Fieldpoint Private Securities LLC Has $29,000 Position in ANSYS, Inc. (NASDAQ:ANSS)

Fieldpoint Private Securities LLC boosted its position in shares of ANSYS, Inc. (NASDAQ:ANSSGet Rating) by 167.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 91 shares of the software maker’s stock after purchasing an additional 57 shares during the quarter. Fieldpoint Private Securities LLC’s holdings in ANSYS were worth $29,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ANSS. Telemus Capital LLC boosted its holdings in shares of ANSYS by 4.8% in the first quarter. Telemus Capital LLC now owns 15,018 shares of the software maker’s stock valued at $4,770,000 after buying an additional 689 shares during the period. Pacer Advisors Inc. boosted its holdings in shares of ANSYS by 30.3% in the first quarter. Pacer Advisors Inc. now owns 22,973 shares of the software maker’s stock valued at $7,297,000 after buying an additional 5,345 shares during the period. Red Spruce Capital LLC boosted its holdings in shares of ANSYS by 14.2% in the first quarter. Red Spruce Capital LLC now owns 2,037 shares of the software maker’s stock valued at $647,000 after buying an additional 253 shares during the period. Wedmont Private Capital boosted its holdings in shares of ANSYS by 184.0% in the first quarter. Wedmont Private Capital now owns 1,673 shares of the software maker’s stock valued at $541,000 after buying an additional 1,084 shares during the period. Finally, Norges Bank acquired a new position in shares of ANSYS in the fourth quarter valued at approximately $255,302,000. Hedge funds and other institutional investors own 89.93% of the company’s stock.

A number of analysts have recently commented on the stock. TheStreet lowered shares of ANSYS from a “b-” rating to a “c” rating in a research report on Wednesday, May 4th. Royal Bank of Canada dropped their price target on shares of ANSYS from $350.00 to $315.00 in a research report on Friday, May 6th. StockNews.com started coverage on shares of ANSYS in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Daiwa Capital Markets initiated coverage on shares of ANSYS in a research report on Friday, March 25th. They issued a “sell” rating and a $253.00 price objective on the stock. Finally, Mizuho decreased their price target on shares of ANSYS from $310.00 to $285.00 in a research note on Friday, May 6th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $301.60.

In other ANSYS news, Director Glenda Dorchak sold 800 shares of the firm’s stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of $256.18, for a total transaction of $204,944.00. Following the completion of the transaction, the director now owns 4,041 shares in the company, valued at approximately $1,035,223.38. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders.

Shares of ANSYS stock opened at $235.58 on Thursday. The company has a market capitalization of $20.49 billion, a price-to-earnings ratio of 45.83, a PEG ratio of 3.23 and a beta of 1.28. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.17. ANSYS, Inc. has a 12-month low of $225.92 and a 12-month high of $413.89. The firm’s 50-day moving average price is $258.89 and its two-hundred day moving average price is $312.13.

ANSYS (NASDAQ:ANSSGet Rating) last announced its quarterly earnings data on Wednesday, May 4th. The software maker reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.32. The firm had revenue of $428.64 million for the quarter, compared to the consensus estimate of $409.26 million. ANSYS had a net margin of 23.02% and a return on equity of 12.14%. The business’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.81 earnings per share. On average, sell-side analysts expect that ANSYS, Inc. will post 6.27 earnings per share for the current year.

About ANSYS (Get Rating)

ANSYS, Inc develops and markets engineering simulation software and services worldwide. It offers ANSYS Workbench, a framework upon which its multiphysics engineering simulation technologies are built and enables engineers to simulate the interactions between structures, heat transfer, fluids, electronics, and optical elements in a unified engineering simulation environment; high-performance computing product suite; power analysis and optimization software suite that manages the power budget, power delivery integrity, and power-induced noise in an electronic design; 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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