Ballentine Companions LLC boosted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS – Free Report) by 7.6% within the second quarter, in response to its most up-to-date 13F submitting with the Securities and Alternate Fee. The agency owned 1,160 shares of the software program maker’s inventory after buying a further 82 shares throughout the quarter. Ballentine Companions LLC’s holdings in ANSYS had been value $373,000 as of its most up-to-date submitting with the Securities and Alternate Fee.
A number of different hedge funds and different institutional traders additionally lately modified their holdings of ANSS. Quest Companions LLC acquired a brand new stake in shares of ANSYS throughout the fourth quarter value $29,000. DT Funding Companions LLC boosted its holdings in shares of ANSYS by 888.9% within the second quarter. DT Funding Companions LLC now owns 89 shares of the software program maker’s inventory valued at $29,000 after buying a further 80 shares within the final quarter. DSM Capital Companions LLC acquired a brand new place in shares of ANSYS throughout the fourth quarter value about $34,000. Rothschild Funding LLC acquired a brand new place in shares of ANSYS throughout the second quarter value about $38,000. Lastly, Core Wealth Advisors Inc. bought a brand new place in ANSYS throughout the fourth quarter value about $40,000. 92.39% of the inventory is at present owned by hedge funds and different institutional traders.
ANSYS Worth Efficiency
Shares of NASDAQ:ANSS opened at $308.92 on Wednesday. ANSYS, Inc. has a 12 month low of $258.01 and a 12 month excessive of $364.31. The agency has a market capitalization of $26.97 billion, a price-to-earnings ratio of 62.03, a price-to-earnings-growth ratio of 6.54 and a beta of 1.12. The enterprise’s 50 day easy transferring common is $317.35 and its 200-day easy transferring common is $325.99. The corporate has a debt-to-equity ratio of 0.13, a present ratio of two.95 and a fast ratio of two.95.
ANSYS (NASDAQ:ANSS – Get Free Report) final posted its earnings outcomes on Wednesday, July thirty first. The software program maker reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $1.92 by $0.58. ANSYS had a return on fairness of 11.51% and a internet margin of 21.30%. The corporate had income of $594.14 million for the quarter, in comparison with the consensus estimate of $550.30 million. Throughout the identical interval within the earlier 12 months, the enterprise earned $1.06 earnings per share. ANSYS’s quarterly income was up 19.6% in comparison with the identical quarter final 12 months. As a gaggle, equities analysts forecast that ANSYS, Inc. will put up 7.32 earnings per share for the present fiscal 12 months.
Insider Shopping for and Promoting
In different ANSYS information, Director Glenda Dorchak offered 159 shares of the agency’s inventory in a transaction dated Monday, July eighth. The shares had been offered at a mean value of $330.81, for a complete transaction of $52,598.79. Following the completion of the transaction, the director now straight owns 3,782 shares within the firm, valued at roughly $1,251,123.42. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible by way of this hyperlink. Insiders personal 0.46% of the corporate’s inventory.
Analyst Upgrades and Downgrades
ANSS has been the subject of a number of latest analyst studies. Rosenblatt Securities dropped their goal value on ANSYS from $345.00 to $335.00 and set a “impartial” score on the inventory in a analysis report on Tuesday, August sixth. StockNews.com assumed protection on ANSYS in a analysis word on Friday, September sixth. They issued a “maintain” score on the inventory. Lastly, KeyCorp began protection on ANSYS in a analysis report on Thursday, June twenty seventh. They issued a “sector weight” score for the corporate. Two equities analysis analysts have rated the inventory with a promote score, seven have given a maintain score and one has issued a purchase score to the corporate. Based mostly on information from MarketBeat, ANSYS presently has a consensus score of “Maintain” and a consensus value goal of $318.33.
View Our Newest Inventory Report on ANSS
About ANSYS
ANSYS, Inc develops and markets engineering simulation software program and companies for engineers, designers, researchers, and college students in the USA, Japan, Germany, China, Hong Kong, South Korea, remainder of Europe, the Center East, Africa, and internationally. It gives structural evaluation product suite that gives simulation instruments for product design and optimization; the Ansys Mechanical product, a component evaluation software program; LS-DYNA solver for multiphysics simulation; and energy evaluation and optimization software program suite.
See Additionally
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