National Pension Service purchased a new stake in ANSYS, Inc. (NASDAQ:ANSS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 106,105 shares of the software maker’s stock, valued at approximately $15,660,000.

Other large investors also recently made changes to their positions in the company. Parallax Volatility Advisers L.P. acquired a new position in ANSYS in the second quarter valued at approximately $138,000. ETF Managers Group LLC purchased a new stake in shares of ANSYS in the second quarter valued at approximately $171,000. Zions Bancorporation increased its position in shares of ANSYS by 9,070.6% in the third quarter. Zions Bancorporation now owns 1,559 shares of the software maker’s stock valued at $191,000 after buying an additional 1,542 shares in the last quarter. Calamos Advisors LLC purchased a new stake in shares of ANSYS in the third quarter valued at approximately $201,000. Finally, Tocqueville Asset Management L.P. purchased a new stake in shares of ANSYS in the third quarter valued at approximately $204,000. 96.44% of the stock is owned by institutional investors.

Shares of ANSYS, Inc. (NASDAQ ANSS) opened at $163.13 on Tuesday. ANSYS, Inc. has a 12-month low of $92.33 and a 12-month high of $163.18. The company has a market capitalization of $13,840.00, a P/E ratio of 51.30 and a beta of 1.07.

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 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 firm had revenue of $276.77 million during the quarter, compared to analysts’ expectations of $263.77 million. During the same period in the previous year, the business earned $0.95 earnings per share. The firm’s revenue for the quarter was up 12.6% on a year-over-year basis. analysts expect that ANSYS, Inc. will post 3.57 EPS for the current fiscal year.

In related news, VP Shane Emswiler sold 12,504 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $151.96, for a total transaction of $1,900,107.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Barbara Vaughn Scherer sold 1,000 shares of the business’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 value of $150,000.00. The disclosure for this sale can be found here. Insiders have sold 27,031 shares of company stock valued at $2,960,730 over the last quarter. 1.30% of the stock is owned by company insiders.

ANSS has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded ANSYS from a “hold” rating to a “buy” rating and set a $169.00 price objective for the company in a research report on Tuesday, November 7th. Robert W. Baird set a $130.00 price objective on ANSYS and gave the company a “buy” rating in a research report on Sunday, October 1st. Evercore ISI restated a “hold” rating and issued a $113.00 price objective on shares of ANSYS in a research report on Thursday, November 2nd. KeyCorp restated a “hold” rating on shares of ANSYS in a research report on Friday, September 29th. Finally, Needham & Company LLC restated a “hold” rating on shares of ANSYS in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. ANSYS presently has an average rating of “Hold” and an average target price of $128.91.

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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.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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