598 Shares in ANSYS, Inc. (NASDAQ:ANSS) Purchased by First Affirmative Financial Network

First Affirmative Financial Network acquired a new position in ANSYS, Inc. (NASDAQ:ANSS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 598 shares of the software maker’s stock, valued at approximately $202,000.

Several other institutional investors also recently bought and sold shares of the company. State Street Corp lifted its holdings in ANSYS by 3.0% in the 3rd quarter. State Street Corp now owns 3,703,249 shares of the software maker’s stock valued at $1,179,966,000 after purchasing an additional 106,187 shares in the last quarter. Geode Capital Management LLC raised its position in shares of ANSYS by 1.7% in the third quarter. Geode Capital Management LLC now owns 2,305,554 shares of the software maker’s stock valued at $732,672,000 after buying an additional 37,577 shares during the last quarter. Impax Asset Management Group plc raised its position in shares of ANSYS by 8.0% in the third quarter. Impax Asset Management Group plc now owns 603,394 shares of the software maker’s stock valued at $192,259,000 after buying an additional 44,605 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of ANSYS by 1.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 532,142 shares of the software maker’s stock worth $169,556,000 after buying an additional 8,706 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in ANSYS by 3.3% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 518,779 shares of the software maker’s stock worth $165,299,000 after acquiring an additional 16,462 shares during the last quarter. 92.39% of the stock is currently owned by institutional investors and hedge funds.

ANSYS Stock Up 1.5 %

ANSS stock opened at $351.57 on Friday. ANSYS, Inc. has a one year low of $289.82 and a one year high of $363.03. The firm has a market cap of $30.74 billion, a PE ratio of 54.25, a PEG ratio of 3.72 and a beta of 1.11. The firm’s 50 day moving average price is $344.50 and its 200-day moving average price is $329.45. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. StockNews.com downgraded shares of ANSYS from a “buy” rating to a “hold” rating in a report on Monday, January 6th. Robert W. Baird lifted their price objective on 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 issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $346.67.

Insider Buying and Selling at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the firm’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of the sale, the director now directly owns 3,430 shares of the company’s stock, valued at approximately $1,154,606.60. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company 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.