Natixis Advisors LLC Acquires 8,908 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Natixis Advisors LLC raised its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 14.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,144 shares of the software maker’s stock after buying an additional 8,908 shares during the quarter. Natixis Advisors LLC’s holdings in ANSYS were worth $22,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bangor Savings Bank raised its stake in shares of ANSYS by 32.7% during the third quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock valued at $44,000 after acquiring an additional 34 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in ANSYS by 3.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,285 shares of the software maker’s stock valued at $409,000 after purchasing an additional 37 shares in the last quarter. Gardner Lewis Asset Management L P lifted its holdings in shares of ANSYS by 1.9% in the 2nd quarter. Gardner Lewis Asset Management L P now owns 2,175 shares of the software maker’s stock worth $699,000 after buying an additional 40 shares during the period. Eads & Heald Wealth Management grew its position in shares of ANSYS by 1.6% during the 3rd quarter. Eads & Heald Wealth Management now owns 2,533 shares of the software maker’s stock worth $807,000 after buying an additional 40 shares in the last quarter. Finally, Verdence Capital Advisors LLC increased its stake in shares of ANSYS by 2.7% during the third quarter. Verdence Capital Advisors LLC now owns 1,597 shares of the software maker’s stock valued at $509,000 after buying an additional 42 shares during the period. Institutional investors own 92.39% of the company’s stock.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 152 shares of the business’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $313.61, for a total value of $47,668.72. Following the completion of the transaction, the director now directly owns 3,630 shares in the company, valued at $1,138,404.30. The trade was a 4.02 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.46% of the company’s stock.

ANSYS Price Performance

Shares of ANSS opened at $336.40 on Tuesday. The business’s 50-day moving average is $325.48 and its two-hundred day moving average is $322.51. The company has a market capitalization of $29.42 billion, a P/E ratio of 51.91, a P/E/G ratio of 3.76 and a beta of 1.11. ANSYS, Inc. has a fifty-two week low of $275.81 and a fifty-two week high of $364.31. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11.

Wall Street Analysts Forecast Growth

ANSS has been the subject of a number of research reports. Rosenblatt Securities lowered their price objective on shares of ANSYS from $345.00 to $335.00 and set a “neutral” rating for the company in a research note on Tuesday, August 6th. StockNews.com cut shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Robert W. Baird lifted their price objective on shares of ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $342.50.

ANSYS 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.