Campbell & CO Investment Adviser LLC Has $535,000 Stake in ANSYS, Inc. (NASDAQ:ANSS)

Campbell & CO Investment Adviser LLC increased its stake in ANSYS, Inc. (NASDAQ:ANSSFree Report) by 6.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,798 shares of the software maker’s stock after acquiring an additional 106 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in ANSYS were worth $535,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of ANSS. Veritable L.P. grew its holdings in ANSYS by 1.3% during the second quarter. Veritable L.P. now owns 2,643 shares of the software maker’s stock valued at $873,000 after purchasing an additional 34 shares during the period. Personal CFO Solutions LLC increased its holdings in ANSYS by 2.8% in the 2nd quarter. Personal CFO Solutions LLC now owns 1,304 shares of the software maker’s stock worth $431,000 after acquiring an additional 36 shares during the last quarter. Lindbrook Capital LLC lifted its holdings in ANSYS by 18.1% during the third quarter. Lindbrook Capital LLC now owns 241 shares of the software maker’s stock valued at $72,000 after purchasing an additional 37 shares during the last quarter. IFP Advisors Inc boosted its position in ANSYS by 11.7% during the third quarter. IFP Advisors Inc now owns 363 shares of the software maker’s stock worth $108,000 after purchasing an additional 38 shares during the period. Finally, Prelude Capital Management LLC increased its stake in shares of ANSYS by 4.2% in the second quarter. Prelude Capital Management LLC now owns 973 shares of the software maker’s stock worth $321,000 after purchasing an additional 39 shares in the last quarter. 90.21% of the stock is owned by institutional investors.

Insider Transactions at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of ANSYS stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $345.68, for a total transaction of $69,136.00. Following the completion of the sale, the director now owns 3,199 shares of the company’s stock, valued at $1,105,830.32. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. William Blair reaffirmed a “market perform” rating on shares of ANSYS in a report on Thursday, November 2nd. Oppenheimer reduced their price target on ANSYS from $400.00 to $320.00 and set an “outperform” rating for the company in a research report on Friday, November 3rd. Royal Bank of Canada dropped their price objective on ANSYS from $310.00 to $290.00 and set a “sector perform” rating on the stock in a report on Friday, November 3rd. Bank of America downgraded ANSYS from a “buy” rating to an “underperform” rating and cut their target price for the stock from $356.00 to $295.00 in a research note on Tuesday, November 14th. Finally, Rosenblatt Securities reissued a “neutral” rating and issued a $345.00 price target (up from $332.00) on shares of ANSYS in a report on Wednesday, January 17th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $317.20.

View Our Latest Report on ANSYS

ANSYS Trading Down 1.3 %

Shares of ANSS opened at $337.88 on Tuesday. ANSYS, Inc. has a 1-year low of $258.01 and a 1-year high of $364.31. The company has a market capitalization of $29.35 billion, a P/E ratio of 60.99, a P/E/G ratio of 6.63 and a beta of 1.17. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.43 and a quick ratio of 2.43. The firm’s 50 day simple moving average is $330.68 and its 200 day simple moving average is $310.40.

ANSYS Company Profile

(Free Report)

ANSYS, Inc develops and markets engineering simulation software and services worldwide. It offers ANSYS Workbench, a framework upon which its multiphysics engineering simulation technologies are built and enables engineers to simulate the interactions between structures, heat transfer, fluids, electronics, and optical elements in a unified engineering simulation environment; high-performance computing product suite and the cloud; power analysis and optimization software suite that manages the power budget, power delivery integrity, and power-induced noise in an electronic design; and structural analysis product suite that provides simulation tools for product design and optimization.

Further Reading

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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