Headlands Technologies LLC Has $4.26 Million Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Headlands Technologies LLC lifted its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 32.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 13,240 shares of the software maker’s stock after acquiring an additional 3,215 shares during the period. Headlands Technologies LLC’s holdings in ANSYS were worth $4,257,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in ANSS. Wedmont Private Capital increased its position in shares of ANSYS by 1.3% during the 1st quarter. Wedmont Private Capital now owns 2,260 shares of the software maker’s stock worth $779,000 after purchasing an additional 30 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in ANSYS by 3.7% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 897 shares of the software maker’s stock valued at $311,000 after acquiring an additional 32 shares during the period. Ieq Capital LLC increased its position in shares of ANSYS by 1.2% during the fourth quarter. Ieq Capital LLC now owns 2,853 shares of the software maker’s stock worth $1,035,000 after acquiring an additional 34 shares in the last quarter. Personal CFO Solutions LLC raised its holdings in shares of ANSYS by 2.6% in the fourth quarter. Personal CFO Solutions LLC now owns 1,359 shares of the software maker’s stock valued at $493,000 after purchasing an additional 34 shares during the last quarter. Finally, FineMark National Bank & Trust raised its stake in shares of ANSYS by 4.9% during the 4th quarter. FineMark National Bank & Trust now owns 769 shares of the software maker’s stock worth $279,000 after purchasing an additional 36 shares in the last quarter. 92.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 159 shares of the business’s stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of $330.81, for a total transaction of $52,598.79. Following the completion of the sale, the director now directly owns 3,782 shares of the company’s stock, valued at approximately $1,251,123.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.46% of the company’s stock.

ANSYS Trading Down 0.4 %

Shares of ANSS stock traded down $1.10 on Tuesday, hitting $308.60. The company had a trading volume of 36,240 shares, compared to its average volume of 557,079. The firm has a market cap of $26.94 billion, a P/E ratio of 62.19, a P/E/G ratio of 6.54 and a beta of 1.12. The stock’s 50-day moving average is $317.71 and its two-hundred day moving average is $326.21. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.95 and a current ratio of 2.95. ANSYS, Inc. has a twelve month low of $258.01 and a twelve month high of $364.31.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings data on Wednesday, July 31st. The software maker reported $2.50 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.58. The firm had revenue of $594.14 million during the quarter, compared to analyst estimates of $550.30 million. ANSYS had a return on equity of 11.51% and a net margin of 21.30%. The business’s quarterly revenue was up 19.6% on a year-over-year basis. During the same period last year, the company posted $1.06 EPS. On average, equities research analysts anticipate that ANSYS, Inc. will post 7.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ANSS shares. KeyCorp initiated coverage on shares of ANSYS in a research report on Thursday, June 27th. They issued a “sector weight” rating on the stock. Rosenblatt Securities reduced their target price on ANSYS from $345.00 to $335.00 and set a “neutral” rating on the stock in a report on Tuesday, August 6th. Finally, StockNews.com began coverage on shares of ANSYS in a research report on Friday. They set a “hold” rating for the company. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $318.33.

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.