ANSYS, Inc. (NASDAQ:ANSS) Position Increased by Sei Investments Co.
Sei Investments Co. boosted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 13.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,933 shares of the software maker’s stock after buying an additional 13,320 shares during the period. Sei Investments Co. owned 0.14% of ANSYS worth $14,107,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of the stock. Mawer Investment Management Ltd. increased its stake in shares of ANSYS by 0.6% in the second quarter. Mawer Investment Management Ltd. now owns 1,141,118 shares of the software maker’s stock valued at $138,851,000 after buying an additional 6,540 shares during the period. World Asset Management Inc increased its stake in shares of ANSYS by 48.5% in the second quarter. World Asset Management Inc now owns 8,208 shares of the software maker’s stock valued at $999,000 after buying an additional 2,680 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of ANSYS by 62.7% in the second quarter. Daiwa Securities Group Inc. now owns 4,150 shares of the software maker’s stock valued at $505,000 after buying an additional 1,600 shares during the period. Ownership Capital B.V. increased its stake in shares of ANSYS by 6.2% in the second quarter. Ownership Capital B.V. now owns 487,861 shares of the software maker’s stock valued at $59,363,000 after buying an additional 28,644 shares during the period. Finally, Bessemer Group Inc. increased its stake in shares of ANSYS by 2.2% in the second quarter. Bessemer Group Inc. now owns 1,008,137 shares of the software maker’s stock valued at $122,671,000 after buying an additional 21,351 shares during the period. Institutional investors and hedge funds own 98.16% of the company’s stock.
Shares of ANSYS, Inc. (ANSS) opened at 124.98 on Tuesday. ANSYS, Inc. has a 12 month low of $82.28 and a 12 month high of $131.63. The firm has a market capitalization of $10.64 billion, a P/E ratio of 40.16 and a beta of 1.10. The firm’s 50-day moving average is $123.95 and its 200 day moving average is $112.54.
ANSYS (NASDAQ:ANSS) last released its earnings results on Wednesday, August 2nd. The software maker reported $0.99 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.07. The firm had revenue of $264.30 million for the quarter, compared to analysts’ expectations of $259.75 million. ANSYS had a net margin of 26.37% and a return on equity of 13.87%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 earnings per share. On average, equities research analysts anticipate that ANSYS, Inc. will post $3.85 EPS for the current year.
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Several brokerages recently issued reports on ANSS. Zacks Investment Research upgraded shares of ANSYS from a “sell” rating to a “hold” rating in a research note on Monday. BidaskClub upgraded shares of ANSYS from a “buy” rating to a “strong-buy” rating in a research note on Friday. Goldman Sachs Group, Inc. (The) began coverage on shares of ANSYS in a research note on Monday, July 17th. They issued a “neutral” rating and a $112.00 target price for the company. Evercore ISI set a $113.00 target price on shares of ANSYS and gave the company a “hold” rating in a research note on Saturday, June 10th. Finally, Wedbush cut their target price on shares of ANSYS from $114.00 to $101.00 and set a “neutral” rating for the company in a research note on Monday, May 15th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. ANSYS currently has a consensus rating of “Hold” and an average target price of $105.75.
In other ANSYS news, Director Michael Thurk sold 4,800 shares of the business’s stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $123.95, for a total value of $594,960.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Patrick J. Zilvitis sold 2,000 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $124.00, for a total transaction of $248,000.00. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.
ANSYS Company Profile
ANSYS, Inc (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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