National Pension Service Buys New Position in ANSYS, Inc. (ANSS)

National Pension Service bought a new position in ANSYS, Inc. (NASDAQ:ANSS) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 106,105 shares of the software maker’s stock, valued at approximately $15,660,000. National Pension Service owned approximately 0.13% of ANSYS at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Parallax Volatility Advisers L.P. purchased a new stake in shares of ANSYS during the 2nd quarter valued at approximately $138,000. ETF Managers Group LLC purchased a new stake in shares of ANSYS during the 2nd quarter valued at approximately $171,000. Zions Bancorporation raised its position in shares of ANSYS by 9,070.6% during the 3rd quarter. Zions Bancorporation now owns 1,559 shares of the software maker’s stock valued at $191,000 after buying an additional 1,542 shares during the period. Calamos Advisors LLC purchased a new stake in shares of ANSYS during the 3rd quarter valued at approximately $201,000. Finally, Tocqueville Asset Management L.P. purchased a new stake in shares of ANSYS during the 3rd quarter valued at approximately $204,000. 96.22% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have recently commented on the stock. Berenberg Bank raised shares of ANSYS from a “hold” rating to a “buy” rating and set a $123.00 price target on the stock in a research report on Tuesday, January 30th. BidaskClub lowered shares of ANSYS from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 26th. Zacks Investment Research raised shares of ANSYS from a “hold” rating to a “buy” rating and set a $169.00 price target on the stock in a research report on Tuesday, November 7th. Citigroup lifted their price target on shares of ANSYS from $125.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Finally, Wedbush reiterated a “neutral” rating and issued a $114.00 target price (down previously from $136.00) on shares of ANSYS in a report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, ten have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $128.91.

ANSYS, Inc. (NASDAQ:ANSS) traded up $3.50 during trading on Wednesday, reaching $157.70. 319,927 shares of the company traded hands, compared to its average volume of 495,817. ANSYS, Inc. has a 12-month low of $97.78 and a 12-month high of $164.90. The firm has a market cap of $13,170.00, a P/E ratio of 48.49 and a beta of 1.07.

In other ANSYS news, VP Richard S. Mahoney sold 8,527 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $17.84, for a total value of $152,121.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Maria T. Shields sold 25,000 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $162.52, for a total transaction of $4,063,000.00. The disclosure for this sale can be found here. Insiders sold a total of 38,527 shares of company stock valued at $4,973,622 in the last quarter. 1.30% of the stock is owned by insiders.

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ANSYS Company Profile

ANSYS, Inc (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.

Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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