Ansys, Inc. (NASDAQ:ANSS) Director Barbara Vaughn Scherer sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $150.00, for a total transaction of $150,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of Ansys, Inc. (ANSS) traded down $0.89 during trading hours on Friday, hitting $150.57. 355,264 shares of the stock were exchanged, compared to its average volume of 550,195. The company has a market cap of $12,670.00, a price-to-earnings ratio of 42.69 and a beta of 1.05. Ansys, Inc. has a 1 year low of $91.89 and a 1 year high of $155.14.

Ansys (NASDAQ:ANSS) last issued its quarterly earnings results on Wednesday, November 1st. The software maker reported $1.05 EPS for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.10. The firm had revenue of $276.77 million for the quarter, compared to analyst estimates of $263.77 million. Ansys had a net margin of 26.72% and a return on equity of 13.19%. The business’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.95 EPS. analysts anticipate that Ansys, Inc. will post 3.57 earnings per share for the current year.

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Institutional investors have recently made changes to their positions in the company. Creative Planning boosted its stake in shares of Ansys by 68.6% in the 2nd quarter. Creative Planning now owns 875 shares of the software maker’s stock valued at $106,000 after purchasing an additional 356 shares in the last quarter. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Ansys by 7.5% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 995 shares of the software maker’s stock valued at $121,000 after purchasing an additional 69 shares in the last quarter. Parallax Volatility Advisers L.P. purchased a new stake in shares of Ansys in the 2nd quarter valued at $138,000. Dupont Capital Management Corp purchased a new stake in shares of Ansys in the 2nd quarter valued at $149,000. Finally, Fiduciary Trust Co. purchased a new stake in shares of Ansys in the 2nd quarter valued at $170,000. 97.60% of the stock is owned by institutional investors.

A number of analysts recently weighed in on ANSS shares. Wedbush reaffirmed a “neutral” rating and set a $129.19 target price (up previously from $114.00) on shares of Ansys in a report on Friday, September 15th. Barclays PLC decreased their target price on shares of Ansys from $115.00 to $113.00 and set an “underweight” rating on the stock in a report on Friday, September 15th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $118.00 target price on shares of Ansys in a report on Monday, September 11th. BidaskClub raised shares of Ansys from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Finally, Robert W. Baird set a $130.00 target price on shares of Ansys and gave the stock a “buy” rating in a report on Monday, August 28th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $128.91.

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.

Insider Buying and Selling by Quarter for Ansys (NASDAQ:ANSS)

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