DF Dent & Co. Inc. reduced its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 3.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,217,784 shares of the software maker’s stock after selling 45,789 shares during the quarter. ANSYS makes up 3.9% of DF Dent & Co. Inc.’s holdings, making the stock its 4th largest position. DF Dent & Co. Inc. owned 1.44% of ANSYS worth $149,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of ANSS. Creative Planning lifted its stake in shares of ANSYS by 68.6% during the 2nd quarter. Creative Planning now owns 875 shares of the software maker’s stock worth $106,000 after purchasing an additional 356 shares during the last quarter. Bronfman E.L. Rothschild L.P. lifted its stake in shares of ANSYS by 7.5% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 995 shares of the software maker’s stock worth $121,000 after purchasing an additional 69 shares during the last quarter. Parallax Volatility Advisers L.P. purchased a new stake in shares of ANSYS during the 2nd quarter worth $138,000. Dupont Capital Management Corp purchased a new stake in shares of ANSYS during the 2nd quarter worth $149,000. Finally, Fiduciary Trust Co. purchased a new stake in shares of ANSYS during the 2nd quarter worth $170,000. Hedge funds and other institutional investors own 96.95% of the company’s stock.

Shares of ANSYS, Inc. (NASDAQ ANSS) opened at $146.39 on Tuesday. ANSYS, Inc. has a 12 month low of $91.89 and a 12 month high of $155.14. The company has a market capitalization of $12,400.66, a PE ratio of 41.75 and a beta of 1.07.

ANSYS (NASDAQ:ANSS) last announced its quarterly earnings data on Wednesday, November 1st. The software maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.10. The business had revenue of $276.77 million for the quarter, compared to analyst estimates of $263.77 million. ANSYS had a return on equity of 13.67% and a net margin of 26.01%. The company’s revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.95 earnings per share. analysts expect that ANSYS, Inc. will post 3.57 EPS for the current fiscal year.

A number of equities research analysts have commented on ANSS shares. Needham & Company LLC reiterated a “hold” rating on shares of ANSYS in a research note on Friday, November 3rd. KeyCorp reiterated a “hold” rating on shares of ANSYS in a research note on Friday, September 29th. Robert W. Baird set a $130.00 price target on ANSYS and gave the company a “buy” rating in a research note on Monday, August 28th. Wedbush reiterated a “neutral” rating and issued a $129.19 price target (up from $114.00) on shares of ANSYS in a research note on Friday, September 15th. Finally, Berenberg Bank started coverage on ANSYS in a research note on Wednesday, August 23rd. They issued a “hold” rating and a $123.00 price target for the company. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $128.91.

In other news, Director Barbara Vaughn Scherer sold 1,000 shares of the stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $150.00, for a total value of $150,000.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Shane Emswiler sold 12,504 shares of the stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $151.96, for a total value of $1,900,107.84. The disclosure for this sale can be found here. Insiders sold 18,504 shares of company stock worth $2,808,608 over the last three months. Corporate insiders own 1.30% of the company’s stock.

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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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