BNP Paribas Arbitrage SA Boosts Stake in ANSYS, Inc. (ANSS)

BNP Paribas Arbitrage SA grew its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 52.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 52,775 shares of the software maker’s stock after buying an additional 18,115 shares during the quarter. BNP Paribas Arbitrage SA owned 0.06% of ANSYS worth $6,477,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ANSS. OppenheimerFunds Inc. purchased a new stake in shares of ANSYS during the 1st quarter valued at $247,000. Teachers Advisors LLC raised its position in shares of ANSYS by 8.2% during the 1st quarter. Teachers Advisors LLC now owns 103,507 shares of the software maker’s stock valued at $11,062,000 after buying an additional 7,876 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of ANSYS by 2.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 298,119 shares of the software maker’s stock valued at $31,859,000 after buying an additional 7,194 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of ANSYS during the 1st quarter valued at $249,000. Finally, Bank of Montreal Can raised its position in shares of ANSYS by 39.6% during the 2nd quarter. Bank of Montreal Can now owns 53,258 shares of the software maker’s stock valued at $6,479,000 after buying an additional 15,095 shares in the last quarter. Hedge funds and other institutional investors own 97.60% of the company’s stock.

ANSYS, Inc. (NASDAQ:ANSS) opened at $151.46 on Friday. ANSYS, Inc. has a 52-week low of $91.89 and a 52-week high of $155.14. The stock has a market cap of $12,671.37, a PE ratio of 42.66 and a beta of 1.05.

ANSYS (NASDAQ:ANSS) last released its quarterly earnings data on Wednesday, November 1st. The software maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.10. ANSYS had a net margin of 26.01% and a return on equity of 13.67%. The firm had revenue of $276.77 million for the quarter, compared to analysts’ expectations of $263.77 million. During the same quarter in the previous year, the company earned $0.95 earnings per share. The company’s revenue for the quarter was up 12.6% compared to the same quarter last year. analysts forecast that ANSYS, Inc. will post 3.57 earnings per share for the current fiscal year.

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In other ANSYS news, Director Barbara Vaughn Scherer sold 1,000 shares of the business’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $150.00, for a total value of $150,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Shane Emswiler sold 12,504 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $151.96, for a total transaction of $1,900,107.84. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

A number of equities analysts recently commented on the stock. Zacks Investment Research upgraded shares of ANSYS from a “hold” rating to a “buy” rating and set a $169.00 target price on the stock in a research report on Tuesday, November 7th. Citigroup Inc. lifted their target price on shares of ANSYS from $125.00 to $160.00 and gave the stock a “neutral” rating in a research report on Friday, November 3rd. Wedbush reiterated a “neutral” rating and issued a $114.00 target price (down previously from $136.00) on shares of ANSYS in a research report on Friday, November 3rd. Needham & Company LLC reiterated a “hold” rating on shares of ANSYS in a research report on Friday, November 3rd. Finally, Royal Bank Of Canada lifted their target price on shares of ANSYS from $130.00 to $147.00 and gave the stock a “sector perform” rating in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. ANSYS presently has an average rating of “Hold” and an average target price of $128.91.

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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