Trent Capital Management Inc. NC bought a new position in shares of Dassault Systemes SA (OTCMKTS:DASTY) during the second quarter, Holdings Channel reports. The institutional investor bought 2,835 shares of the technology company’s stock, valued at approximately $254,000. Dassault Systemes SA makes up about 0.4% of Trent Capital Management Inc. NC’s investment portfolio, making the stock its 22nd largest position.

Several other large investors have also modified their holdings of DASTY. Eqis Capital Management Inc. increased its stake in Dassault Systemes SA by 70.5% in the first quarter. Eqis Capital Management Inc. now owns 7,097 shares of the technology company’s stock valued at $615,000 after buying an additional 2,934 shares during the period. Sky Investment Group LLC increased its stake in Dassault Systemes SA by 96.1% in the first quarter. Sky Investment Group LLC now owns 7,130 shares of the technology company’s stock valued at $618,000 after buying an additional 3,495 shares during the period. World Asset Management Inc increased its stake in Dassault Systemes SA by 1.6% in the first quarter. World Asset Management Inc now owns 16,025 shares of the technology company’s stock valued at $1,391,000 after buying an additional 250 shares during the period. Horrell Capital Management Inc. increased its stake in Dassault Systemes SA by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 54,520 shares of the technology company’s stock valued at $4,731,000 after buying an additional 200 shares during the period. Finally, Fisher Asset Management LLC increased its stake in Dassault Systemes SA by 1.4% in the second quarter. Fisher Asset Management LLC now owns 59,548 shares of the technology company’s stock valued at $5,331,000 after buying an additional 841 shares during the period. 0.18% of the stock is currently owned by hedge funds and other institutional investors.

Dassault Systemes SA (DASTY) opened at 97.73 on Thursday. The company has a market capitalization of $24.91 billion, a price-to-earnings ratio of 45.71 and a beta of 0.72. Dassault Systemes SA has a 12 month low of $72.13 and a 12 month high of $100.07. The company’s 50-day moving average price is $92.95 and its 200 day moving average price is $87.97.

Dassault Systemes SA (OTCMKTS:DASTY) last posted its quarterly earnings results on Tuesday, July 25th. The technology company reported $0.61 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.61. Dassault Systemes SA had a net margin of 14.63% and a return on equity of 15.05%. The business had revenue of $886.87 million during the quarter, compared to analyst estimates of $935.89 million. Analysts forecast that Dassault Systemes SA will post $3.04 EPS for the current fiscal year.

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Separately, Zacks Investment Research raised Dassault Systemes SA from a “hold” rating to a “buy” rating and set a $105.00 target price for the company in a research report on Thursday, June 8th.

About Dassault Systemes SA

Dassault Systemes SE is a France-based company that operates as a holding. The Company is engaged in the sale of software solutions. The Company is engaged in the development of various software solutions integrated in the 3DEXPERIENCE platform. The Company’s 3DEXPERIENCE portfolio consisted of three dimensional (3D) modeling applications, simulation applications creating virtual twins of products or production systems, social and collaborative applications, and information intelligence applications.

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Institutional Ownership by Quarter for Dassault Systemes SA (OTCMKTS:DASTY)

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