ANSYS, Inc. (NASDAQ:ANSS) Holdings Boosted by iA Global Asset Management Inc.

iA Global Asset Management Inc. boosted its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 5.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,425 shares of the software maker’s stock after acquiring an additional 517 shares during the period. iA Global Asset Management Inc.’s holdings in ANSYS were worth $3,179,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. bought a new position in ANSYS in the fourth quarter worth about $27,000. Assetmark Inc. increased its stake in shares of ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock valued at $42,000 after purchasing an additional 103 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of ANSYS in the fourth quarter valued at approximately $47,000. Allworth Financial LP increased its stake in shares of ANSYS by 33.7% in the fourth quarter. Allworth Financial LP now owns 258 shares of the software maker’s stock valued at $92,000 after purchasing an additional 65 shares during the period. Finally, Brooklyn Investment Group acquired a new stake in shares of ANSYS in the third quarter valued at approximately $119,000. Institutional investors own 92.39% of the company’s stock.

ANSYS Price Performance

NASDAQ ANSS opened at $324.63 on Friday. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.01 and a quick ratio of 3.01. The firm has a market capitalization of $28.45 billion, a PE ratio of 49.56, a P/E/G ratio of 3.48 and a beta of 1.11. The company’s 50 day simple moving average is $337.38 and its 200 day simple moving average is $333.64.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $864.46 million. As a group, equities research analysts forecast that ANSYS, Inc. will post 8.32 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ANSS has been the topic of several analyst reports. StockNews.com upgraded shares of ANSYS from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Rosenblatt Securities raised their price target on shares of ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research note on Friday, February 21st.

Insider Activity 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 shares were 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.46% of the company’s stock.

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.