MUFG Americas Holdings Corp trimmed its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 4.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,001 shares of the software maker’s stock after selling 469 shares during the period. MUFG Americas Holdings Corp’s holdings in ANSYS were worth $1,227,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Creative Planning increased its holdings in shares of ANSYS by 68.6% during the second quarter. Creative Planning now owns 875 shares of the software maker’s stock valued at $106,000 after purchasing an additional 356 shares during the period. Bronfman E.L. Rothschild L.P. increased its holdings in shares of ANSYS by 7.5% during the second 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 during the period. Parallax Volatility Advisers L.P. acquired a new position in shares of ANSYS during the second quarter valued at $138,000. Dupont Capital Management Corp acquired a new position in shares of ANSYS during the second quarter valued at $149,000. Finally, Fiduciary Trust Co. acquired a new position in shares of ANSYS during the second quarter valued at $170,000. 96.83% of the stock is currently owned by institutional investors.

ANSYS, Inc. (ANSS) opened at $146.54 on Friday. ANSYS, Inc. has a 52 week low of $91.89 and a 52 week high of $155.14. The firm has a market capitalization of $12,440.00, a PE ratio of 42.34 and a beta of 1.05.

ANSYS (NASDAQ:ANSS) last announced its earnings results on Wednesday, November 1st. The software maker reported $1.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.10. ANSYS had a return on equity of 13.67% and a net margin of 26.01%. The business had revenue of $276.77 million during the quarter, compared to analysts’ expectations of $263.77 million. During the same quarter last year, the business posted $0.95 earnings per share. The company’s quarterly revenue was up 12.6% on a year-over-year basis. sell-side analysts predict that ANSYS, Inc. will post 3.57 earnings per share for the current fiscal year.

In related news, VP Mark Hindsbo sold 5,000 shares of the stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $151.70, for a total value of $758,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Barbara Vaughn Scherer sold 1,000 shares of the stock in a transaction on Monday, November 13th. The shares were sold at an average price of $150.00, for a total value of $150,000.00. The disclosure for this sale can be found here. Insiders have sold 18,504 shares of company stock valued at $2,808,608 in the last ninety days. Company insiders own 1.30% of the company’s stock.

A number of brokerages have recently commented on ANSS. KeyCorp reissued a “hold” rating on shares of ANSYS in a report on Friday, September 29th. Berenberg Bank began coverage on ANSYS in a report on Wednesday, August 23rd. They set a “hold” rating and a $123.00 price target on the stock. Zacks Investment Research raised ANSYS from a “sell” rating to a “hold” rating in a report on Monday, August 7th. Robert W. Baird set a $130.00 target price on ANSYS and gave the company a “buy” rating in a research note on Sunday, October 1st. Finally, BidaskClub raised ANSYS from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 4th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $128.91.

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ANSYS 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.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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