Treasurer of the State of North Carolina Has $12.94 Million Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Treasurer of the State of North Carolina raised its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,367 shares of the software maker’s stock after purchasing an additional 240 shares during the quarter. Treasurer of the State of North Carolina’s holdings in ANSYS were worth $12,942,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Ameliora Wealth Management Ltd. bought a new stake in shares of ANSYS during the 4th quarter valued at approximately $27,000. Assetmark Inc. boosted its position in ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock valued at $42,000 after buying an additional 103 shares in the last quarter. Millstone Evans Group LLC bought a new stake in shares of ANSYS during the fourth quarter worth $42,000. SBI Securities Co. Ltd. acquired a new position in shares of ANSYS during the fourth quarter worth $47,000. Finally, Allworth Financial LP lifted its stake in shares of ANSYS by 33.7% in the 4th quarter. Allworth Financial LP now owns 258 shares of the software maker’s stock valued at $92,000 after acquiring an additional 65 shares during the last quarter. Institutional investors and hedge funds own 92.39% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on ANSS. StockNews.com cut ANSYS from a “buy” rating to a “hold” rating in a report on Friday, March 21st. Rosenblatt Securities upped their price target on shares of ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 21st.

ANSYS Trading Down 0.1 %

Shares of ANSS stock opened at $296.31 on Friday. ANSYS, Inc. has a 1-year low of $275.06 and a 1-year high of $363.03. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.12. The stock has a market cap of $25.97 billion, a price-to-earnings ratio of 45.24, a PEG ratio of 3.48 and a beta of 1.20. The stock has a 50-day moving average of $323.28 and a 200-day moving average of $332.78.

ANSYS (NASDAQ:ANSS) last announced its earnings results on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing the consensus estimate of $3.97 by ($0.32). ANSYS had a net margin of 22.62% and a return on equity of 12.69%. The company had revenue of $882.17 million during the quarter, compared to the consensus estimate of $864.46 million. On average, equities research analysts forecast that ANSYS, Inc. will post 8.32 earnings per share for the current year.

Insider Transactions at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $336.62, for a total value of $67,324.00. Following the transaction, the director now directly owns 3,430 shares of the company’s stock, valued at $1,154,606.60. The trade was a 5.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.46% of the stock is currently owned by corporate insiders.

About ANSYS

ANSYS, Inc develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite.