ANSYS, Inc. (NASDAQ:ANSS) Shares Acquired by Townsquare Capital LLC

Townsquare Capital LLC grew its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 7.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,595 shares of the software maker’s stock after buying an additional 318 shares during the period. Townsquare Capital LLC’s holdings in ANSYS were worth $1,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in ANSS. Bank of Montreal Can increased its holdings in ANSYS by 72.8% in the second quarter. Bank of Montreal Can now owns 213,323 shares of the software maker’s stock valued at $69,488,000 after buying an additional 89,840 shares in the last quarter. Calamos Advisors LLC purchased a new position in shares of ANSYS in the 2nd quarter valued at about $27,328,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of ANSYS by 140.1% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 138,615 shares of the software maker’s stock valued at $44,565,000 after purchasing an additional 80,886 shares in the last quarter. Squarepoint Ops LLC raised its holdings in ANSYS by 267.4% in the 2nd quarter. Squarepoint Ops LLC now owns 82,383 shares of the software maker’s stock worth $26,486,000 after purchasing an additional 59,959 shares during the period. Finally, National Bank of Canada FI boosted its position in ANSYS by 38.3% during the second quarter. National Bank of Canada FI now owns 213,510 shares of the software maker’s stock worth $68,569,000 after purchasing an additional 59,101 shares in the last quarter. 92.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on ANSS shares. Robert W. Baird boosted their price objective on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. StockNews.com cut shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Rosenblatt Securities decreased their price objective on shares of ANSYS from $345.00 to $335.00 and set a “neutral” rating on the stock in a report on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $342.50.

ANSYS Stock Up 0.9 %

NASDAQ ANSS opened at $351.10 on Monday. The business has a fifty day moving average price of $330.99 and a 200 day moving average price of $323.90. 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 company has a market cap of $30.70 billion, a P/E ratio of 54.18, a P/E/G ratio of 3.98 and a beta of 1.11. ANSYS, Inc. has a one year low of $275.81 and a one year high of $364.31.

Insider Transactions at ANSYS

In other news, Director Glenda Dorchak sold 152 shares of the company’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $313.61, for a total value of $47,668.72. Following the completion of the sale, the director now directly owns 3,630 shares in the company, valued at $1,138,404.30. This represents a 4.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.46% of the company’s stock.

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.