JPMorgan Chase & Co. raised its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 1.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 127,461 shares of the software maker’s stock after buying an additional 1,948 shares during the period. JPMorgan Chase & Co. owned about 0.15% of ANSYS worth $15,503,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. 1st Global Advisors Inc. boosted its position in ANSYS by 0.8% during the second quarter. 1st Global Advisors Inc. now owns 2,364 shares of the software maker’s stock valued at $288,000 after buying an additional 18 shares during the period. Bronfman E.L. Rothschild L.P. boosted its position in ANSYS by 7.5% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 995 shares of the software maker’s stock valued at $121,000 after buying an additional 69 shares during the period. Advisors Asset Management Inc. boosted its position in ANSYS by 0.8% during the second quarter. Advisors Asset Management Inc. now owns 10,105 shares of the software maker’s stock valued at $1,230,000 after buying an additional 77 shares during the period. Pacer Advisors Inc. boosted its position in ANSYS by 7.5% during the second quarter. Pacer Advisors Inc. now owns 1,655 shares of the software maker’s stock valued at $201,000 after buying an additional 116 shares during the period. Finally, BB&T Securities LLC boosted its position in ANSYS by 2.4% during the second quarter. BB&T Securities LLC now owns 6,834 shares of the software maker’s stock valued at $831,000 after buying an additional 158 shares during the period. Institutional investors and hedge funds own 96.67% of the company’s stock.
In related news, VP Mark Hindsbo sold 5,000 shares of the stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $151.70, for a total value of $758,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Barbara Vaughn Scherer sold 1,000 shares of the stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $150.00, for a total transaction of $150,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 18,504 shares of company stock valued at $2,808,608. 1.30% of the stock is owned by insiders.
Shares of ANSYS, Inc. (NASDAQ:ANSS) opened at $147.63 on Wednesday. ANSYS, Inc. has a 1-year low of $91.89 and a 1-year high of $155.14. The firm has a market cap of $12,561.90, a PE ratio of 42.29 and a beta of 1.07.
ANSYS (NASDAQ:ANSS) last released its quarterly earnings results on Wednesday, November 1st. The software maker reported $1.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.10. ANSYS had a net margin of 26.01% and a return on equity of 13.67%. The company had revenue of $276.77 million during the quarter, compared to the consensus estimate of $263.77 million. During the same period in the prior year, the firm earned $0.95 earnings per share. ANSYS’s revenue was up 12.6% on a year-over-year basis. analysts expect that ANSYS, Inc. will post 3.57 EPS for the current fiscal year.
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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.
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