Allworth Financial LP Has $92,000 Position in ANSYS, Inc. (NASDAQ:ANSS)

Allworth Financial LP boosted its position in ANSYS, Inc. (NASDAQ:ANSS) by 33.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 258 shares of the software maker’s stock after purchasing an additional 65 shares during the quarter. Allworth Financial LP’s holdings in ANSYS were worth $92,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC acquired a new stake in ANSYS in the 4th quarter valued at $5,576,000. Principal Securities Inc. increased its position in shares of ANSYS by 17.7% in the fourth quarter. Principal Securities Inc. now owns 619 shares of the software maker’s stock valued at $209,000 after acquiring an additional 93 shares during the last quarter. Empire Life Investments Inc. raised its holdings in ANSYS by 0.8% during the fourth quarter. Empire Life Investments Inc. now owns 5,123 shares of the software maker’s stock worth $1,728,000 after acquiring an additional 42 shares in the last quarter. First Merchants Corp lifted its holdings in ANSYS by 1.6% during the 4th quarter. First Merchants Corp now owns 10,095 shares of the software maker’s stock valued at $3,405,000 after purchasing an additional 156 shares during the last quarter. Finally, Catalyst Financial Partners LLC acquired a new position in shares of ANSYS in the fourth quarter valued at $210,000. Institutional investors own 92.39% of the company’s stock.

Insider Buying and Selling

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the sale, the director now directly owns 3,430 shares in the company, valued at $1,154,606.60. This represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.46% of the stock is owned by company insiders.

ANSYS Price Performance

Shares of ANSYS stock opened at $333.63 on Tuesday. The company has a quick ratio of 3.11, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $29.24 billion, a price-to-earnings ratio of 50.94, a price-to-earnings-growth ratio of 3.55 and a beta of 1.12. ANSYS, Inc. has a twelve month low of $289.82 and a twelve month high of $363.03. The company has a 50-day simple moving average of $342.51 and a two-hundred day simple moving average of $333.36.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings results on Wednesday, February 19th. The software maker reported $3.65 earnings per share (EPS) 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 net margin of 22.62% and a return on equity of 12.69%. Analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on ANSS shares. Robert W. Baird lifted their target price on shares of ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Rosenblatt Securities boosted their price objective on ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday. Finally, StockNews.com upgraded ANSYS from a “hold” rating to a “buy” rating in a research note on Friday.

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.