OxFORD Asset Management LLP Has $1.19 Million Stake in ANSYS, Inc. (ANSS)

OxFORD Asset Management LLP lessened its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 20.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,774 shares of the software maker’s stock after selling 2,443 shares during the quarter. OxFORD Asset Management LLP’s holdings in ANSYS were worth $1,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of ANSS. Russell Investments Group Ltd. boosted its stake in shares of ANSYS by 1.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 18,882 shares of the software maker’s stock worth $2,298,000 after acquiring an additional 269 shares during the last quarter. Global X Management Co. LLC raised its position in shares of ANSYS by 67.1% during the 2nd quarter. Global X Management Co. LLC now owns 2,111 shares of the software maker’s stock valued at $257,000 after purchasing an additional 848 shares during the period. Canada Pension Plan Investment Board raised its position in shares of ANSYS by 6.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,655 shares of the software maker’s stock valued at $1,053,000 after purchasing an additional 500 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of ANSYS by 45.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 425,386 shares of the software maker’s stock valued at $51,761,000 after purchasing an additional 133,890 shares during the period. Finally, First Trust Advisors LP raised its position in shares of ANSYS by 19.3% during the 2nd quarter. First Trust Advisors LP now owns 74,833 shares of the software maker’s stock valued at $9,106,000 after purchasing an additional 12,094 shares during the period. Institutional investors and hedge funds own 96.67% of the company’s stock.

In other ANSYS news, VP Mark Hindsbo sold 5,000 shares of ANSYS stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $151.70, for a total value of $758,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Barbara Vaughn Scherer sold 1,000 shares of ANSYS stock in a transaction on Monday, November 13th. The shares were 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 quarter, insiders sold 18,504 shares of company stock worth $2,808,608. 1.30% of the stock is currently owned by insiders.

Shares of ANSYS, Inc. (NASDAQ:ANSS) opened at $147.63 on Wednesday. The stock has a market cap of $12,561.90, a price-to-earnings ratio of 42.29 and a beta of 1.07. ANSYS, Inc. has a fifty-two week low of $91.89 and a fifty-two week high of $155.14.

ANSYS (NASDAQ:ANSS) last announced its quarterly earnings results on Wednesday, November 1st. The software maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.10. The company had revenue of $276.77 million for the quarter, compared to the consensus estimate of $263.77 million. ANSYS had a net margin of 26.01% and a return on equity of 13.67%. ANSYS’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.95 EPS. equities analysts expect that ANSYS, Inc. will post 3.57 EPS for the current year.

Several brokerages have recently commented 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 report on Tuesday, November 7th. Needham & Company LLC restated a “hold” rating on shares of ANSYS in a research report on Friday, November 3rd. Citigroup raised their price objective on shares of ANSYS from $125.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Wedbush restated a “neutral” rating and set a $114.00 price objective (down from $136.00) on shares of ANSYS in a research report on Friday, November 3rd. Finally, Royal Bank of Canada raised their price objective on shares of ANSYS from $130.00 to $147.00 and gave the company a “sector perform” rating in a research report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. ANSYS presently has a consensus rating of “Hold” and a consensus price target of $128.91.

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ANSYS 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.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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