Nisa Investment Advisors LLC Grows Stock Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Nisa Investment Advisors LLC lifted its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,115 shares of the software maker’s stock after purchasing an additional 94 shares during the period. Nisa Investment Advisors LLC’s holdings in ANSYS were worth $14,544,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ANSS. Bangor Savings Bank raised its position 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 purchasing an additional 34 shares during the last quarter. Koshinski Asset Management Inc. raised its holdings in shares of ANSYS by 0.8% during the fourth quarter. Koshinski Asset Management Inc. now owns 4,367 shares of the software maker’s stock valued at $1,473,000 after acquiring an additional 34 shares in the last quarter. OneDigital Investment Advisors LLC lifted its stake in ANSYS by 3.0% in the third quarter. OneDigital Investment Advisors LLC now owns 1,285 shares of the software maker’s stock worth $409,000 after acquiring an additional 37 shares during the period. Mirador Capital Partners LP lifted its stake in 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 acquiring an additional 37 shares during the period. Finally, Wedmont Private Capital boosted its holdings in ANSYS by 1.8% in the fourth quarter. Wedmont Private Capital now owns 2,215 shares of the software maker’s stock valued at $748,000 after acquiring an additional 39 shares in the last quarter. 92.39% of the stock is currently owned by hedge funds and other institutional investors.

ANSYS Stock Performance

Shares of ANSYS stock opened at $356.63 on Thursday. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The firm has a market capitalization of $31.19 billion, a P/E ratio of 55.04, a P/E/G ratio of 3.65 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. The business has a fifty day simple moving average of $342.88 and a two-hundred day simple moving average of $328.44.

Analyst Upgrades and Downgrades

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

Insider Activity at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of the transaction, the director now 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.46% of the stock is currently owned by corporate insiders.

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.