Skandinaviska Enskilda Banken AB publ Has $9.41 Million Stake in ANSYS, Inc. (NASDAQ:ANSS)

Skandinaviska Enskilda Banken AB publ lifted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 2.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 27,872 shares of the software maker’s stock after buying an additional 600 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in ANSYS were worth $9,408,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ANSS. Impax Asset Management Group plc grew its position in shares of ANSYS by 8.0% during the 3rd quarter. Impax Asset Management Group plc now owns 603,394 shares of the software maker’s stock worth $192,259,000 after buying an additional 44,605 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of ANSYS during the 3rd quarter worth approximately $451,000. Plato Investment Management Ltd grew its position in shares of ANSYS by 36,680.0% during the 3rd quarter. Plato Investment Management Ltd now owns 1,839 shares of the software maker’s stock worth $585,000 after buying an additional 1,834 shares during the period. KBC Group NV grew its position in shares of ANSYS by 20.9% during the 3rd quarter. KBC Group NV now owns 110,928 shares of the software maker’s stock worth $35,345,000 after buying an additional 19,149 shares during the period. Finally, Huntington National Bank lifted its holdings in shares of ANSYS by 11.9% in the 3rd quarter. Huntington National Bank now owns 639 shares of the software maker’s stock worth $204,000 after purchasing an additional 68 shares in the last quarter. Institutional investors and hedge funds own 92.39% of the company’s stock.

ANSYS Price Performance

Shares of ANSS opened at $322.68 on Friday. ANSYS, Inc. has a 12-month low of $289.82 and a 12-month high of $363.03. The business’s fifty day moving average is $338.68 and its 200 day moving average is $333.49. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. The stock has a market cap of $28.28 billion, a P/E ratio of 49.26, a P/E/G ratio of 3.48 and a beta of 1.11.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 earnings per share for the quarter, missing the consensus estimate of $3.97 by ($0.32). ANSYS had a net margin of 22.62% and a return on equity of 12.69%. The company had revenue of $882.17 million for the quarter, compared to the consensus estimate of $864.46 million. Sell-side analysts anticipate that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

Insider Buying and Selling at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the firm’s stock in a transaction 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 directly owns 3,430 shares in the company, valued at approximately $1,154,606.60. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ANSS shares. StockNews.com upgraded ANSYS from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Rosenblatt Securities increased their target price on ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, February 21st.

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.