14,765 Shares in ANSYS, Inc. (ANSS) Purchased by Cornerstone Capital Management Holdings LLC.

Cornerstone Capital Management Holdings LLC. acquired a new position in shares of ANSYS, Inc. (NASDAQ:ANSS) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 14,765 shares of the software maker’s stock, valued at approximately $1,795,000.

A number of other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in ANSYS by 111.0% in the 1st quarter. JPMorgan Chase & Co. now owns 48,884 shares of the software maker’s stock valued at $5,224,000 after buying an additional 25,719 shares during the period. OppenheimerFunds Inc. purchased a new stake in ANSYS in the 1st quarter valued at about $247,000. Teachers Advisors LLC grew its holdings in ANSYS by 8.2% in 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 during the period. Thrivent Financial For Lutherans grew its holdings in ANSYS by 8.2% in the 1st quarter. Thrivent Financial For Lutherans now owns 16,000 shares of the software maker’s stock valued at $1,710,000 after buying an additional 1,210 shares during the period. Finally, Global X Management Co. LLC grew its holdings in ANSYS by 30.6% in the 1st quarter. Global X Management Co. LLC now owns 1,263 shares of the software maker’s stock valued at $135,000 after buying an additional 296 shares during the period. Hedge funds and other institutional investors own 96.76% of the company’s stock.

ANSS has been the subject of several recent analyst reports. Zacks Investment Research cut ANSYS from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Wedbush restated a “neutral” rating and issued a $129.19 price target (up previously from $114.00) on shares of ANSYS in a report on Friday, September 15th. Barclays PLC lowered their price target on ANSYS from $115.00 to $113.00 and set an “underweight” rating for the company in a report on Friday, September 15th. Royal Bank Of Canada restated a “hold” rating and issued a $118.00 price target on shares of ANSYS in a report on Monday, September 11th. Finally, BidaskClub upgraded ANSYS from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $116.68.

ANSYS, Inc. (NASDAQ:ANSS) opened at 130.94 on Friday. The firm has a market capitalization of $11.10 billion, a price-to-earnings ratio of 42.08 and a beta of 1.05. ANSYS, Inc. has a 1-year low of $82.28 and a 1-year high of $132.74. The stock has a 50 day moving average price of $126.27 and a 200 day moving average price of $122.43.

ANSYS (NASDAQ:ANSS) last issued its earnings results on Wednesday, August 2nd. The software maker reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.07. ANSYS had a return on equity of 12.71% and a net margin of 26.42%. The company had revenue of $264.30 million for the quarter, compared to analyst estimates of $259.75 million. During the same period in the prior year, the firm posted $0.93 EPS. The business’s revenue was up 7.4% compared to the same quarter last year. Analysts predict that ANSYS, Inc. will post $3.87 EPS for the current year.

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A number of other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in ANSYS by 111.0% in the 1st quarter. JPMorgan Chase & Co. now owns 48,884 shares of the software maker’s stock valued at $5,224,000 after buying an additional 25,719 shares during the period. OppenheimerFunds Inc. purchased a new stake in ANSYS in the 1st quarter valued at about $247,000. Teachers Advisors LLC grew its holdings in ANSYS by 8.2% in 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 during the period. Thrivent Financial For Lutherans grew its holdings in ANSYS by 8.2% in the 1st quarter. Thrivent Financial For Lutherans now owns 16,000 shares of the software maker’s stock valued at $1,710,000 after buying an additional 1,210 shares during the period. Finally, Global X Management Co. LLC grew its holdings in ANSYS by 30.6% in the 1st quarter. Global X Management Co. LLC now owns 1,263 shares of the software maker’s stock valued at $135,000 after buying an additional 296 shares during the period. Hedge funds and other institutional investors own 96.76% of the company’s stock.

ANSS has been the subject of several recent analyst reports. Zacks Investment Research cut ANSYS from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Wedbush restated a “neutral” rating and issued a $129.19 price target (up previously from $114.00) on shares of ANSYS in a report on Friday, September 15th. Barclays PLC lowered their price target on ANSYS from $115.00 to $113.00 and set an “underweight” rating for the company in a report on Friday, September 15th. Royal Bank Of Canada restated a “hold” rating and issued a $118.00 price target on shares of ANSYS in a report on Monday, September 11th. Finally, BidaskClub upgraded ANSYS from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $116.68.

ANSYS, Inc. (NASDAQ:ANSS) opened at 130.94 on Friday. The firm has a market capitalization of $11.10 billion, a price-to-earnings ratio of 42.08 and a beta of 1.05. ANSYS, Inc. has a 1-year low of $82.28 and a 1-year high of $132.74. The stock has a 50 day moving average price of $126.27 and a 200 day moving average price of $122.43.

ANSYS (NASDAQ:ANSS) last issued its earnings results on Wednesday, August 2nd. The software maker reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.07. ANSYS had a return on equity of 12.71% and a net margin of 26.42%. The company had revenue of $264.30 million for the quarter, compared to analyst estimates of $259.75 million. During the same period in the prior year, the firm posted $0.93 EPS. The business’s revenue was up 7.4% compared to the same quarter last year. Analysts predict that ANSYS, Inc. will post $3.87 EPS for the current year.

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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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