ANSYS, Inc. (NASDAQ:ANSS) Shares Sold by Boussard & Gavaudan Investment Management LLP

Boussard & Gavaudan Investment Management LLP lessened its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 2.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 84,403 shares of the software maker’s stock after selling 1,680 shares during the period. ANSYS comprises about 2.4% of Boussard & Gavaudan Investment Management LLP’s portfolio, making the stock its 12th largest holding. Boussard & Gavaudan Investment Management LLP owned 0.10% of ANSYS worth $28,521,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Stock Yards Bank & Trust Co. increased its position in shares of ANSYS by 1.3% in the fourth quarter. Stock Yards Bank & Trust Co. now owns 2,275 shares of the software maker’s stock worth $767,000 after acquiring an additional 30 shares in the last quarter. Greenleaf Trust boosted its stake in ANSYS by 0.9% in the 4th quarter. Greenleaf Trust now owns 3,651 shares of the software maker’s stock worth $1,232,000 after purchasing an additional 32 shares during the period. Koshinski Asset Management Inc. grew its position in ANSYS by 0.8% during the 4th quarter. Koshinski Asset Management Inc. now owns 4,367 shares of the software maker’s stock worth $1,473,000 after purchasing an additional 34 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its stake in ANSYS by 2.8% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,298 shares of the software maker’s stock valued at $438,000 after purchasing an additional 35 shares during the period. Finally, BTC Capital Management Inc. lifted its holdings in shares of ANSYS by 2.5% in the fourth quarter. BTC Capital Management Inc. now owns 1,499 shares of the software maker’s stock valued at $506,000 after purchasing an additional 36 shares in the last quarter. 92.39% of the stock is owned by institutional investors.

ANSYS Trading Down 0.4 %

ANSYS stock opened at $322.09 on Friday. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. The stock has a market cap of $28.23 billion, a P/E ratio of 49.17, a P/E/G ratio of 3.48 and a beta of 1.11. The company’s fifty day simple moving average is $335.78 and its 200-day simple moving average is $334.11.

ANSYS (NASDAQ:ANSS) last issued its earnings results on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing analysts’ consensus estimates of $3.97 by ($0.32). ANSYS had a net margin of 22.62% and a return on equity of 12.69%. The firm had revenue of $882.17 million during the quarter, compared to analysts’ expectations of $864.46 million. As a group, sell-side analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Insider Buying and Selling

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction that occurred on 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 $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.46% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ANSS has been the topic of a number of research analyst reports. Rosenblatt Securities lifted their price target on ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, February 21st. StockNews.com cut ANSYS from a “buy” rating to a “hold” rating in a research note on Friday, March 21st.

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.