SG Americas Securities LLC Has $3.77 Million Stock Holdings in ANSYS, Inc. (NASDAQ:ANSS)

SG Americas Securities LLC raised its holdings in ANSYS, Inc. (NASDAQ:ANSS) by 26.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 11,161 shares of the software maker’s stock after acquiring an additional 2,307 shares during the quarter. SG Americas Securities LLC’s holdings in ANSYS were worth $3,765,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Nomura Asset Management Co. Ltd. raised its position in ANSYS by 7.2% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 28,351 shares of the software maker’s stock worth $9,033,000 after purchasing an additional 1,914 shares during the last quarter. Caldwell Investment Management Ltd. bought a new position in shares of ANSYS during the third quarter worth about $1,560,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in ANSYS by 3.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 518,779 shares of the software maker’s stock valued at $165,299,000 after acquiring an additional 16,462 shares during the last quarter. KBC Group NV increased its position in ANSYS by 20.9% during the 3rd quarter. KBC Group NV now owns 110,928 shares of the software maker’s stock valued at $35,345,000 after purchasing an additional 19,149 shares during the period. Finally, CIBC Asset Management Inc raised its holdings in ANSYS by 5.9% during the 3rd quarter. CIBC Asset Management Inc now owns 27,116 shares of the software maker’s stock worth $8,640,000 after purchasing an additional 1,518 shares during the last quarter. Institutional investors own 92.39% of the company’s stock.

Insider Buying and Selling

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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.46% of the stock is owned by insiders.

Wall Street Analyst Weigh In

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

ANSYS Stock Performance

Shares of ANSS stock opened at $357.37 on Friday. The firm has a 50 day moving average of $344.03 and a 200-day moving average of $329.07. The company has a market cap of $31.25 billion, a price-to-earnings ratio of 55.15, a price-to-earnings-growth ratio of 3.72 and a beta of 1.11. The company has a quick ratio of 3.11, a current 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.

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.