XTX Topco Ltd Purchases Shares of 1,625 ANSYS, Inc. (NASDAQ:ANSS)

XTX Topco Ltd purchased a new position in shares of ANSYS, Inc. (NASDAQ:ANSS) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 1,625 shares of the software maker’s stock, valued at approximately $518,000.

Other large investors also recently modified their holdings of the company. iA Global Asset Management Inc. lifted its holdings in shares of ANSYS by 3.9% during the 3rd quarter. iA Global Asset Management Inc. now owns 8,908 shares of the software maker’s stock valued at $2,838,000 after acquiring an additional 332 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in shares of ANSYS by 9.2% during the third quarter. EP Wealth Advisors LLC now owns 770 shares of the software maker’s stock worth $245,000 after purchasing an additional 65 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its position in shares of ANSYS by 45.1% in the third quarter. Kovitz Investment Group Partners LLC now owns 23,234 shares of the software maker’s stock worth $7,403,000 after buying an additional 7,223 shares during the period. Wellington Management Group LLP grew its stake in shares of ANSYS by 10.2% in the third quarter. Wellington Management Group LLP now owns 2,918 shares of the software maker’s stock valued at $930,000 after buying an additional 269 shares in the last quarter. Finally, Wahed Invest LLC raised its holdings in shares of ANSYS by 12.4% during the 3rd quarter. Wahed Invest LLC now owns 2,118 shares of the software maker’s stock valued at $675,000 after buying an additional 234 shares during the period. 92.39% of the stock is currently owned by hedge funds and other institutional investors.

ANSYS Trading Down 0.4 %

Shares of ANSS opened at $340.24 on Friday. The business’s 50-day moving average price is $336.35 and its 200 day moving average price is $325.19. 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, Inc. has a 1-year low of $289.82 and a 1-year high of $364.31. The stock has a market capitalization of $29.75 billion, a P/E ratio of 52.51, a P/E/G ratio of 3.89 and a beta of 1.10.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ANSS shares. StockNews.com upgraded ANSYS from a “hold” rating to a “buy” rating in a report on Monday, December 9th. Robert W. Baird lifted their target price on ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, ANSYS currently has an average rating of “Hold” and an average target price of $342.50.

Insider Activity at ANSYS

In other news, Director Glenda Dorchak sold 152 shares of the firm’s stock in a transaction dated 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 transaction, the director now directly owns 3,630 shares of the company’s stock, valued at approximately $1,138,404.30. This trade represents a 4.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.46% of the stock is currently owned by company insiders.

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.