ANSYS, Inc. (NASDAQ:ANSS) Director Barbara Vaughn Scherer sold 1,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $150.00, for a total transaction of $150,000.00. The transaction was disclosed in a filing with the SEC, which is available through this link.
Shares of ANSYS, Inc. (NASDAQ ANSS) traded down $1.44 during mid-day trading on Wednesday, reaching $149.43. 552,300 shares of the company’s stock traded hands, compared to its average volume of 552,171. The company has a market capitalization of $12,802.90, a price-to-earnings ratio of 43.11 and a beta of 1.05. ANSYS, Inc. has a twelve month low of $90.57 and a twelve month high of $155.14.
ANSYS (NASDAQ:ANSS) last posted its earnings results on Wednesday, November 1st. The software maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.10. The firm had revenue of $276.77 million during the quarter, compared to the consensus estimate of $263.77 million. ANSYS had a net margin of 26.01% and a return on equity of 13.67%. The company’s revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the company earned $0.95 earnings per share. analysts forecast that ANSYS, Inc. will post 3.57 earnings per share for the current year.
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A number of research analysts recently weighed in on the stock. Zacks Investment Research raised shares of ANSYS from a “sell” rating to a “hold” rating in a research report on Monday, August 7th. Royal Bank Of Canada reissued a “hold” rating and set a $118.00 price target on shares of ANSYS in a research report on Monday, September 11th. Robert W. Baird set a $130.00 price target on shares of ANSYS and gave the company a “buy” rating in a research report on Monday, August 28th. BidaskClub raised shares of ANSYS from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $129.19 price objective (up previously from $114.00) on shares of ANSYS in a research report on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. ANSYS presently has a consensus rating of “Hold” and an average target price of $128.91.
Institutional investors and hedge funds have recently bought and sold shares of the company. WINTON GROUP Ltd purchased a new position in shares of ANSYS in the second quarter worth about $243,000. Dimensional Fund Advisors LP increased its stake in shares of ANSYS by 11.1% in the second quarter. Dimensional Fund Advisors LP now owns 331,081 shares of the software maker’s stock worth $40,284,000 after purchasing an additional 32,962 shares in the last quarter. Aviva PLC increased its stake in shares of ANSYS by 2.9% in the second quarter. Aviva PLC now owns 51,933 shares of the software maker’s stock worth $6,317,000 after purchasing an additional 1,440 shares in the last quarter. Neuberger Berman Group LLC increased its stake in shares of ANSYS by 1.8% in the second quarter. Neuberger Berman Group LLC now owns 414,743 shares of the software maker’s stock worth $50,466,000 after purchasing an additional 7,443 shares in the last quarter. Finally, Amalgamated Bank increased its stake in shares of ANSYS by 25.0% in the second quarter. Amalgamated Bank now owns 17,469 shares of the software maker’s stock worth $2,126,000 after purchasing an additional 3,490 shares in the last quarter. Hedge funds and other institutional investors own 97.60% of the company’s stock.
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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