Howland Capital Management LLC Has $10.05 Million Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Howland Capital Management LLC decreased its position in ANSYS, Inc. (NASDAQ:ANSS) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,787 shares of the software maker’s stock after selling 969 shares during the period. Howland Capital Management LLC’s holdings in ANSYS were worth $10,048,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in ANSS. AQR Capital Management LLC raised its holdings in ANSYS by 21.6% in the 2nd quarter. AQR Capital Management LLC now owns 2,722 shares of the software maker’s stock valued at $875,000 after acquiring an additional 483 shares in the last quarter. CWM LLC raised its holdings in shares of ANSYS by 3.8% in the 3rd quarter. CWM LLC now owns 6,112 shares of the software maker’s stock worth $1,947,000 after buying an additional 226 shares in the last quarter. Wedmont Private Capital raised its holdings in shares of ANSYS by 2.7% in the 3rd quarter. Wedmont Private Capital now owns 2,176 shares of the software maker’s stock worth $681,000 after buying an additional 57 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in shares of ANSYS by 32.6% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 7,073 shares of the software maker’s stock worth $2,253,000 after buying an additional 1,740 shares in the last quarter. Finally, Carnegie Investment Counsel raised its holdings in shares of ANSYS by 6.5% in the 3rd quarter. Carnegie Investment Counsel now owns 92,348 shares of the software maker’s stock worth $29,425,000 after buying an additional 5,605 shares in the last quarter. Institutional investors and hedge funds own 92.39% of the company’s stock.

Insider Buying and Selling at ANSYS

In other 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 value of $67,324.00. Following the transaction, the director now directly 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 document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.46% of the company’s stock.

ANSYS Stock Down 0.5 %

Shares of ANSS opened at $344.86 on Friday. The firm has a market capitalization of $30.16 billion, a price-to-earnings ratio of 53.22, a PEG ratio of 3.61 and a beta of 1.12. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11. The business’s fifty day moving average price is $344.21 and its two-hundred day moving average price is $330.69. ANSYS, Inc. has a 52 week low of $289.82 and a 52 week high of $363.03.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. StockNews.com cut ANSYS from a “buy” rating to a “hold” rating in a report on Monday, January 6th. Robert W. Baird increased their price target 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 assigned a buy rating to the company’s stock. According to data from MarketBeat, ANSYS presently has an average rating of “Hold” and an average price target of $346.67.

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.