ANSYS, Inc. (NASDAQ:ANSS) Director Glenda Dorchak Sells 200 Shares

ANSYS, Inc. (NASDAQ:ANSS) Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $300.01, for a total value of $60,002.00. Following the transaction, the director now owns 3,230 shares in the company, valued at approximately $969,032.30. The trade was a 5.83 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

ANSYS Trading Up 0.7 %

Shares of ANSS stock opened at $304.08 on Wednesday. The company has a market capitalization of $26.65 billion, a P/E ratio of 46.42, a price-to-earnings-growth ratio of 3.48 and a beta of 1.20. 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 business’s 50 day moving average is $321.53 and its two-hundred day moving average is $332.48. ANSYS, Inc. has a twelve month low of $275.06 and a twelve month high of $363.03.

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

Wall Street Analyst Weigh In

ANSS has been the subject of a number of research analyst reports. Rosenblatt Securities increased their price objective on shares of ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 21st. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a research report on Friday, March 21st.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ANSS. Ameliora Wealth Management Ltd. acquired a new stake in shares of ANSYS in the fourth quarter worth approximately $27,000. NBC Securities Inc. purchased a new position in ANSYS during the first quarter worth approximately $31,000. Quarry LP boosted its holdings in shares of ANSYS by 1,550.0% in the 4th quarter. Quarry LP now owns 99 shares of the software maker’s stock valued at $33,000 after purchasing an additional 93 shares during the last quarter. Assetmark Inc. grew its stake in shares of ANSYS by 468.2% during the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock valued at $42,000 after buying an additional 103 shares during the period. Finally, Millstone Evans Group LLC acquired a new stake in shares of ANSYS during the 4th quarter worth $42,000. 92.39% of the stock is currently owned by institutional investors and hedge funds.

ANSYS Company Profile

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.