Chicago Partners Investment Group LLC Has $263,000 Stock Position in ANSYS, Inc. (NASDAQ:ANSS)

Chicago Partners Investment Group LLC lifted its stake in shares of ANSYS, Inc. (NASDAQ:ANSS) by 10.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 766 shares of the software maker’s stock after purchasing an additional 75 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in ANSYS were worth $263,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bangor Savings Bank increased its holdings in ANSYS by 32.7% in the 3rd quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock worth $44,000 after purchasing an additional 34 shares in the last quarter. DiNuzzo Private Wealth Inc. grew its holdings in shares of ANSYS by 2,833.3% during the third 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. acquired a new position in shares of ANSYS in the third quarter valued at approximately $70,000. Brooklyn Investment Group acquired a new stake in ANSYS during the 3rd quarter worth approximately $119,000. Finally, Asset Dedication LLC grew its holdings in ANSYS by 35.1% during the 3rd quarter. Asset Dedication LLC now owns 385 shares of the software maker’s stock worth $123,000 after acquiring an additional 100 shares during the last quarter. 92.39% of the stock is currently owned by institutional investors.

ANSYS Stock Performance

Shares of ANSS opened at $346.96 on Wednesday. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13. The firm’s fifty day simple moving average is $344.44 and its two-hundred day simple moving average is $330.05. ANSYS, Inc. has a 12 month low of $289.82 and a 12 month high of $363.03. The stock has a market capitalization of $30.34 billion, a P/E ratio of 53.54, a price-to-earnings-growth ratio of 3.65 and a beta of 1.12.

Insider Activity at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 200 shares of the business’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 value of $67,324.00. Following the transaction, the director now directly owns 3,430 shares of the company’s stock, valued at approximately $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 this hyperlink. 0.46% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

ANSS has been the topic of a number of recent research reports. Robert W. Baird lifted their price target on shares of ANSYS from $350.00 to $365.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. StockNews.com cut ANSYS from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $346.67.

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.