ANSYS, Inc. (ANSS) Position Raised by KBC Group NV

KBC Group NV increased its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 28.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 68,379 shares of the software maker’s stock after purchasing an additional 14,946 shares during the period. KBC Group NV owned 0.08% of ANSYS worth $10,092,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ANSS. Bank of New York Mellon Corp increased its position in ANSYS by 27.2% during the third quarter. Bank of New York Mellon Corp now owns 1,050,124 shares of the software maker’s stock worth $128,883,000 after purchasing an additional 224,640 shares during the last quarter. Pictet Asset Management Ltd. increased its position in ANSYS by 13.6% during the third quarter. Pictet Asset Management Ltd. now owns 1,091,618 shares of the software maker’s stock worth $133,975,000 after purchasing an additional 130,628 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in ANSYS by 34.9% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 501,015 shares of the software maker’s stock worth $61,490,000 after purchasing an additional 129,627 shares during the last quarter. Canada Pension Plan Investment Board increased its position in ANSYS by 1,394.2% during the third quarter. Canada Pension Plan Investment Board now owns 129,320 shares of the software maker’s stock worth $15,871,000 after purchasing an additional 120,665 shares during the last quarter. Finally, Janus Henderson Group PLC increased its position in ANSYS by 33.1% during the third quarter. Janus Henderson Group PLC now owns 445,080 shares of the software maker’s stock worth $54,625,000 after purchasing an additional 110,618 shares during the last quarter. Hedge funds and other institutional investors own 96.22% of the company’s stock.

Shares of ANSYS, Inc. (NASDAQ:ANSS) opened at $157.70 on Thursday. ANSYS, Inc. has a 12-month low of $97.78 and a 12-month high of $164.90. The firm has a market cap of $13,085.48, a PE ratio of 49.59 and a beta of 1.07.

In other ANSYS news, CFO Maria T. Shields sold 25,000 shares of ANSYS stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $162.52, for a total transaction of $4,063,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Richard S. Mahoney sold 8,527 shares of ANSYS stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $17.84, for a total transaction of $152,121.68. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,527 shares of company stock valued at $4,973,622. Company insiders own 1.30% of the company’s stock.

Several equities research analysts recently issued reports on ANSS shares. Needham & Company LLC restated a “hold” rating on shares of ANSYS in a research report on Friday, November 3rd. BidaskClub upgraded shares of ANSYS from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 7th. Zacks Investment Research cut shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Berenberg Bank upgraded shares of ANSYS from a “hold” rating to a “buy” rating and set a $123.00 price objective for the company in a research report on Tuesday, January 30th. Finally, Evercore ISI reiterated a “hold” rating and set a $113.00 price target on shares of ANSYS in a research report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus 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.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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