Caprock Group LLC Boosts Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Caprock Group LLC grew its stake in ANSYS, Inc. (NASDAQ:ANSS) by 6.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 750 shares of the software maker’s stock after buying an additional 47 shares during the quarter. Caprock Group LLC’s holdings in ANSYS were worth $253,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. AQR Capital Management LLC raised its stake in shares of ANSYS by 21.6% during the 2nd quarter. AQR Capital Management LLC now owns 2,722 shares of the software maker’s stock worth $875,000 after buying an additional 483 shares during the period. Czech National Bank boosted its position in ANSYS by 7.0% during the third quarter. Czech National Bank now owns 17,801 shares of the software maker’s stock worth $5,672,000 after acquiring an additional 1,166 shares during the last quarter. GAMMA Investing LLC lifted its position in ANSYS by 7.2% during the third quarter. GAMMA Investing LLC now owns 1,379 shares of the software maker’s stock worth $439,000 after buying an additional 93 shares in the last quarter. Fulton Bank N.A. boosted its stake in ANSYS by 7.5% during the third quarter. Fulton Bank N.A. now owns 1,177 shares of the software maker’s stock worth $375,000 after buying an additional 82 shares during the last quarter. Finally, CWM LLC grew its holdings in ANSYS by 3.8% in the 3rd quarter. CWM LLC now owns 6,112 shares of the software maker’s stock valued at $1,947,000 after buying an additional 226 shares in the last quarter. Institutional investors and hedge funds own 92.39% of the company’s stock.

Insider Activity

In other news, Director Glenda Dorchak sold 200 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $336.62, for a total value 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.46% of the company’s stock.

ANSYS Stock Down 0.1 %

ANSS stock opened at $346.62 on Friday. The firm has a market capitalization of $30.31 billion, a price-to-earnings ratio of 53.49, a PEG ratio of 3.65 and a beta of 1.12. The company’s 50 day moving average price is $344.36 and its 200 day moving average price is $330.39. ANSYS, Inc. has a fifty-two week low of $289.82 and a fifty-two week high of $363.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11.

Analyst Ratings Changes

A number of brokerages recently issued reports on ANSS. Robert W. Baird raised their price objective on ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. StockNews.com cut ANSYS from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, ANSYS has a consensus rating of “Hold” and an average target price of $346.67.

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.