Green Alpha Advisors LLC Sells 67 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Green Alpha Advisors LLC decreased its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,992 shares of the software maker’s stock after selling 67 shares during the quarter. Green Alpha Advisors LLC’s holdings in ANSYS were worth $672,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Redwood Wealth Management Group LLC bought a new position in ANSYS during the second quarter worth about $32,000. Bangor Savings Bank grew its stake in shares of ANSYS by 32.7% in the 3rd quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock valued at $44,000 after purchasing an additional 34 shares during the period. DiNuzzo Private Wealth Inc. raised its holdings in shares of ANSYS by 2,833.3% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker’s stock worth $56,000 after buying an additional 170 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of ANSYS during the 2nd quarter worth approximately $64,000. Finally, Intact Investment Management Inc. acquired a new stake in ANSYS in the 3rd quarter valued at $70,000. 92.39% of the stock is currently owned by institutional investors and hedge funds.

ANSYS Price Performance

Shares of ANSS stock opened at $337.81 on Monday. ANSYS, Inc. has a 52 week low of $289.82 and a 52 week high of $363.03. The stock has a market capitalization of $29.54 billion, a PE ratio of 52.13, a PEG ratio of 3.89 and a beta of 1.11. 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 stock’s fifty day moving average is $341.98 and its 200-day moving average is $327.46.

Analyst Ratings Changes

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

ANSYS 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.