Signaturefd LLC Buys 97 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Signaturefd LLC increased its stake in ANSYS, Inc. (NASDAQ:ANSS) by 7.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,431 shares of the software maker’s stock after purchasing an additional 97 shares during the period. Signaturefd LLC’s holdings in ANSYS were worth $483,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ANSS. Ameliora Wealth Management Ltd. acquired a new stake in ANSYS during the 4th quarter worth $27,000. Assetmark Inc. lifted its position in ANSYS by 468.2% during the 4th quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock worth $42,000 after buying an additional 103 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in ANSYS during the 4th quarter worth about $47,000. Allworth Financial LP raised its holdings in shares of ANSYS by 33.7% in the 4th 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 bought a new stake in shares of ANSYS in the 3rd quarter valued at about $119,000. Institutional investors and hedge funds own 92.39% of the company’s stock.

Insider Buying and Selling

In related news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction 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 completion of the transaction, the director now owns 3,430 shares of the company’s stock, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.46% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ANSS has been the topic of a number of research 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 increased their price target on shares of ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 21st.

ANSYS Price Performance

Shares of NASDAQ:ANSS opened at $324.63 on Friday. The company has a market cap of $28.45 billion, a price-to-earnings ratio of 49.56, a PEG ratio of 3.48 and a beta of 1.11. 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 50 day simple moving average of $337.38 and a 200 day simple moving average of $333.64. ANSYS, Inc. has a one year low of $289.82 and a one year high of $363.03.

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

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.