Prudential PLC decreased its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 19.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 195,029 shares of the company’s stock after selling 48,014 shares during the period. Prudential PLC’s holdings in ANSYS were worth $18,038,000 as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. FineMark National Bank & Trust boosted its stake in ANSYS by 0.8% in the third quarter. FineMark National Bank & Trust now owns 1,197 shares of the company’s stock worth $111,000 after buying an additional 10 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in ANSYS by 158.4% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 1,323 shares of the company’s stock worth $123,000 after buying an additional 811 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in ANSYS by 20.7% in the third quarter. Tower Research Capital LLC TRC now owns 2,166 shares of the company’s stock worth $201,000 after buying an additional 372 shares during the last quarter. Farr Miller & Washington LLC DC boosted its stake in ANSYS by 0.7% in the fourth quarter. Farr Miller & Washington LLC DC now owns 2,210 shares of the company’s stock worth $204,000 after buying an additional 15 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in ANSYS by 9.5% in the third quarter. Daiwa Securities Group Inc. now owns 2,300 shares of the company’s stock worth $213,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 94.87% of the company’s stock.
Shares of ANSYS, Inc. (NASDAQ:ANSS) traded up 0.499% on Tuesday, hitting $97.655. The stock had a trading volume of 207,281 shares. ANSYS, Inc. has a 52 week low of $81.41 and a 52 week high of $98.99. The firm has a 50-day moving average price of $94.18 and a 200-day moving average price of $93.33. The stock has a market capitalization of $8.45 billion, a P/E ratio of 33.205 and a beta of 1.01.
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A number of equities research analysts have recently commented on ANSS shares. Needham & Company LLC started coverage on ANSYS in a research note on Tuesday, November 22nd. They set a “hold” rating on the stock. Pacific Crest reiterated a “hold” rating on shares of ANSYS in a research note on Friday, November 4th. Benchmark Co. lowered their target price on ANSYS from $90.00 to $86.00 and set a “hold” rating on the stock in a research note on Friday, November 4th. Wedbush reiterated a “neutral” rating and set a $88.00 target price on shares of ANSYS in a research note on Friday, November 4th. Finally, Zacks Investment Research cut ANSYS from a “hold” rating to a “sell” rating in a research note on Tuesday, January 3rd. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. ANSYS presently has a consensus rating of “Hold” and a consensus target price of $89.33.
In other news, VP Sheila S. Dinardo sold 3,000 shares of ANSYS stock in a transaction that occurred on Tuesday, January 17th. The stock was sold at an average price of $93.47, for a total value of $280,410.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.72% of the stock is currently owned by insiders.
ANSYS Company Profile
ANSYS, Inc develops and markets engineering simulation software and services used by engineers, designers and students across industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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