ANSYS, Inc. (NASDAQ:ANSS) Stock Holdings Lifted by American Century Companies Inc.

American Century Companies Inc. raised its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 13.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,392 shares of the software maker’s stock after purchasing an additional 775 shares during the period. American Century Companies Inc.’s holdings in ANSYS were worth $2,055,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ANSS. Wedmont Private Capital increased its position in ANSYS by 1.3% during the first quarter. Wedmont Private Capital now owns 2,260 shares of the software maker’s stock worth $779,000 after buying an additional 30 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in shares of ANSYS by 3.7% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 897 shares of the software maker’s stock valued at $311,000 after purchasing an additional 32 shares during the last quarter. Personal CFO Solutions LLC grew its position in shares of ANSYS by 2.6% in the fourth quarter. Personal CFO Solutions LLC now owns 1,359 shares of the software maker’s stock valued at $493,000 after purchasing an additional 34 shares during the last quarter. Wasatch Advisors LP grew its position in shares of ANSYS by 1.8% in the first quarter. Wasatch Advisors LP now owns 2,082 shares of the software maker’s stock valued at $723,000 after purchasing an additional 36 shares during the last quarter. Finally, Fulton Bank N.A. grew its position in shares of ANSYS by 3.8% in the first quarter. Fulton Bank N.A. now owns 1,091 shares of the software maker’s stock valued at $379,000 after purchasing an additional 40 shares during the last quarter. 92.39% of the stock is owned by hedge funds and other institutional investors.

ANSYS Trading Up 0.1 %

ANSS opened at $325.15 on Friday. The firm’s fifty day simple moving average is $315.85 and its 200 day simple moving average is $324.72. The company has a current ratio of 2.95, a quick ratio of 2.95 and a debt-to-equity ratio of 0.13. ANSYS, Inc. has a 12 month low of $258.01 and a 12 month high of $364.31. The stock has a market capitalization of $28.39 billion, a P/E ratio of 65.29, a P/E/G ratio of 6.89 and a beta of 1.12.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings results on Wednesday, July 31st. The software maker reported $2.50 EPS for the quarter, topping the consensus estimate of $1.92 by $0.58. The firm had revenue of $594.14 million for the quarter, compared to analysts’ expectations of $550.30 million. ANSYS had a net margin of 21.30% and a return on equity of 11.51%. The company’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.06 EPS. As a group, research analysts anticipate that ANSYS, Inc. will post 7.32 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ANSS shares. StockNews.com started coverage on ANSYS in a research report on Sunday, September 22nd. They set a “hold” rating on the stock. Rosenblatt Securities decreased their target price on ANSYS from $345.00 to $335.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 6th. Finally, KeyCorp started coverage on ANSYS in a research report on Thursday, June 27th. They set a “sector weight” rating on the stock. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $318.33.

Insider Activity at ANSYS

In related news, Director Glenda Dorchak sold 159 shares of the company’s stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $330.81, for a total value of $52,598.79. Following the transaction, the director now owns 3,782 shares in the company, valued at approximately $1,251,123.42. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.46% of the stock is owned by company insiders.

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.