ANSYS, Inc. (NASDAQ:ANSS) Shares Bought by iA Global Asset Management Inc.

iA Global Asset Management Inc. lifted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,908 shares of the software maker’s stock after buying an additional 332 shares during the period. iA Global Asset Management Inc.’s holdings in ANSYS were worth $2,838,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ANSS. Bangor Savings Bank lifted its position in ANSYS by 32.7% in the third quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock valued at $44,000 after purchasing an additional 34 shares during the period. OneDigital Investment Advisors LLC grew its stake in shares of ANSYS by 3.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,285 shares of the software maker’s stock worth $409,000 after purchasing an additional 37 shares during the period. Gardner Lewis Asset Management L P increased its holdings in shares of ANSYS by 1.9% in the 2nd quarter. Gardner Lewis Asset Management L P now owns 2,175 shares of the software maker’s stock valued at $699,000 after purchasing an additional 40 shares in the last quarter. Eads & Heald Wealth Management increased its holdings in shares of ANSYS by 1.6% in the 3rd quarter. Eads & Heald Wealth Management now owns 2,533 shares of the software maker’s stock valued at $807,000 after purchasing an additional 40 shares in the last quarter. Finally, Verdence Capital Advisors LLC lifted its stake in shares of ANSYS by 2.7% in the third quarter. Verdence Capital Advisors LLC now owns 1,597 shares of the software maker’s stock valued at $509,000 after purchasing an additional 42 shares during the period. Hedge funds and other institutional investors own 92.39% of the company’s stock.

ANSYS Stock Up 0.3 %

Shares of NASDAQ:ANSS opened at $345.30 on Monday. The stock’s 50-day moving average price is $333.75 and its two-hundred day moving average price is $324.72. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13. ANSYS, Inc. has a 12-month low of $283.39 and a 12-month high of $364.31. The firm has a market cap of $30.20 billion, a price-to-earnings ratio of 53.29, a PEG ratio of 4.09 and a beta of 1.10.

Insiders Place Their Bets

In other ANSYS news, Director Glenda Dorchak sold 152 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The shares were 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 directly owns 3,630 shares in the company, valued at $1,138,404.30. The trade was a 4.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.46% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on ANSS. Robert W. Baird upped their price target on ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. StockNews.com downgraded ANSYS from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $342.50.

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.