Commerzbank Aktiengesellschaft FI Invests $238,000 in ANSYS, Inc. (NASDAQ:ANSS)

Commerzbank Aktiengesellschaft FI acquired a new position in ANSYS, Inc. (NASDAQ:ANSS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 702 shares of the software maker’s stock, valued at approximately $238,000.

Other institutional investors have also made changes to their positions in the company. Ameliora Wealth Management Ltd. bought a new position in shares of ANSYS in the fourth quarter worth about $27,000. SBI Securities Co. Ltd. bought a new position in ANSYS during the fourth quarter valued at about $47,000. Intact Investment Management Inc. bought a new position in ANSYS during the third quarter valued at about $70,000. Allworth Financial LP increased its stake in ANSYS by 33.7% during the fourth quarter. Allworth Financial LP now owns 258 shares of the software maker’s stock valued at $92,000 after acquiring an additional 65 shares during the period. Finally, Brooklyn Investment Group bought a new position in ANSYS during the third quarter valued at about $119,000. 92.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on ANSS. StockNews.com upgraded ANSYS from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Rosenblatt Securities boosted their price target on ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research note on Friday, February 21st. Finally, Robert W. Baird boosted their price target on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th.

ANSYS Stock Performance

ANSS stock opened at $327.78 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01. The company has a 50 day moving average price of $341.07 and a 200 day moving average price of $333.76. ANSYS, Inc. has a fifty-two week low of $289.82 and a fifty-two week high of $363.03. The stock has a market capitalization of $28.73 billion, a PE ratio of 50.04, a price-to-earnings-growth ratio of 3.48 and a beta of 1.11.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 earnings per share for the quarter, missing the consensus estimate of $3.97 by ($0.32). The company had revenue of $882.17 million during the quarter, compared to the consensus estimate of $864.46 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. Analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current year.

Insider Buying and Selling at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the company’s stock in a transaction 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 owns 3,430 shares in the company, valued at $1,154,606.60. This represents a 5.51 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.46% of the company’s stock.

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.