Crossmark Global Holdings Inc. raised its stake in ANSYS, Inc. (NASDAQ:ANSS) by 79.4% in the 4th quarter, HoldingsChannel reports. The fund owned 10,899 shares of the software maker’s stock after buying an additional 4,825 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in ANSYS were worth $1,609,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ANSS. Bank of New York Mellon Corp increased its stake in shares of ANSYS by 27.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,050,124 shares of the software maker’s stock valued at $128,883,000 after purchasing an additional 224,640 shares during the last quarter. Pictet Asset Management Ltd. increased its stake in shares of ANSYS by 13.6% in the 3rd quarter. Pictet Asset Management Ltd. now owns 1,091,618 shares of the software maker’s stock valued at $133,975,000 after purchasing an additional 130,628 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of ANSYS by 34.9% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 501,015 shares of the software maker’s stock valued at $61,490,000 after purchasing an additional 129,627 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in shares of ANSYS by 1,394.2% in the 3rd quarter. Canada Pension Plan Investment Board now owns 129,320 shares of the software maker’s stock valued at $15,871,000 after purchasing an additional 120,665 shares during the last quarter. Finally, Janus Henderson Group PLC increased its stake in shares of ANSYS by 33.1% in the 3rd quarter. Janus Henderson Group PLC now owns 445,080 shares of the software maker’s stock valued at $54,625,000 after purchasing an additional 110,618 shares during the last quarter. 96.22% of the stock is owned by hedge funds and other institutional investors.

ANSS has been the topic of several recent analyst reports. Zacks Investment Research upgraded ANSYS from a “hold” rating to a “buy” rating and set a $169.00 price target on the stock in a research note on Tuesday, November 7th. Berenberg Bank upgraded ANSYS from a “hold” rating to a “buy” rating and set a $123.00 price target on the stock in a research note on Tuesday, January 30th. BidaskClub lowered ANSYS from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 26th. Evercore ISI reiterated a “hold” rating and issued a $113.00 price target on shares of ANSYS in a research note on Thursday, November 2nd. Finally, Needham & Company LLC reiterated a “hold” rating on shares of ANSYS in a research note on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. ANSYS currently has a consensus rating of “Hold” and a consensus target price of $128.91.

In related news, VP Mark Hindsbo sold 5,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $151.70, for a total transaction of $758,500.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Richard S. Mahoney sold 8,527 shares of the business’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $17.84, for a total value of $152,121.68. The disclosure for this sale can be found here. Insiders have sold a total of 38,527 shares of company stock worth $4,973,622 in the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Shares of ANSYS, Inc. (ANSS) opened at $154.20 on Wednesday. The firm has a market capitalization of $13,046.45, a price-to-earnings ratio of 43.93 and a beta of 1.07. ANSYS, Inc. has a 52-week low of $96.68 and a 52-week high of $164.90.

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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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