Aurora Investment Managers LLC. Cuts Stake in ANSYS, Inc. (NASDAQ:ANSS)

Aurora Investment Managers LLC. cut its holdings in shares of ANSYS, Inc. (NASDAQ:ANSS) by 3.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,649 shares of the software maker’s stock after selling 87 shares during the quarter. Aurora Investment Managers LLC.’s holdings in ANSYS were worth $894,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Bangor Savings Bank boosted its holdings in ANSYS by 32.7% during the 3rd quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock valued at $44,000 after acquiring an additional 34 shares during the period. OneDigital Investment Advisors LLC boosted its stake in shares of ANSYS by 3.0% during the third quarter. OneDigital Investment Advisors LLC now owns 1,285 shares of the software maker’s stock valued at $409,000 after purchasing an additional 37 shares during the period. Mirador Capital Partners LP grew its holdings in shares of ANSYS by 1.9% in the fourth quarter. Mirador Capital Partners LP now owns 1,957 shares of the software maker’s stock worth $660,000 after purchasing an additional 37 shares during the last quarter. Wedmont Private Capital raised its holdings in ANSYS by 1.8% during the 4th quarter. Wedmont Private Capital now owns 2,215 shares of the software maker’s stock valued at $748,000 after buying an additional 39 shares during the last quarter. Finally, Eads & Heald Wealth Management raised its holdings in ANSYS by 1.6% during the 3rd quarter. Eads & Heald Wealth Management now owns 2,533 shares of the software maker’s stock valued at $807,000 after buying an additional 40 shares during the last quarter. 92.39% of the stock is currently owned by institutional investors.

ANSYS Trading Up 1.6 %

Shares of ANSS opened at $349.93 on Tuesday. ANSYS, Inc. has a 1-year low of $289.82 and a 1-year high of $363.03. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13. The firm’s 50-day moving average price is $342.66 and its 200-day moving average price is $328.13. The firm has a market capitalization of $30.60 billion, a price-to-earnings ratio of 54.00, a PEG ratio of 3.52 and a beta of 1.11.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ANSS shares. Robert W. Baird boosted their price objective on shares of ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $346.67.

Insider Buying and Selling at ANSYS

In other 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 completion of the transaction, the director now 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 document filed with the SEC, which is available through this hyperlink. 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.