Shelton Capital Management acquired a new position in shares of ANSYS, Inc. (NASDAQ:ANSS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,080 shares of the software maker’s stock, valued at approximately $618,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Aviva PLC boosted its position in shares of ANSYS by 2.9% during the second quarter. Aviva PLC now owns 51,933 shares of the software maker’s stock worth $6,317,000 after buying an additional 1,440 shares during the period. Neuberger Berman Group LLC boosted its position in shares of ANSYS by 1.8% during the second quarter. Neuberger Berman Group LLC now owns 414,743 shares of the software maker’s stock worth $50,466,000 after buying an additional 7,443 shares during the period. Amalgamated Bank boosted its position in shares of ANSYS by 25.0% during the second quarter. Amalgamated Bank now owns 17,469 shares of the software maker’s stock worth $2,126,000 after buying an additional 3,490 shares during the period. Bares Capital Management Inc. boosted its position in shares of ANSYS by 4.3% during the first quarter. Bares Capital Management Inc. now owns 1,043,967 shares of the software maker’s stock worth $111,569,000 after buying an additional 43,402 shares during the period. Finally, Marshall Wace North America L.P. boosted its position in shares of ANSYS by 303.6% during the second quarter. Marshall Wace North America L.P. now owns 48,115 shares of the software maker’s stock worth $5,870,000 after buying an additional 36,195 shares during the period. Institutional investors and hedge funds own 96.78% of the company’s stock.

Several equities analysts have recently issued reports on ANSS shares. BidaskClub downgraded ANSYS from a “buy” rating to a “hold” rating in a research report on Saturday, June 17th. Zacks Investment Research downgraded ANSYS from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) started coverage on ANSYS in a research report on Monday, July 17th. They set a “neutral” rating and a $112.00 price objective for the company. Berenberg Bank started coverage on ANSYS in a research report on Wednesday, August 23rd. They set a “hold” rating and a $123.00 price objective for the company. Finally, Robert W. Baird set a $130.00 price objective on ANSYS and gave the stock a “buy” rating in a research report on Monday, August 28th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. ANSYS presently has a consensus rating of “Hold” and a consensus price target of $116.68.

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ANSYS, Inc. (ANSS) traded down 0.18% during midday trading on Monday, reaching $125.83. The company’s stock had a trading volume of 10,647 shares. ANSYS, Inc. has a 52-week low of $82.28 and a 52-week high of $132.74. The stock has a market capitalization of $10.67 billion, a price-to-earnings ratio of 40.43 and a beta of 1.05. The firm has a 50-day moving average price of $125.82 and a 200 day moving average price of $120.82.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings results on Wednesday, August 2nd. The software maker reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.07. The business had revenue of $264.30 million during the quarter, compared to analyst estimates of $259.75 million. ANSYS had a net margin of 26.37% and a return on equity of 13.87%. ANSYS’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.93 earnings per share. Equities research analysts predict that ANSYS, Inc. will post $3.87 EPS for the current fiscal year.

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.

Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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