Mirador Capital Partners LP Has $612,000 Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Mirador Capital Partners LP raised its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 6.1% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 1,920 shares of the software maker’s stock after purchasing an additional 110 shares during the period. Mirador Capital Partners LP’s holdings in ANSYS were worth $612,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ANSS. Wedmont Private Capital boosted its holdings in ANSYS by 1.3% in the 1st quarter. Wedmont Private Capital now owns 2,260 shares of the software maker’s stock worth $779,000 after buying an additional 30 shares during the period. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of ANSYS by 3.7% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 897 shares of the software maker’s stock worth $311,000 after acquiring an additional 32 shares during the period. Personal CFO Solutions LLC grew its position in shares of ANSYS by 2.6% in the fourth 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 in the last quarter. Wasatch Advisors LP raised its stake in shares of ANSYS by 1.8% during the 1st quarter. Wasatch Advisors LP now owns 2,082 shares of the software maker’s stock valued at $723,000 after purchasing an additional 36 shares during the period. Finally, Fulton Bank N.A. lifted its holdings in ANSYS by 3.8% during the 1st quarter. Fulton Bank N.A. now owns 1,091 shares of the software maker’s stock worth $379,000 after purchasing an additional 40 shares in the last quarter. 92.39% of the stock is owned by institutional investors.

ANSYS Price Performance

Shares of ANSS traded up $2.64 during midday trading on Friday, reaching $315.73. The stock had a trading volume of 230,504 shares, compared to its average volume of 540,392. The company has a current ratio of 2.95, a quick ratio of 2.95 and a debt-to-equity ratio of 0.13. The company has a market capitalization 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’s 50-day moving average is $315.97 and its 200 day moving average is $324.14. ANSYS, Inc. has a 12-month low of $258.01 and a 12-month high of $364.31.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings results on Wednesday, July 31st. The software maker reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.58. The business had revenue of $594.14 million for the quarter, compared to analysts’ expectations of $550.30 million. ANSYS had a net margin of 21.30% and a return on equity of 11.51%. The business’s quarterly revenue was up 19.6% on a year-over-year basis. During the same period last year, the business earned $1.06 earnings per share. On average, equities analysts predict that ANSYS, Inc. will post 7.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. KeyCorp assumed coverage on ANSYS in a report on Thursday, June 27th. They set a “sector weight” rating for the company. StockNews.com initiated coverage on shares of ANSYS in a research note on Sunday, September 22nd. They issued a “hold” rating on the stock. Finally, Rosenblatt Securities cut their price target on shares of ANSYS from $345.00 to $335.00 and set a “neutral” rating for the company in a report on Tuesday, August 6th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, ANSYS has an average rating of “Hold” and an average target price of $318.33.

Insider Transactions at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 159 shares of the business’s stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of $330.81, for a total value of $52,598.79. Following the completion of the sale, the director now owns 3,782 shares in the company, valued at approximately $1,251,123.42. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.46% of the company’s stock.

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.