One Wealth Capital Management LLC Takes $226,000 Position in ANSYS, Inc. (NASDAQ:ANSS)

One Wealth Capital Management LLC purchased a new position in ANSYS, Inc. (NASDAQ:ANSS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 669 shares of the software maker’s stock, valued at approximately $226,000.

Other institutional investors also recently added to or reduced their stakes in the company. Redwood Wealth Management Group LLC purchased a new position in shares of ANSYS during the second quarter worth approximately $32,000. Bangor Savings Bank boosted its holdings in shares of ANSYS by 32.7% in the third quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock valued at $44,000 after purchasing an additional 34 shares during the period. DiNuzzo Private Wealth Inc. grew its stake in ANSYS by 2,833.3% in the third quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker’s stock worth $56,000 after purchasing an additional 170 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in ANSYS during the 2nd quarter worth $64,000. Finally, Intact Investment Management Inc. bought a new stake in ANSYS during the 3rd quarter valued at $70,000. Hedge funds and other institutional investors own 92.39% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Robert W. Baird increased their price target on ANSYS from $350.00 to $365.00 and gave the stock 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 report on Monday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $342.50.

ANSYS Stock Down 0.9 %

Shares of NASDAQ:ANSS traded down $3.04 on Tuesday, reaching $335.61. The company had a trading volume of 288,621 shares, compared to its average volume of 371,996. The firm has a market capitalization of $29.35 billion, a PE ratio of 51.79, a PEG ratio of 3.89 and a beta of 1.11. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13. ANSYS, Inc. has a 52-week low of $289.82 and a 52-week high of $363.03. The firm’s 50 day simple moving average is $340.79 and its 200-day simple moving average is $326.98.

ANSYS Profile

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.