Janney Montgomery Scott LLC Has $4.21 Million Position in ANSYS, Inc. (ANSS)

Janney Montgomery Scott LLC raised its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 13.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,542 shares of the software maker’s stock after purchasing an additional 2,702 shares during the period. Janney Montgomery Scott LLC’s holdings in ANSYS were worth $4,208,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in ANSS. Morgan Stanley raised its position in ANSYS by 229.2% during the 2nd quarter. Morgan Stanley now owns 1,432,463 shares of the software maker’s stock worth $249,507,000 after purchasing an additional 997,328 shares during the last quarter. Acadian Asset Management LLC raised its position in ANSYS by 82.9% during the 2nd quarter. Acadian Asset Management LLC now owns 296,070 shares of the software maker’s stock worth $51,571,000 after purchasing an additional 134,151 shares during the last quarter. Janus Henderson Group PLC raised its position in ANSYS by 16.9% during the 2nd quarter. Janus Henderson Group PLC now owns 672,081 shares of the software maker’s stock worth $117,063,000 after purchasing an additional 97,111 shares during the last quarter. Wells Fargo & Company MN raised its position in ANSYS by 35.5% during the 2nd quarter. Wells Fargo & Company MN now owns 299,107 shares of the software maker’s stock worth $52,099,000 after purchasing an additional 78,386 shares during the last quarter. Finally, Wedge Capital Management L L P NC raised its position in ANSYS by 20.7% during the 2nd quarter. Wedge Capital Management L L P NC now owns 359,585 shares of the software maker’s stock worth $62,633,000 after purchasing an additional 61,598 shares during the last quarter. 94.37% of the stock is owned by institutional investors and hedge funds.

ANSS stock opened at $160.24 on Friday. ANSYS, Inc. has a 1-year low of $140.78 and a 1-year high of $190.45. The stock has a market capitalization of $13.31 billion, a PE ratio of 36.87 and a beta of 1.29.



ANSYS (NASDAQ:ANSS) last posted its quarterly earnings data on Wednesday, November 7th. The software maker reported $1.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.19. ANSYS had a return on equity of 15.33% and a net margin of 27.00%. The firm had revenue of $293.00 million during the quarter, compared to analyst estimates of $286.57 million. During the same period last year, the company posted $1.05 EPS. The business’s quarterly revenue was up 5.9% on a year-over-year basis. On average, research analysts predict that ANSYS, Inc. will post 4.66 earnings per share for the current year.

Several research analysts recently issued reports on ANSS shares. William Blair started coverage on ANSYS in a research report on Tuesday, October 9th. They set a “market perform” rating for the company. BidaskClub lowered ANSYS from a “hold” rating to a “sell” rating in a research report on Friday, October 12th. Needham & Company LLC raised ANSYS from a “hold” rating to a “buy” rating and set a $172.00 price objective for the company in a research report on Monday, October 29th. Citigroup reissued an “overweight” rating on shares of ANSYS in a research report on Tuesday, August 14th. Finally, Guggenheim started coverage on ANSYS in a research report on Tuesday, August 7th. They issued a “buy” rating and a $210.00 price objective for the company. Two analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the company’s stock. ANSYS presently has an average rating of “Buy” and an average target price of $176.09.

In other news, Director Alec D. Gallimore sold 276 shares of the firm’s stock in a transaction dated Wednesday, August 22nd. The stock was sold at an average price of $173.76, for a total value of $47,957.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Ajei Gopal sold 9,609 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $186.35, for a total value of $1,790,637.15. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,350 shares of company stock valued at $3,490,056. 1.10% of the stock is currently owned by company insiders.

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About ANSYS

ANSYS, Inc develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company's engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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