Fisher Asset Management LLC lessened its holdings in Dassault Systemes SE (OTCMKTS:DASTY) by 26.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 39,441 shares of the technology company’s stock after selling 13,858 shares during the period. Fisher Asset Management LLC’s holdings in Dassault Systemes were worth $5,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also made changes to their positions in the company. Cypress Capital Management LLC acquired a new stake in shares of Dassault Systemes in the 2nd quarter valued at $1,107,000. Hartwell J M Limited Partnership acquired a new stake in shares of Dassault Systemes in the 2nd quarter valued at $498,000. Finally, Azimuth Capital Management LLC boosted its stake in shares of Dassault Systemes by 1.1% in the 2nd quarter. Azimuth Capital Management LLC now owns 38,175 shares of the technology company’s stock valued at $5,349,000 after purchasing an additional 400 shares in the last quarter. 0.19% of the stock is currently owned by hedge funds and other institutional investors.
Several brokerages have recently commented on DASTY. Zacks Investment Research upgraded shares of Dassault Systemes from a “sell” rating to a “hold” rating in a research note on Tuesday, August 14th. ValuEngine upgraded shares of Dassault Systemes from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 11th.
About Dassault Systemes
Dassault Systèmes SE provides software applications and services worldwide. The company offers SOLIDWORKS 3D design software for 3D and electrical design, simulation, product data management, and technical communication; CATIA, an engineering and design software for product 3D computer-aided design (CAD); GEOVIA, which models and simulates the earth; and BIOVIA that provides a scientific collaborative environment for biological formulated products and advanced materials.
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