Menta Capital LLC cut its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 57.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,100 shares of the software maker’s stock after selling 22,758 shares during the quarter. Menta Capital LLC’s holdings in ANSYS were worth $2,081,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of ANSS. BlackRock Inc. boosted its position in shares of ANSYS by 5,399.5% in the first quarter. BlackRock Inc. now owns 9,118,117 shares of the software maker’s stock worth $974,453,000 after acquiring an additional 8,952,318 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of ANSYS by 54.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 2,806,833 shares of the software maker’s stock worth $299,966,000 after acquiring an additional 987,326 shares during the last quarter. Aristotle Capital Management LLC boosted its position in shares of ANSYS by 90.5% in the first quarter. Aristotle Capital Management LLC now owns 1,894,434 shares of the software maker’s stock worth $202,459,000 after acquiring an additional 899,793 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of ANSYS by 2.6% in the first quarter. Vanguard Group Inc. now owns 6,975,913 shares of the software maker’s stock worth $745,515,000 after acquiring an additional 174,087 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of ANSYS by 45.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 425,386 shares of the software maker’s stock worth $51,761,000 after acquiring an additional 133,890 shares during the last quarter. Institutional investors and hedge funds own 96.78% of the company’s stock.

ANSYS, Inc. (NASDAQ ANSS) opened at 122.68 on Thursday. The firm has a market capitalization of $10.40 billion, a PE ratio of 39.42 and a beta of 1.07. ANSYS, Inc. has a 12 month low of $82.28 and a 12 month high of $132.74. The firm’s 50-day moving average is $126.78 and its 200-day moving average is $119.49.

ANSYS (NASDAQ:ANSS) last released its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.07. ANSYS had a return on equity of 13.87% and a net margin of 26.37%. The firm had revenue of $264.30 million for the quarter, compared to the consensus estimate of $259.75 million. During the same quarter in the prior year, the company posted $0.93 earnings per share. The firm’s revenue was up 7.4% on a year-over-year basis. On average, equities research analysts expect that ANSYS, Inc. will post $3.86 EPS for the current year.

Several research firms recently issued reports on ANSS. Royal Bank Of Canada reissued a “hold” rating and issued a $118.00 target price on shares of ANSYS in a research report on Monday, September 11th. Zacks Investment Research raised shares of ANSYS from a “sell” rating to a “hold” rating in a research report on Monday, August 7th. Evercore ISI set a $113.00 target price on shares of ANSYS and gave the stock a “hold” rating in a research report on Saturday, June 10th. BidaskClub cut shares of ANSYS from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 9th. Finally, Robert W. Baird set a $130.00 target price on shares of ANSYS and gave the stock a “buy” rating in a research report on Monday, August 28th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $113.65.

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About ANSYS

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.

Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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