Atlantic Trust Group LLC increased its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 7.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 109,301 shares of the software maker’s stock after buying an additional 7,579 shares during the quarter. Atlantic Trust Group LLC owned 0.13% of ANSYS worth $13,414,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Bronfman E.L. Rothschild L.P. boosted its holdings in ANSYS by 7.5% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 995 shares of the software maker’s stock valued at $121,000 after purchasing an additional 69 shares in the last quarter. Parallax Volatility Advisers L.P. acquired a new stake in ANSYS during the second quarter valued at approximately $138,000. Dupont Capital Management Corp acquired a new stake in ANSYS during the second quarter valued at approximately $149,000. Fiduciary Trust Co. acquired a new stake in ANSYS during the second quarter valued at approximately $170,000. Finally, ETF Managers Group LLC acquired a new stake in ANSYS during the second quarter valued at approximately $171,000. 96.67% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have weighed in on ANSS shares. Zacks Investment Research raised ANSYS from a “hold” rating to a “buy” rating and set a $139.00 price objective on the stock in a report on Tuesday, October 3rd. Evercore ISI reiterated a “hold” rating and issued a $113.00 target price on shares of ANSYS in a research note on Wednesday, September 13th. Needham & Company LLC reiterated a “hold” rating on shares of ANSYS in a research note on Friday, November 3rd. Robert W. Baird reiterated an “outperform” rating and issued a $155.00 target price (up previously from $130.00) on shares of ANSYS in a research note on Friday, November 3rd. Finally, Wedbush reiterated a “neutral” rating and issued a $114.00 target price (down previously from $136.00) on shares of ANSYS in a research note on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $128.91.

In related news, VP Shane Emswiler sold 12,504 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $151.96, for a total value of $1,900,107.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Barbara Vaughn Scherer sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $150.00, for a total transaction of $150,000.00. The disclosure for this sale can be found here. Insiders sold a total of 18,504 shares of company stock valued at $2,808,608 in the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

ANSYS, Inc. (NASDAQ:ANSS) opened at $146.66 on Monday. ANSYS, Inc. has a 1 year low of $91.89 and a 1 year high of $155.14. The firm has a market cap of $12,450.00, a P/E ratio of 46.12 and a beta of 1.06.

ANSYS (NASDAQ:ANSS) last posted its quarterly earnings data on Wednesday, November 1st. The software maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.10. ANSYS had a net margin of 26.01% and a return on equity of 13.67%. The firm had revenue of $276.77 million during the quarter, compared to analysts’ expectations of $263.77 million. During the same quarter in the previous year, the company posted $0.95 EPS. ANSYS’s revenue was up 12.6% on a year-over-year basis. equities analysts forecast that ANSYS, Inc. will post 3.57 earnings per share for the current year.

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ANSYS Company Profile

ANSYS, Inc (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.

Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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