Empowered Funds LLC Has $467,000 Stock Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Empowered Funds LLC boosted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 23.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,467 shares of the software maker’s stock after acquiring an additional 277 shares during the quarter. Empowered Funds LLC’s holdings in ANSYS were worth $467,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ANSS. DT Investment Partners LLC lifted its holdings in ANSYS by 888.9% during the second quarter. DT Investment Partners LLC now owns 89 shares of the software maker’s stock worth $29,000 after acquiring an additional 80 shares in the last quarter. Redwood Wealth Management Group LLC acquired a new position in shares of ANSYS during the 2nd quarter worth approximately $32,000. Rothschild Investment LLC acquired a new position in ANSYS during the second quarter worth $38,000. Bangor Savings Bank raised its holdings in shares of ANSYS by 32.7% in the 3rd quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock valued at $44,000 after purchasing an additional 34 shares during the period. Finally, DiNuzzo Private Wealth Inc. lifted its position in shares of ANSYS by 2,833.3% in the third quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker’s stock valued at $56,000 after buying an additional 170 shares during the last quarter. 92.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity at ANSYS

In related news, Director Glenda Dorchak sold 152 shares of the business’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $313.61, for a total value of $47,668.72. Following the transaction, the director now owns 3,630 shares in the company, valued at $1,138,404.30. The trade was a 4.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.46% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts recently commented on ANSS shares. Robert W. Baird lifted their target price on shares of ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. StockNews.com downgraded shares of ANSYS from a “buy” rating to a “hold” rating in a report on Thursday, November 14th. Finally, Rosenblatt Securities lowered their price objective on shares of ANSYS from $345.00 to $335.00 and set a “neutral” rating for the company in a research report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $342.50.

ANSYS Stock Up 0.3 %

Shares of NASDAQ:ANSS opened at $350.00 on Monday. The company has a fifty day moving average of $327.83 and a 200-day moving average of $323.13. ANSYS, Inc. has a 52-week low of $275.81 and a 52-week high of $364.31. The company has a market capitalization of $30.61 billion, a PE ratio of 54.01, a price-to-earnings-growth ratio of 3.95 and a beta of 1.11. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11.

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.