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.
COPYRIGHT VIOLATION NOTICE: This story was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.dispatchtribunal.com/2018/02/14/106105-shares-in-ansys-inc-anss-acquired-by-national-pension-service-2.html.
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.
Receive News & Ratings for ANSYS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ANSYS and related companies with MarketBeat.com's FREE daily email newsletter.