Macquarie Group Ltd. Has $3.01 Million Stake in ANSYS, Inc. (NASDAQ:ANSS)

Macquarie Group Ltd. boosted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 129.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,029 shares of the software maker’s stock after buying an additional 5,101 shares during the quarter. Macquarie Group Ltd.’s holdings in ANSYS were worth $3,005,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ANSS. American Century Companies Inc. lifted its holdings in ANSYS by 12.4% during the 1st quarter. American Century Companies Inc. now owns 2,254 shares of the software maker’s stock worth $716,000 after buying an additional 248 shares during the period. Panagora Asset Management Inc. lifted its holdings in ANSYS by 59.0% during the 1st quarter. Panagora Asset Management Inc. now owns 4,430 shares of the software maker’s stock worth $1,407,000 after buying an additional 1,643 shares during the period. Cibc World Market Inc. lifted its holdings in ANSYS by 7.3% during the 1st quarter. Cibc World Market Inc. now owns 2,323 shares of the software maker’s stock worth $738,000 after buying an additional 158 shares during the period. Dimensional Fund Advisors LP lifted its holdings in ANSYS by 3.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 301,397 shares of the software maker’s stock worth $95,742,000 after buying an additional 10,284 shares during the period. Finally, Allianz Asset Management GmbH raised its position in shares of ANSYS by 4.5% in the 1st quarter. Allianz Asset Management GmbH now owns 71,045 shares of the software maker’s stock worth $22,567,000 after acquiring an additional 3,063 shares in the last quarter. 90.21% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $298.99, for a total transaction of $59,798.00. Following the completion of the sale, the director now directly owns 3,621 shares of the company’s stock, valued at approximately $1,082,642.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $298.99, for a total value of $59,798.00. Following the transaction, the director now owns 3,621 shares in the company, valued at approximately $1,082,642.79. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Ajei Gopal sold 13,262 shares of the business’s stock in a transaction that occurred on Tuesday, July 18th. The stock was sold at an average price of $350.04, for a total value of $4,642,230.48. Following the completion of the transaction, the chief executive officer now owns 213,977 shares in the company, valued at approximately $74,900,509.08. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ANSS. TheStreet lowered ANSYS from a “b-” rating to a “c+” rating in a research report on Tuesday, August 22nd. Royal Bank of Canada reissued a “sector perform” rating and issued a $310.00 price objective on shares of ANSYS in a research report on Friday, August 4th. Barclays lifted their price objective on ANSYS from $292.00 to $303.00 and gave the stock an “underweight” rating in a research report on Friday, July 14th. Rosenblatt Securities reissued a “buy” rating and issued a $320.00 price objective on shares of ANSYS in a research report on Friday, August 4th. Finally, StockNews.com assumed coverage on ANSYS in a research report on Thursday, August 17th. They issued a “hold” rating for the company. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, ANSYS currently has an average rating of “Hold” and an average price target of $317.45.

ANSYS Stock Performance

Shares of ANSYS stock opened at $311.92 on Tuesday. ANSYS, Inc. has a one year low of $194.23 and a one year high of $351.23. The firm has a market capitalization of $27.07 billion, a price-to-earnings ratio of 51.99, a PEG ratio of 5.96 and a beta of 1.24. The business has a 50-day simple moving average of $318.98 and a 200 day simple moving average of $317.18. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.20 and a quick ratio of 2.20.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings data on Thursday, August 3rd. The software maker reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.11. The firm had revenue of $496.60 million during the quarter, compared to analyst estimates of $490.05 million. ANSYS had a return on equity of 11.83% and a net margin of 24.12%. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.39 EPS. On average, research analysts anticipate that ANSYS, Inc. will post 6.61 earnings per share for the current fiscal year.

ANSYS Profile

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 and the cloud; 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.