ANSYS, Inc. (NASDAQ:ANSS) is Liontrust Investment Partners LLP’s 7th Largest Position

Liontrust Investment Partners LLP reduced its position in ANSYS, Inc. (NASDAQ:ANSSFree Report) by 1.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 649,694 shares of the software maker’s stock after selling 12,665 shares during the period. ANSYS makes up approximately 3.1% of Liontrust Investment Partners LLP’s holdings, making the stock its 7th largest holding. Liontrust Investment Partners LLP owned approximately 0.75% of ANSYS worth $193,324,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. West Tower Group LLC acquired a new position in ANSYS during the 2nd quarter worth approximately $31,000. China Universal Asset Management Co. Ltd. lifted its position in ANSYS by 276.9% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 98 shares of the software maker’s stock worth $32,000 after acquiring an additional 72 shares in the last quarter. KB Financial Partners LLC lifted its position in ANSYS by 854.5% during the 2nd quarter. KB Financial Partners LLC now owns 105 shares of the software maker’s stock worth $35,000 after acquiring an additional 94 shares in the last quarter. Gyon Technologies Capital Management LP acquired a new position in ANSYS during the 4th quarter worth approximately $37,000. Finally, Capital Advisors Ltd. LLC lifted its position in ANSYS by 1,500.0% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 128 shares of the software maker’s stock worth $42,000 after acquiring an additional 120 shares in the last quarter. 90.21% of the stock is owned by institutional investors and hedge funds.

ANSYS Stock Performance

ANSS stock traded down $1.28 during trading on Friday, reaching $344.05. 348,642 shares of the company’s stock were exchanged, compared to its average volume of 1,085,324. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 0.15. ANSYS, Inc. has a 1-year low of $258.01 and a 1-year high of $364.31. The company’s fifty day moving average price is $328.73 and its 200-day moving average price is $310.78. The firm has a market cap of $29.89 billion, a PE ratio of 62.03, a P/E/G ratio of 6.52 and a beta of 1.17.

Analysts Set New Price Targets

ANSS has been the topic of several recent research reports. Royal Bank of Canada reduced their price target on ANSYS from $310.00 to $290.00 and set a “sector perform” rating on the stock in a research report on Friday, November 3rd. William Blair restated a “market perform” rating on shares of ANSYS in a report on Thursday, November 2nd. Mizuho dropped their price objective on ANSYS from $350.00 to $330.00 and set a “neutral” rating on the stock in a report on Wednesday, January 17th. Bank of America downgraded ANSYS from a “buy” rating to an “underperform” rating and dropped their price objective for the stock from $356.00 to $295.00 in a report on Tuesday, November 14th. Finally, Wolfe Research restated a “peer perform” rating on shares of ANSYS in a report on Wednesday, January 17th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $317.20.

Get Our Latest Stock Report on ANSYS

Insiders Place Their Bets

In other ANSYS news, CEO Ajei Gopal sold 9,566 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $298.29, for a total transaction of $2,853,442.14. Following the completion of the transaction, the chief executive officer now owns 213,977 shares in the company, valued at approximately $63,827,199.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Glenda Dorchak sold 200 shares of the company’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $345.68, for a total value of $69,136.00. Following the completion of the sale, the director now owns 3,199 shares in the company, valued at $1,105,830.32. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Ajei Gopal sold 9,566 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $298.29, for a total value of $2,853,442.14. Following the completion of the sale, the chief executive officer now owns 213,977 shares of the company’s stock, valued at approximately $63,827,199.33. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by insiders.

About ANSYS

(Free Report)

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.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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