Everpar Advisors LLC Buys 44 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Everpar Advisors LLC grew its stake in ANSYS, Inc. (NASDAQ:ANSS) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,441 shares of the software maker’s stock after purchasing an additional 44 shares during the quarter. Everpar Advisors LLC’s holdings in ANSYS were worth $486,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bangor Savings Bank lifted its holdings in ANSYS by 32.7% during the 3rd quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock worth $44,000 after purchasing an additional 34 shares during the last quarter. DiNuzzo Private Wealth Inc. boosted its position in shares of ANSYS by 2,833.3% in the third quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker’s stock valued at $56,000 after acquiring an additional 170 shares during the period. Intact Investment Management Inc. acquired a new position in shares of ANSYS in the third quarter valued at about $70,000. Brooklyn Investment Group bought a new position in ANSYS during the third quarter worth about $119,000. Finally, Asset Dedication LLC increased its position in ANSYS by 35.1% during the third quarter. Asset Dedication LLC now owns 385 shares of the software maker’s stock worth $123,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 92.39% of the company’s stock.

Insider Buying and Selling

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of the transaction, the director now directly owns 3,430 shares in the company, valued at $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.46% of the stock is currently owned by company insiders.

ANSYS Price Performance

ANSS stock opened at $344.42 on Friday. The company’s 50-day moving average price is $342.73 and its two-hundred day moving average price is $327.80. The firm has a market cap of $30.12 billion, a P/E ratio of 53.15, a P/E/G ratio of 3.52 and a beta of 1.11. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 0.13. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ANSS. Robert W. Baird boosted their price objective on shares of ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. StockNews.com cut ANSYS from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $342.50.

About ANSYS

ANSYS, Inc develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite.