OneDigital Investment Advisors LLC Boosts Position in ANSYS, Inc. (NASDAQ:ANSS)

OneDigital Investment Advisors LLC increased its position in ANSYS, Inc. (NASDAQ:ANSS) by 3.0% in the third quarter, Holdings Channel.com reports. The fund owned 1,285 shares of the software maker’s stock after acquiring an additional 37 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in ANSYS were worth $409,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Metis Global Partners LLC raised its stake in ANSYS by 26.8% in the third quarter. Metis Global Partners LLC now owns 5,577 shares of the software maker’s stock valued at $1,777,000 after purchasing an additional 1,177 shares in the last quarter. Huntington National Bank grew its position in ANSYS by 11.9% in the third quarter. Huntington National Bank now owns 639 shares of the software maker’s stock worth $204,000 after acquiring an additional 68 shares in the last quarter. KBC Group NV raised its position in ANSYS by 20.9% during the third 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 in the last quarter. Plato Investment Management Ltd boosted its holdings in shares of ANSYS by 36,680.0% in the 3rd quarter. Plato Investment Management Ltd now owns 1,839 shares of the software maker’s stock worth $585,000 after purchasing an additional 1,834 shares in the last quarter. Finally, ICICI Prudential Asset Management Co Ltd raised its holdings in shares of ANSYS by 18.9% during the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 1,140 shares of the software maker’s stock valued at $363,000 after buying an additional 181 shares in the last quarter. 92.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Glenda Dorchak sold 152 shares of the firm’s stock in a transaction on Monday, October 7th. The stock was sold at an average price of $313.61, for a total value of $47,668.72. Following the completion of the sale, the director now owns 3,630 shares of the company’s stock, valued at $1,138,404.30. This trade represents a 4.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.46% of the stock is owned by insiders.

ANSYS Price Performance

Shares of ANSYS stock opened at $349.62 on Friday. The firm has a market cap of $30.57 billion, a PE ratio of 53.95, a price-to-earnings-growth ratio of 3.84 and a beta of 1.11. The company’s fifty day simple moving average is $327.20 and its two-hundred day simple moving average is $322.97. 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 12-month low of $275.81 and a 12-month high of $364.31.

Analysts Set New Price Targets

A number of research analysts have commented on ANSS shares. Rosenblatt Securities reduced their price target on shares of ANSYS from $345.00 to $335.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 6th. StockNews.com lowered shares of ANSYS from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Robert W. Baird increased their target price on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $342.50.

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.