ANSYS, Inc. (NASDAQ:ANSS) Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. increased its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 49.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 24,425 shares of the software maker’s stock after buying an additional 8,103 shares during the period. Pacer Advisors Inc.’s holdings in ANSYS were worth $8,239,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in ANSS. 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 purchasing an additional 34 shares in the last quarter. DiNuzzo Private Wealth Inc. boosted its stake in shares of ANSYS by 2,833.3% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker’s stock worth $56,000 after acquiring an additional 170 shares in the last quarter. Intact Investment Management Inc. purchased a new position in ANSYS in the 3rd quarter worth about $70,000. Brooklyn Investment Group acquired a new stake in shares of ANSYS during the third quarter valued at approximately $119,000. Finally, Asset Dedication LLC raised its stake in ANSYS by 35.1% during the 3rd quarter. Asset Dedication LLC now owns 385 shares of the software maker’s stock valued at $123,000 after purchasing an additional 100 shares during the period. 92.39% of the stock is currently owned by institutional investors.

ANSYS Stock Down 1.1 %

Shares of NASDAQ:ANSS opened at $346.29 on Thursday. The company has a 50 day moving average of $344.42 and a 200-day moving average of $329.33. The stock has a market cap of $30.28 billion, a price-to-earnings ratio of 53.44, a P/E/G ratio of 3.72 and a beta of 1.11. ANSYS, Inc. has a one year low of $289.82 and a one year high of $363.03. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.11 and a quick ratio of 3.11.

Analyst Ratings Changes

A number of research analysts have commented on the company. Robert W. Baird boosted their target price on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. StockNews.com downgraded ANSYS from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $346.67.

Insider Buying and Selling

In other news, Director Glenda Dorchak sold 200 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of the transaction, the director now directly owns 3,430 shares of the company’s stock, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.46% of the stock is currently owned by company insiders.

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.