BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $13.52 Million Holdings in ANSYS, Inc. (NASDAQ:ANSS)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 117.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 42,442 shares of the software maker’s stock after acquiring an additional 22,968 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in ANSYS were worth $13,523,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ANSS. DT Investment Partners LLC increased its position 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 buying an additional 80 shares during the last quarter. Redwood Wealth Management Group LLC acquired a new position in shares of ANSYS during the 2nd quarter valued at about $32,000. Rothschild Investment LLC bought a new position in shares of ANSYS in the 2nd quarter valued at approximately $38,000. Bangor Savings Bank lifted its holdings in ANSYS by 32.7% in the 3rd quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock worth $44,000 after purchasing an additional 34 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. boosted its position in ANSYS by 2,833.3% during the third quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker’s stock worth $56,000 after purchasing an additional 170 shares during the period. Institutional investors own 92.39% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Insider Transactions at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 152 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $313.61, for a total value of $47,668.72. Following the completion of the sale, the director now owns 3,630 shares in the company, valued at approximately $1,138,404.30. This trade represents a 4.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.46% of the company’s stock.

ANSYS Trading Up 0.3 %

Shares of ANSS stock opened at $350.00 on Friday. The firm has a market capitalization of $30.61 billion, a P/E ratio of 54.01, a price-to-earnings-growth ratio of 3.95 and a beta of 1.11. ANSYS, Inc. has a 1 year low of $275.81 and a 1 year high of $364.31. The firm’s fifty day simple moving average is $327.83 and its 200 day simple moving average is $323.16. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13.

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.