ANSYS, Inc. (NASDAQ:ANSS) Stock Position Increased by Ulland Investment Advisors LLC

Ulland Investment Advisors LLC grew its position in ANSYS, Inc. (NASDAQ:ANSS) by 107.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,635 shares of the software maker’s stock after purchasing an additional 1,366 shares during the period. Ulland Investment Advisors LLC’s holdings in ANSYS were worth $889,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ANSS. Bangor Savings Bank boosted its position in shares of ANSYS by 32.7% during the third quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock worth $44,000 after buying an additional 34 shares during the period. DiNuzzo Private Wealth Inc. raised its stake in ANSYS by 2,833.3% during the 3rd 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 in the last quarter. Intact Investment Management Inc. acquired a new position in ANSYS during the 3rd quarter worth $70,000. Brooklyn Investment Group bought a new position in shares of ANSYS in the third quarter worth $119,000. Finally, Asset Dedication LLC grew its stake in shares of ANSYS by 35.1% in the third quarter. Asset Dedication LLC now owns 385 shares of the software maker’s stock worth $123,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 92.39% of the company’s stock.

ANSYS Stock Up 1.6 %

Shares of ANSS stock opened at $349.93 on Tuesday. ANSYS, Inc. has a 1 year low of $289.82 and a 1 year high of $363.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11. The business’s fifty day moving average is $342.66 and its 200-day moving average is $328.13. The stock has a market cap of $30.60 billion, a PE ratio of 54.00, a price-to-earnings-growth ratio of 3.52 and a beta of 1.11.

Analyst Ratings Changes

ANSS has been the topic of a number of recent analyst reports. StockNews.com cut shares of ANSYS from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. Robert W. Baird boosted their price target on shares of ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $346.67.

Insider Activity at ANSYS

In related 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 value of $67,324.00. Following the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.46% of the company’s stock.

ANSYS Company Profile

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.