Marshall Wace LLP Has $47.50 Million Stake in ANSYS, Inc. (ANSS)

Marshall Wace LLP increased its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 582.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 254,459 shares of the software maker’s stock after acquiring an additional 217,179 shares during the period. Marshall Wace LLP’s holdings in ANSYS were worth $47,502,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ANSS. Morgan Stanley grew its position in shares of ANSYS by 229.2% during the 2nd quarter. Morgan Stanley now owns 1,432,463 shares of the software maker’s stock valued at $249,507,000 after acquiring an additional 997,328 shares during the period. Select Equity Group L.P. grew its position in shares of ANSYS by 125.5% during the 3rd quarter. Select Equity Group L.P. now owns 874,115 shares of the software maker’s stock valued at $163,180,000 after acquiring an additional 486,564 shares during the period. BlackRock Inc. grew its position in shares of ANSYS by 4.5% during the 3rd quarter. BlackRock Inc. now owns 7,292,501 shares of the software maker’s stock valued at $1,361,363,000 after acquiring an additional 313,395 shares during the period. AXA grew its position in shares of ANSYS by 81.8% during the 3rd quarter. AXA now owns 300,756 shares of the software maker’s stock valued at $56,145,000 after acquiring an additional 135,298 shares during the period. Finally, Alecta Pensionsforsakring Omsesidigt acquired a new stake in shares of ANSYS during the 3rd quarter valued at about $21,468,000. Hedge funds and other institutional investors own 94.48% of the company’s stock.

ANSYS stock traded up $1.55 during midday trading on Thursday, reaching $158.19. The company had a trading volume of 810,600 shares, compared to its average volume of 531,096. The firm has a market capitalization of $13.09 billion, a PE ratio of 43.82 and a beta of 1.33. ANSYS, Inc. has a 12-month low of $140.78 and a 12-month high of $190.45.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings results on Wednesday, November 7th. The software maker reported $1.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.91 by $0.19. The firm had revenue of $293.00 million for the quarter, compared to analyst estimates of $286.57 million. ANSYS had a net margin of 27.00% and a return on equity of 15.33%. ANSYS’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company posted $1.05 EPS. On average, equities analysts anticipate that ANSYS, Inc. will post 4.66 EPS for the current fiscal year.

In other ANSYS news, Director Michael Thurk sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 1st. The shares were sold at an average price of $152.26, for a total value of $532,910.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Barbara Vaughn Scherer sold 2,454 shares of the firm’s stock in a transaction that occurred on Thursday, September 13th. The stock was sold at an average price of $187.99, for a total transaction of $461,327.46. The disclosure for this sale can be found here. Company insiders own 1.10% of the company’s stock.

ANSS has been the topic of a number of analyst reports. William Blair initiated coverage on ANSYS in a research report on Tuesday, October 9th. They set a “market perform” rating on the stock. Needham & Company LLC upgraded ANSYS from a “hold” rating to a “buy” rating and set a $172.00 target price on the stock in a research report on Monday, October 29th. BidaskClub cut ANSYS from a “hold” rating to a “sell” rating in a research report on Friday, October 12th. Citigroup restated an “overweight” rating on shares of ANSYS in a research report on Tuesday, August 14th. Finally, Wedbush upgraded ANSYS from a “neutral” rating to an “outperform” rating and raised their target price for the company from $180.00 to $184.00 in a research report on Friday, November 2nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company’s stock. ANSYS presently has a consensus rating of “Buy” and an average target price of $176.09.

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ANSYS Profile

ANSYS, Inc develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company's engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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