Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $846,000 Position in ANSYS, Inc. (ANSS)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 8.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,893 shares of the software maker’s stock after acquiring an additional 541 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in ANSYS were worth $846,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of ANSYS by 21.8% in the second quarter. Vanguard Group Inc. now owns 8,496,114 shares of the software maker’s stock worth $1,033,807,000 after buying an additional 1,520,201 shares during the last quarter. FMR LLC increased its stake in shares of ANSYS by 0.7% in the second quarter. FMR LLC now owns 6,684,365 shares of the software maker’s stock worth $813,354,000 after acquiring an additional 45,211 shares during the period. State Street Corp increased its stake in shares of ANSYS by 20.9% in the second quarter. State Street Corp now owns 3,512,429 shares of the software maker’s stock worth $427,401,000 after acquiring an additional 607,765 shares during the period. Northern Trust Corp increased its stake in shares of ANSYS by 10.4% in the second quarter. Northern Trust Corp now owns 1,258,415 shares of the software maker’s stock worth $153,125,000 after acquiring an additional 118,630 shares during the period. Finally, Pictet Asset Management Ltd. increased its stake in shares of ANSYS by 13.6% in the third quarter. Pictet Asset Management Ltd. now owns 1,091,618 shares of the software maker’s stock worth $133,975,000 after acquiring an additional 130,628 shares during the period. 96.95% of the stock is owned by institutional investors.

In other news, Director Barbara Vaughn Scherer sold 1,000 shares of ANSYS stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $150.00, for a total value of $150,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Shane Emswiler sold 12,504 shares of ANSYS stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $151.96, for a total transaction of $1,900,107.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,504 shares of company stock worth $2,808,608. 1.30% of the stock is owned by company insiders.

A number of research firms have recently weighed in on ANSS. Zacks Investment Research upgraded shares of ANSYS from a “hold” rating to a “buy” rating and set a $169.00 price objective on the stock in a research note on Tuesday, November 7th. Needham & Company LLC reiterated a “hold” rating on shares of ANSYS in a research note on Friday, November 3rd. Citigroup increased their price objective on shares of ANSYS from $125.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, November 3rd. Wedbush reiterated a “neutral” rating and issued a $114.00 price objective (down previously from $136.00) on shares of ANSYS in a research note on Friday, November 3rd. Finally, Royal Bank Of Canada increased their price objective on shares of ANSYS from $130.00 to $147.00 and gave the stock a “sector perform” rating in a research note on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. ANSYS currently has a consensus rating of “Hold” and an average target price of $128.91.

Shares of ANSYS, Inc. (NASDAQ ANSS) opened at $144.72 on Thursday. The company has a market cap of $12,172.39, a price-to-earnings ratio of 40.98 and a beta of 1.07. ANSYS, Inc. has a 52-week low of $91.89 and a 52-week high of $155.14.

ANSYS (NASDAQ:ANSS) last released its quarterly earnings results on Wednesday, November 1st. The software maker reported $1.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.10. The company had revenue of $276.77 million for the quarter, compared to analyst estimates of $263.77 million. ANSYS had a net margin of 26.01% and a return on equity of 13.67%. The firm’s revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the business earned $0.95 earnings per share. research analysts forecast that ANSYS, Inc. will post 3.57 earnings per share for the current fiscal year.

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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.

Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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