DLD Asset Management LP Has $449,000 Stake in ANSYS, Inc. (NASDAQ:ANSS)

DLD Asset Management LP reduced its position in ANSYS, Inc. (NASDAQ:ANSS) by 81.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,331 shares of the software maker’s stock after selling 5,959 shares during the quarter. DLD Asset Management LP’s holdings in ANSYS were worth $449,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Nomura Asset Management Co. Ltd. lifted its stake in shares of ANSYS by 7.2% in the third quarter. Nomura Asset Management Co. Ltd. now owns 28,351 shares of the software maker’s stock valued at $9,033,000 after buying an additional 1,914 shares in the last quarter. FNY Investment Advisers LLC raised its holdings in shares of ANSYS by 78.7% in the 4th quarter. FNY Investment Advisers LLC now owns 6,037 shares of the software maker’s stock worth $2,036,000 after acquiring an additional 2,659 shares during the last quarter. JPMorgan Chase & Co. lifted its position in ANSYS by 34.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 386,708 shares of the software maker’s stock valued at $123,217,000 after acquiring an additional 100,042 shares in the last quarter. Oak Thistle LLC acquired a new position in ANSYS during the 4th quarter valued at about $255,000. Finally, Ulland Investment Advisors LLC increased its holdings in ANSYS by 107.6% during the 4th quarter. Ulland Investment Advisors LLC now owns 2,635 shares of the software maker’s stock worth $889,000 after purchasing an additional 1,366 shares in the last quarter. Institutional investors and hedge funds own 92.39% of the company’s stock.

ANSYS Trading Up 1.3 %

NASDAQ:ANSS opened at $320.79 on Wednesday. ANSYS, Inc. has a 52 week low of $289.82 and a 52 week high of $363.03. The firm has a 50-day moving average price of $333.83 and a two-hundred day moving average price of $334.45. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.01 and a current ratio of 3.01. The firm has a market cap of $28.12 billion, a price-to-earnings ratio of 48.98, a price-to-earnings-growth ratio of 3.48 and a beta of 1.11.

ANSYS (NASDAQ:ANSS) last issued its quarterly earnings results on Wednesday, February 19th. The software maker reported $3.65 EPS for the quarter, missing analysts’ consensus estimates of $3.97 by ($0.32). The business had revenue of $882.17 million for the quarter, compared to analysts’ expectations of $864.46 million. ANSYS had a net margin of 22.62% and a return on equity of 12.69%. On average, equities analysts expect that ANSYS, Inc. will post 8.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a report on Friday, March 21st. Rosenblatt Securities increased their price target on ANSYS from $335.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 21st.

Insider Activity

In related news, Director Glenda Dorchak sold 200 shares of the 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 transaction, the director now owns 3,430 shares in the company, valued at approximately $1,154,606.60. This represents a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.46% of the company’s stock.

ANSYS Company 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.