Jane Street Group LLC decreased its position in ANSYS, Inc. (NASDAQ:ANSS) by 93.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,010 shares of the software maker’s stock after selling 56,081 shares during the quarter. Jane Street Group LLC’s holdings in ANSYS were worth $492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in ANSYS by 21.8% in the 2nd quarter. Vanguard Group Inc. now owns 8,496,114 shares of the software maker’s stock worth $1,033,807,000 after purchasing an additional 1,520,201 shares during the period. Koch Industries Inc. purchased a new position in ANSYS in the 2nd quarter worth approximately $971,000. State Street Corp increased its stake in ANSYS by 20.9% in the 2nd quarter. State Street Corp now owns 3,512,429 shares of the software maker’s stock worth $427,401,000 after purchasing an additional 607,765 shares during the period. Bank of New York Mellon Corp increased its stake in ANSYS by 27.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,050,124 shares of the software maker’s stock worth $128,883,000 after purchasing an additional 224,640 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in ANSYS by 19.9% in the 2nd quarter. Goldman Sachs Group Inc. now owns 994,793 shares of the software maker’s stock worth $121,046,000 after purchasing an additional 165,174 shares during the period. Institutional investors own 96.95% of the company’s stock.
A number of equities analysts have commented on ANSS shares. Berenberg Bank started coverage on ANSYS in a research note on Wednesday, August 23rd. They issued a “hold” rating and a $123.00 price target on the stock. Robert W. Baird set a $130.00 price target on ANSYS and gave the stock a “buy” rating in a research note on Monday, August 28th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $118.00 price target on shares of ANSYS in a research note on Monday, September 11th. Evercore ISI reaffirmed a “hold” rating and issued a $113.00 price target on shares of ANSYS in a research note on Wednesday, September 13th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $129.19 price target (up from $114.00) on shares of ANSYS in a research note on Friday, September 15th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $128.91.
ANSYS, Inc. (NASDAQ:ANSS) opened at $148.03 on Friday. ANSYS, Inc. has a 12 month low of $91.89 and a 12 month high of $155.14. The stock has a market capitalization of $12,561.83, a P/E ratio of 42.29 and a beta of 1.07.
ANSYS (NASDAQ:ANSS) last posted its earnings results on Wednesday, November 1st. The software maker reported $1.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.10. ANSYS had a return on equity of 13.67% and a net margin of 26.01%. The firm had revenue of $276.77 million for the quarter, compared to analysts’ expectations of $263.77 million. During the same period in the previous year, the firm earned $0.95 earnings per share. The business’s revenue was up 12.6% compared to the same quarter last year. analysts anticipate 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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