Diversified Trust Co acquired a new stake in ANSYS, Inc. (NASDAQ:ANSS) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,425 shares of the software maker’s stock, valued at approximately $210,000.

Several other large investors have also recently bought and sold shares of ANSS. Parallax Volatility Advisers L.P. bought a new stake in shares of ANSYS in the 2nd quarter valued at $138,000. ETF Managers Group LLC bought a new stake in shares of ANSYS in the 2nd quarter valued at $171,000. Zions Bancorporation boosted its stake in shares of ANSYS by 9,070.6% in the 3rd quarter. Zions Bancorporation now owns 1,559 shares of the software maker’s stock valued at $191,000 after purchasing an additional 1,542 shares during the last quarter. Calamos Advisors LLC bought a new stake in shares of ANSYS in the 3rd quarter valued at $201,000. Finally, Tocqueville Asset Management L.P. acquired a new position in shares of ANSYS during the 3rd quarter valued at $204,000. 96.74% of the stock is currently owned by institutional investors.

ANSYS, Inc. (NASDAQ:ANSS) opened at $161.54 on Friday. ANSYS, Inc. has a 1 year low of $92.33 and a 1 year high of $161.95. The stock has a market cap of $13,708.28, a price-to-earnings ratio of 46.15 and a beta of 1.07.

ANSYS (NASDAQ:ANSS) last released its quarterly earnings data on Wednesday, November 1st. The software maker reported $1.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.95 by $0.10. ANSYS had a net margin of 26.01% and a return on equity of 13.67%. The firm had revenue of $276.77 million for the quarter, compared to the consensus estimate of $263.77 million. During the same quarter in the prior year, the company posted $0.95 earnings per share. The business’s revenue was up 12.6% on a year-over-year basis. equities research analysts expect that ANSYS, Inc. will post 3.57 earnings per share for the current year.

In other ANSYS news, Director Barbara Vaughn Scherer sold 1,000 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $150.00, for a total transaction of $150,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Shane Emswiler sold 12,504 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $151.96, for a total transaction of $1,900,107.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 27,031 shares of company stock worth $2,960,730. Corporate insiders own 1.30% of the company’s stock.

A number of research firms recently issued reports on ANSS. Zacks Investment Research downgraded shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Robert W. Baird reiterated an “outperform” rating and set a $155.00 target price (up previously from $130.00) on shares of ANSYS in a research report on Friday, November 3rd. Royal Bank of Canada boosted their target price on shares of ANSYS from $130.00 to $147.00 and gave the company a “sector perform” rating in a research report on Friday, November 3rd. Wedbush reiterated a “neutral” rating and set a $114.00 target price (down previously from $136.00) on shares of ANSYS in a research report on Friday, November 3rd. Finally, Evercore ISI reiterated a “hold” rating and set a $113.00 target price on shares of ANSYS in a research report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $128.91.

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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.

Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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