ANSYS, Inc. (NASDAQ:ANSS) Shares Purchased by Janney Montgomery Scott LLC

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Janney Montgomery Scott LLC increased its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 7.7% in the fourth quarter, HoldingsChannel reports. The firm owned 39,228 shares of the software maker’s stock after acquiring an additional 2,796 shares during the quarter. Janney Montgomery Scott LLC’s holdings in ANSYS were worth $10,098,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC lifted its holdings in ANSYS by 3.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,121 shares of the software maker’s stock valued at $288,000 after acquiring an additional 40 shares during the period. Huntington National Bank lifted its holdings in ANSYS by 5.5% in the fourth quarter. Huntington National Bank now owns 780 shares of the software maker’s stock valued at $201,000 after acquiring an additional 41 shares during the period. Winslow Evans & Crocker Inc. lifted its holdings in ANSYS by 85.2% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 100 shares of the software maker’s stock valued at $26,000 after acquiring an additional 46 shares during the period. Empire Life Investments Inc. lifted its holdings in ANSYS by 1.6% in the second quarter. Empire Life Investments Inc. now owns 3,157 shares of the software maker’s stock valued at $646,000 after acquiring an additional 49 shares during the period. Finally, Citizens Financial Group Inc RI lifted its holdings in ANSYS by 64.5% in the third quarter. Citizens Financial Group Inc RI now owns 125 shares of the software maker’s stock valued at $28,000 after acquiring an additional 49 shares during the period. 93.99% of the stock is owned by hedge funds and other institutional investors.

ANSYS stock opened at $277.71 on Friday. The stock has a market capitalization of $23.13 billion, a PE ratio of 54.24 and a beta of 1.40. ANSYS, Inc. has a 12 month low of $157.01 and a 12 month high of $278.71. The business has a 50 day simple moving average of $259.58 and a 200-day simple moving average of $228.97. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.55 and a quick ratio of 2.55.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings data on Wednesday, November 6th. The software maker reported $1.42 EPS for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.42. The business had revenue of $343.90 million during the quarter, compared to analysts’ expectations of $334.40 million. ANSYS had a return on equity of 16.65% and a net margin of 30.35%. The business’s revenue was up 18.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.31 earnings per share. On average, equities research analysts anticipate that ANSYS, Inc. will post 5.26 EPS for the current fiscal year.

In related news, VP Richard S. Mahoney sold 8,347 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $257.65, for a total transaction of $2,150,604.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Maria T. Shields sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $253.90, for a total value of $3,808,500.00. The disclosure for this sale can be found here. Insiders sold 25,764 shares of company stock valued at $6,520,813 over the last 90 days. Company insiders own 1.11% of the company’s stock.

A number of research analysts have issued reports on the company. Evercore ISI reissued a “hold” rating and issued a $200.00 price target on shares of ANSYS in a report on Sunday, November 24th. BidaskClub raised ANSYS from a “buy” rating to a “strong-buy” rating in a report on Wednesday. Needham & Company LLC downgraded ANSYS from a “buy” rating to a “hold” rating in a report on Thursday, January 2nd. ValuEngine downgraded ANSYS from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Benchmark boosted their price target on ANSYS from $235.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, six have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. ANSYS has a consensus rating of “Buy” and a consensus target price of $228.00.

ANSYS Profile

ANSYS, Inc develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company's engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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