Meeder Asset Management Inc. Has $459,000 Holdings in ANSYS, Inc. (ANSS)

Meeder Asset Management Inc. cut its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 42.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,103 shares of the software maker’s stock after selling 2,293 shares during the quarter. Meeder Asset Management Inc.’s holdings in ANSYS were worth $459,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cerebellum GP LLC acquired a new stake in ANSYS in the fourth quarter valued at approximately $122,000. Advisor Partners LLC acquired a new stake in ANSYS in the fourth quarter valued at approximately $219,000. Conning Inc. acquired a new stake in ANSYS in the fourth quarter valued at approximately $204,000. Diversified Trust Co acquired a new stake in ANSYS in the fourth quarter valued at approximately $210,000. Finally, Zions Bancorporation lifted its stake in ANSYS by 9,070.6% in the third quarter. Zions Bancorporation now owns 1,559 shares of the software maker’s stock valued at $191,000 after acquiring an additional 1,542 shares during the last quarter. Hedge funds and other institutional investors own 96.57% of the company’s stock.

A number of analysts have issued reports on ANSS shares. Needham & Company LLC reiterated a “hold” rating on shares of ANSYS in a research note on Friday, November 3rd. Robert W. Baird reiterated an “outperform” rating and issued a $155.00 target price (up from $130.00) on shares of ANSYS in a research note on Friday, November 3rd. Wedbush reiterated a “neutral” rating and issued a $114.00 target price (down from $136.00) on shares of ANSYS in a research note on Friday, November 3rd. Royal Bank of Canada lifted their target price on shares of ANSYS from $130.00 to $147.00 and gave the company a “sector perform” rating in a research note on Friday, November 3rd. Finally, Evercore ISI restated a “hold” rating and issued a $113.00 price objective on shares of ANSYS in a research note on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $128.91.

In related news, Director Barbara Vaughn Scherer sold 1,000 shares of the company’s 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Maria T. Shields sold 25,000 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $162.52, for a total transaction of $4,063,000.00. The disclosure for this sale can be found here. Insiders sold 39,527 shares of company stock valued at $5,123,622 over the last 90 days. 1.30% of the stock is owned by corporate insiders.

Shares of ANSYS, Inc. (NASDAQ:ANSS) opened at $150.41 on Friday. ANSYS, Inc. has a one year low of $96.02 and a one year high of $164.90. The firm has a market cap of $12,630.63, a price-to-earnings ratio of 47.30 and a beta of 1.07.

ILLEGAL ACTIVITY WARNING: This story was first published by Community Financial News and is the property of of Community Financial News. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright laws. The original version of this story can be read at https://www.com-unik.info/2018/02/10/meeder-asset-management-inc-has-459000-holdings-in-ansys-inc-anss.html.

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.

Want to see what other hedge funds are holding ANSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ANSYS, Inc. (NASDAQ:ANSS).

Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

Receive News & Ratings for ANSYS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ANSYS and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit