Ameliora Wealth Management Ltd. Acquires Shares of 80 ANSYS, Inc. (NASDAQ:ANSS)

Ameliora Wealth Management Ltd. bought a new position in ANSYS, Inc. (NASDAQ:ANSS) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 80 shares of the software maker’s stock, valued at approximately $27,000.

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

Insiders Place Their Bets

In other news, Director Glenda Dorchak sold 200 shares of the firm’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 transaction, the director now directly owns 3,430 shares in the company, valued at approximately $1,154,606.60. This trade represents a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.46% of the company’s stock.

ANSYS Stock Down 0.1 %

ANSS opened at $346.62 on Friday. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The company has a market cap of $30.31 billion, a PE ratio of 53.49, a price-to-earnings-growth ratio of 3.65 and a beta of 1.12. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13. The company has a 50 day moving average of $344.36 and a 200 day moving average of $330.39.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ANSS shares. Robert W. Baird increased their target price on shares of ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a report on Monday, January 6th. One investment 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. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $346.67.

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.