B. Metzler seel. Sohn & Co. Holding AG Takes $3.63 Million Position in ANSYS, Inc. (NASDAQ:ANSS)

B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of ANSYS, Inc. (NASDAQ:ANSS) in the 3rd quarter, Holdings Channel.com reports. The fund bought 11,406 shares of the software maker’s stock, valued at approximately $3,634,000.

Other large investors also recently bought and sold shares of the company. Banque Cantonale Vaudoise grew its position in shares of ANSYS by 72.1% during the third quarter. Banque Cantonale Vaudoise now owns 2,913 shares of the software maker’s stock worth $928,000 after buying an additional 1,220 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in ANSYS by 392.5% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 3,876 shares of the software maker’s stock worth $1,235,000 after acquiring an additional 3,089 shares in the last quarter. Caldwell Investment Management Ltd. purchased a new stake in shares of ANSYS in the 3rd quarter valued at approximately $1,560,000. Pathstone Holdings LLC raised its holdings in shares of ANSYS by 0.5% in the 3rd quarter. Pathstone Holdings LLC now owns 14,677 shares of the software maker’s stock valued at $4,677,000 after purchasing an additional 79 shares in the last quarter. Finally, Quest Partners LLC raised its holdings in shares of ANSYS by 838.8% in the 3rd quarter. Quest Partners LLC now owns 5,492 shares of the software maker’s stock valued at $1,750,000 after purchasing an additional 4,907 shares in the last quarter. Hedge funds and other institutional investors own 92.39% of the company’s stock.

Insider Buying and Selling

In related news, Director Glenda Dorchak sold 152 shares of the stock in a transaction on Monday, October 7th. The shares were sold at an average price of $313.61, for a total transaction of $47,668.72. Following the completion of the sale, the director now owns 3,630 shares in the company, valued at $1,138,404.30. This represents a 4.02 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.46% of the stock is currently owned by company insiders.

ANSYS Stock Up 0.8 %

ANSS opened at $342.24 on Thursday. ANSYS, Inc. has a one year low of $275.81 and a one year high of $364.31. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11. The stock has a market capitalization of $29.93 billion, a P/E ratio of 52.81, a price-to-earnings-growth ratio of 3.76 and a beta of 1.11. The business’s 50-day simple moving average is $326.59 and its 200-day simple moving average is $322.79.

Analyst Upgrades and Downgrades

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

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.