First Affirmative Financial Network Takes $202,000 Position in ANSYS, Inc. (NASDAQ:ANSS)

First Affirmative Financial Network bought a new position in shares of ANSYS, Inc. (NASDAQ:ANSS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 598 shares of the software maker’s stock, valued at approximately $202,000.

Other large investors also recently bought and sold shares of the company. D1 Capital Partners L.P. acquired a new position in shares of ANSYS during the third quarter worth about $73,345,000. State Street Corp grew its holdings in ANSYS by 3.0% during the 3rd quarter. State Street Corp now owns 3,703,249 shares of the software maker’s stock worth $1,179,966,000 after acquiring an additional 106,187 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of ANSYS by 34.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker’s stock valued at $123,217,000 after purchasing an additional 100,042 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of ANSYS by 140.1% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 138,615 shares of the software maker’s stock valued at $44,565,000 after purchasing an additional 80,886 shares in the last quarter. Finally, CCLA Investment Management lifted its position in shares of ANSYS by 11.9% during the 4th quarter. CCLA Investment Management now owns 445,891 shares of the software maker’s stock worth $150,381,000 after purchasing an additional 47,331 shares during the last quarter. Hedge funds and other institutional investors own 92.39% of the company’s stock.

ANSYS Price Performance

Shares of NASDAQ:ANSS opened at $351.57 on Friday. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The firm has a market capitalization of $30.74 billion, a P/E ratio of 54.25, a P/E/G ratio of 3.72 and a beta of 1.11. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.11 and a quick ratio of 3.11. The company’s fifty day moving average price is $344.50 and its 200 day moving average price is $329.45.

Wall Street Analyst Weigh In

Several research firms recently commented on ANSS. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a report on Monday, January 6th. 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, November 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $346.67.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $336.62, for a total transaction of $67,324.00. Following the transaction, the director now owns 3,430 shares in the company, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.46% of the company’s stock.

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.