O Shaughnessy Asset Management LLC Has $1.64 Million Stock Holdings in ANSYS, Inc. (NASDAQ:ANSS)

O Shaughnessy Asset Management LLC increased its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 21.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,862 shares of the software maker’s stock after acquiring an additional 861 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in ANSYS were worth $1,640,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ANSS. Ameliora Wealth Management Ltd. acquired a new stake in ANSYS during the fourth quarter worth approximately $27,000. Assetmark Inc. raised its stake in ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock valued at $42,000 after purchasing an additional 103 shares in the last quarter. Millstone Evans Group LLC bought a new stake in ANSYS during the fourth quarter worth about $42,000. SBI Securities Co. Ltd. acquired a new stake in ANSYS during the fourth quarter worth about $47,000. Finally, Allworth Financial LP increased its holdings in ANSYS by 33.7% in the 4th quarter. Allworth Financial LP now owns 258 shares of the software maker’s stock valued at $92,000 after buying an additional 65 shares during the period. Institutional investors own 92.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Rosenblatt Securities upped their price target on shares of ANSYS from $335.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, February 21st. StockNews.com cut ANSYS from a “buy” rating to a “hold” rating in a research note on Friday, March 21st.

ANSYS Stock Performance

NASDAQ ANSS opened at $286.85 on Friday. The company has a market capitalization of $25.14 billion, a price-to-earnings ratio of 43.79, a PEG ratio of 3.48 and a beta of 1.20. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.12. ANSYS, Inc. has a twelve month low of $285.93 and a twelve month high of $363.03. The stock has a fifty day simple moving average of $330.70 and a 200 day simple moving average of $334.09.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings results on Wednesday, February 19th. The software maker reported $3.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.97 by ($0.32). The business had revenue of $882.17 million for the quarter, compared to the consensus estimate of $864.46 million. ANSYS had a return on equity of 12.69% and a net margin of 22.62%. Sell-side analysts expect that ANSYS, Inc. will post 8.32 EPS for the current year.

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the firm’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $336.62, for a total value of $67,324.00. Following the completion of the sale, the director now directly owns 3,430 shares in the company, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.46% of the company’s stock.

ANSYS Company Profile

ANSYS, Inc develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite.