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

Nisa Investment Advisors LLC increased its position in ANSYS, Inc. (NASDAQ:ANSS) by 0.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Koshinski Asset Management Inc. grew 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 buying an additional 34 shares during the last quarter. Ulland Investment Advisors LLC lifted its position in ANSYS by 107.6% in the 4th quarter. Ulland Investment Advisors LLC now owns 2,635 shares of the software maker’s stock valued at $889,000 after acquiring an additional 1,366 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in ANSYS by 950.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,680 shares of the software maker’s stock valued at $567,000 after purchasing an additional 1,520 shares during the last quarter. Merit Financial Group LLC purchased a new stake in ANSYS during the 4th quarter valued at $208,000. Finally, Avanza Fonder AB bought a new stake in shares of ANSYS in the 4th quarter worth $2,336,000. 92.39% of the stock is owned by hedge funds and other institutional investors.

ANSYS Stock Performance

ANSS stock opened at $356.63 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.11 and a quick ratio of 3.11. ANSYS, Inc. has a 1 year low of $289.82 and a 1 year high of $363.03. The company has a market cap of $31.19 billion, a P/E ratio of 55.04, a price-to-earnings-growth ratio of 3.65 and a beta of 1.11. The stock’s fifty day moving average price is $342.88 and its 200-day moving average price is $328.44.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Robert W. Baird upped their price target on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. StockNews.com cut shares of ANSYS from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $346.67.

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the company’s stock in a transaction dated 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 sale, the director now owns 3,430 shares of the company’s stock, valued at $1,154,606.60. This represents a 5.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.46% of the stock is owned by corporate insiders.

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.