ANSYS, Inc. (NASDAQ:ANSS) Shares Acquired by Mizuho Securities USA LLC

Mizuho Securities USA LLC boosted its position in ANSYS, Inc. (NASDAQ:ANSS) by 46.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,288 shares of the software maker’s stock after buying an additional 2,621 shares during the quarter. Mizuho Securities USA LLC’s holdings in ANSYS were worth $2,796,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. acquired a new position in shares of ANSYS in the 4th quarter worth approximately $27,000. Assetmark Inc. boosted its holdings in ANSYS by 468.2% in the fourth quarter. Assetmark Inc. now owns 125 shares of the software maker’s stock worth $42,000 after purchasing an additional 103 shares during the period. Millstone Evans Group LLC acquired a new position in ANSYS in the fourth quarter worth $42,000. SBI Securities Co. Ltd. bought a new stake in ANSYS during the fourth quarter valued at $47,000. Finally, Allworth Financial LP raised its holdings in shares of ANSYS by 33.7% during the fourth quarter. Allworth Financial LP now owns 258 shares of the software maker’s stock worth $92,000 after purchasing an additional 65 shares during the period. Institutional investors and hedge funds own 92.39% of the company’s stock.

Insider Activity

In related news, Director Glenda Dorchak sold 200 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was 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. This trade represents a 5.51 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on ANSS. Rosenblatt Securities lifted their price target on shares of ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, February 21st. StockNews.com downgraded ANSYS from a “buy” rating to a “hold” rating in a research note on Friday.

ANSYS Stock Performance

ANSS stock opened at $325.73 on Tuesday. ANSYS, Inc. has a 1 year low of $289.82 and a 1 year high of $363.03. The stock has a market capitalization of $28.55 billion, a price-to-earnings ratio of 49.73, a PEG ratio of 3.48 and a beta of 1.11. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. The stock’s fifty day moving average is $336.88 and its two-hundred day moving average is $334.12.

ANSYS (NASDAQ:ANSS) last released its quarterly earnings data on Wednesday, February 19th. The software maker reported $3.65 earnings per share for the quarter, missing analysts’ consensus estimates of $3.97 by ($0.32). ANSYS had a return on equity of 12.69% and a net margin of 22.62%. The firm had revenue of $882.17 million during the quarter, compared to analyst estimates of $864.46 million. On average, research analysts predict that ANSYS, Inc. will post 8.32 EPS for the current year.

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.