ANSYS, Inc. (ANSS) Holdings Boosted by Capital Investment Services of America Inc.

Capital Investment Services of America Inc. raised its position in ANSYS, Inc. (NASDAQ:ANSS) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 82,557 shares of the software maker’s stock after buying an additional 1,830 shares during the quarter. ANSYS comprises about 2.1% of Capital Investment Services of America Inc.’s portfolio, making the stock its 22nd largest position. Capital Investment Services of America Inc. owned about 0.10% of ANSYS worth $11,801,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bartlett & Co. LLC bought a new position in ANSYS in the 3rd quarter valued at about $114,000. Emerald Advisers Inc. PA acquired a new stake in shares of ANSYS in the 3rd quarter valued at approximately $201,000. Reliance Trust Co. of Delaware acquired a new stake in shares of ANSYS in the 3rd quarter valued at approximately $204,000. Checchi Capital Advisers LLC acquired a new stake in shares of ANSYS in the 3rd quarter valued at approximately $206,000. Finally, Harfst & Associates Inc. acquired a new stake in shares of ANSYS in the 3rd quarter valued at approximately $206,000. 94.23% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have recently weighed in on ANSS shares. ValuEngine upgraded shares of ANSYS from a “hold” rating to a “buy” rating in a research note on Friday, November 2nd. Benchmark upgraded shares of ANSYS from a “hold” rating to a “buy” rating and set a $187.00 price target on the stock in a research note on Monday, November 5th. William Blair started coverage on shares of ANSYS in a research note on Tuesday, October 9th. They issued a “market perform” rating on the stock. Stifel Nicolaus started coverage on shares of ANSYS in a research note on Tuesday, December 18th. They issued a “hold” rating and a $162.00 price target on the stock. Finally, Needham & Company LLC upgraded shares of ANSYS from a “hold” rating to a “buy” rating and set a $172.00 price target on the stock in a research note on Monday, October 29th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $174.92.

ANSYS stock traded up $1.11 during mid-day trading on Thursday, hitting $151.75. 11,247 shares of the stock were exchanged, compared to its average volume of 577,959. ANSYS, Inc. has a 12 month low of $136.80 and a 12 month high of $190.45. The firm has a market cap of $12.00 billion, a price-to-earnings ratio of 42.07 and a beta of 1.33.

ANSYS (NASDAQ:ANSS) last released its quarterly earnings results on Wednesday, November 7th. The software maker reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.19. ANSYS had a net margin of 27.00% and a return on equity of 15.33%. The firm had revenue of $293.00 million during the quarter, compared to analyst estimates of $286.57 million. During the same quarter last year, the business earned $1.05 EPS. The company’s revenue was up 5.9% compared to the same quarter last year. Equities research analysts expect that ANSYS, Inc. will post 4.64 EPS for the current fiscal year.

In other news, Director Michael Thurk sold 3,500 shares of ANSYS stock in a transaction 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 Securities & Exchange Commission, which is available at this link. Also, VP Richard S. Mahoney sold 8,347 shares of ANSYS stock in a transaction on Thursday, January 3rd. The shares were sold at an average price of $140.44, for a total transaction of $1,172,252.68. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by company insiders.

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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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