First Personal Financial Services Has $10.44 Million Holdings in ANSYS, Inc. (NASDAQ:ANSS)

First Personal Financial Services lessened its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,778 shares of the software maker’s stock after selling 457 shares during the quarter. ANSYS makes up about 2.2% of First Personal Financial Services’ investment portfolio, making the stock its 13th largest position. First Personal Financial Services’ holdings in ANSYS were worth $10,444,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Verdence Capital Advisors LLC lifted its position in shares of ANSYS by 2.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 1,597 shares of the software maker’s stock worth $509,000 after buying an additional 42 shares during the period. Executive Wealth Management LLC lifted its position in shares of ANSYS by 20.7% during the 3rd quarter. Executive Wealth Management LLC now owns 7,112 shares of the software maker’s stock worth $2,266,000 after buying an additional 1,221 shares during the period. Tandem Investment Advisors Inc. lifted its position in shares of ANSYS by 3.4% during the 3rd quarter. Tandem Investment Advisors Inc. now owns 11,411 shares of the software maker’s stock worth $3,636,000 after buying an additional 375 shares during the period. M&G PLC lifted its position in shares of ANSYS by 5.5% during the 3rd quarter. M&G PLC now owns 350,325 shares of the software maker’s stock worth $111,754,000 after buying an additional 18,164 shares during the period. Finally, Crestwood Advisors Group LLC lifted its position in shares of ANSYS by 4.8% during the 3rd quarter. Crestwood Advisors Group LLC now owns 1,459 shares of the software maker’s stock worth $465,000 after buying an additional 67 shares during the period. Institutional investors and hedge funds own 92.39% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Robert W. Baird raised their target price on ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a research report on Thursday. Rosenblatt Securities cut their price objective on ANSYS from $345.00 to $335.00 and set a “neutral” rating for the company in a research report on Tuesday, August 6th. Finally, StockNews.com downgraded ANSYS from a “buy” rating to a “hold” rating in a research report on Wednesday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $333.00.

Insider Transactions at ANSYS

In other news, Director Glenda Dorchak sold 152 shares of the business’s stock in a transaction on Monday, October 7th. The stock was sold at an average price of $313.61, for a total transaction of $47,668.72. Following the completion of the sale, the director now owns 3,630 shares in the company, valued at $1,138,404.30. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.46% of the stock is currently owned by corporate insiders.

ANSYS Trading Down 3.8 %

ANSS stock opened at $342.18 on Friday. The company has a market cap of $29.90 billion, a P/E ratio of 52.81, a PEG ratio of 7.15 and a beta of 1.11. ANSYS, Inc. has a twelve month low of $275.81 and a twelve month high of $364.31. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.13. The business has a fifty day moving average of $321.88 and a 200-day moving average of $321.93.

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.