Czech National Bank Has $6.40 Million Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Czech National Bank grew its position in ANSYS, Inc. (NASDAQ:ANSS) by 6.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 18,961 shares of the software maker’s stock after acquiring an additional 1,160 shares during the quarter. Czech National Bank’s holdings in ANSYS were worth $6,396,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bangor Savings Bank increased its holdings in ANSYS by 32.7% in the third quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock worth $44,000 after buying an additional 34 shares during the last quarter. DiNuzzo Private Wealth Inc. increased its stake in shares of ANSYS by 2,833.3% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker’s stock worth $56,000 after purchasing an additional 170 shares during the last quarter. Intact Investment Management Inc. bought a new position in shares of ANSYS during the 3rd quarter valued at $70,000. Brooklyn Investment Group bought a new position in shares of ANSYS during the 3rd quarter valued at $119,000. Finally, Asset Dedication LLC lifted its stake in shares of ANSYS by 35.1% in the 3rd quarter. Asset Dedication LLC now owns 385 shares of the software maker’s stock valued at $123,000 after purchasing an additional 100 shares during the last quarter. 92.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The stock was 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 directly owns 3,430 shares in the company, valued at $1,154,606.60. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.46% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on ANSS. Robert W. Baird increased their target price on shares of ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, ANSYS has a consensus rating of “Hold” and an average price target of $342.50.

ANSYS Trading Up 0.7 %

Shares of NASDAQ:ANSS opened at $339.58 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11. The stock’s 50-day moving average is $342.54 and its 200-day moving average is $327.69. The company has a market cap of $29.70 billion, a P/E ratio of 52.40, a P/E/G ratio of 3.89 and a beta of 1.11. ANSYS, Inc. has a 52-week low of $289.82 and a 52-week high of $363.03.

ANSYS 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.