth $479,000 after purchasing an additional 92 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of ANSYS in the 3rd quarter valued at about $54,820,000. Assenagon Asset Management S.A. raised its stake in shares of ANSYS by 20.4% during the third quarter. Assenagon Asset Management S.A. now owns 11,607 shares of the software maker’s stock worth $3,698,000 after buying an additional 1,970 shares during the last quarter. Finally, Ballentine Partners LLC lifted its holdings in ANSYS by 13.8% in the third quarter. Ballentine Partners LLC now owns 1,320 shares of the software maker’s stock valued at $421,000 after buying an additional 160 shares during the period. 92.39% of the stock is owned by institutional investors.

ANSYS Trading Down 0.2 %

ANSS opened at $333.63 on Tuesday. ANSYS, Inc. has a twelve month low of $289.82 and a twelve month high of $363.03. The firm has a market cap of $29.24 billion, a PE ratio of 50.94, a price-to-earnings-growth ratio of 3.55 and a beta of 1.12. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.11 and a current ratio of 3.01. The firm’s fifty day moving average is $342.51 and its two-hundred day moving average is $333.36.

ANSYS (NASDAQ:ANSS) last issued 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). The business 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%. Equities research analysts anticipate that ANSYS, Inc. will post 8.32 EPS for the current year.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was 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 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 insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ANSS. Rosenblatt Securities lifted their target price on shares of ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday. StockNews.com raised ANSYS from a “hold” rating to a “buy” rating in a research note on Friday. Finally, Robert W. Baird boosted their target price on ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th.

ANSYS 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.