ANSYS, Inc. (ANSS) Shares Bought by Tredje AP fonden

Tredje AP fonden raised its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 29.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,040 shares of the software maker’s stock after buying an additional 4,970 shares during the period. Tredje AP fonden’s holdings in ANSYS were worth $2,682,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Gofen & Glossberg LLC IL lifted its position in shares of ANSYS by 1.6% during the first quarter. Gofen & Glossberg LLC IL now owns 2,535 shares of the software maker’s stock valued at $271,000 after purchasing an additional 40 shares in the last quarter. Pacer Advisors Inc. lifted its position in shares of ANSYS by 2.9% during the first quarter. Pacer Advisors Inc. now owns 1,539 shares of the software maker’s stock valued at $164,000 after purchasing an additional 44 shares in the last quarter. Bronfman E.L. Rothschild L.P. lifted its position in shares of ANSYS by 7.5% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 995 shares of the software maker’s stock valued at $121,000 after purchasing an additional 69 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of ANSYS by 0.8% during the second quarter. Advisors Asset Management Inc. now owns 10,105 shares of the software maker’s stock valued at $1,230,000 after purchasing an additional 77 shares in the last quarter. Finally, Bell Bank lifted its position in shares of ANSYS by 3.9% during the first quarter. Bell Bank now owns 2,764 shares of the software maker’s stock valued at $295,000 after purchasing an additional 105 shares in the last quarter. 96.87% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently weighed in on the stock. BidaskClub lowered shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Saturday, June 17th. Evercore ISI set a $113.00 price target on shares of ANSYS and gave the company a “hold” rating in a research report on Saturday, June 10th. Zacks Investment Research raised shares of ANSYS from a “sell” rating to a “hold” rating in a research report on Monday, August 7th. Barclays PLC lowered their price objective on shares of ANSYS from $115.00 to $113.00 and set an “underweight” rating on the stock in a research report on Friday. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $118.00 price objective on shares of ANSYS in a research report on Monday, September 11th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. ANSYS currently has a consensus rating of “Hold” and an average target price of $115.22.

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Shares of ANSYS, Inc. (NASDAQ:ANSS) traded down 5.68% during trading on Friday, reaching $121.82. 1,769,615 shares of the company traded hands. The company has a market capitalization of $10.33 billion, a P/E ratio of 39.15 and a beta of 1.07. ANSYS, Inc. has a 52 week low of $82.28 and a 52 week high of $132.74. The company’s 50-day moving average price is $127.10 and its 200-day moving average price is $119.07.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings results on Wednesday, August 2nd. The software maker reported $0.99 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.07. ANSYS had a return on equity of 13.87% and a net margin of 26.37%. The firm had revenue of $264.30 million during the quarter, compared to analysts’ expectations of $259.75 million. During the same period in the previous year, the business earned $0.93 earnings per share. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Equities research analysts forecast that ANSYS, Inc. will post $3.86 EPS for the current fiscal year.

About ANSYS

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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