Buckley Wealth Management LLC acquired a new stake in ANSYS, Inc. (NASDAQ:ANSS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,415 shares of the software maker’s stock, valued at approximately $652,000.

A number of other institutional investors have also recently made changes to their positions in the stock. KBC Group NV increased its holdings in ANSYS by 28.0% in the fourth quarter. KBC Group NV now owns 68,379 shares of the software maker’s stock valued at $10,092,000 after buying an additional 14,946 shares during the last quarter. California Public Employees Retirement System increased its holdings in ANSYS by 2.6% in the fourth quarter. California Public Employees Retirement System now owns 231,429 shares of the software maker’s stock valued at $34,157,000 after buying an additional 5,778 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in ANSYS by 256.4% in the fourth quarter. Teacher Retirement System of Texas now owns 40,092 shares of the software maker’s stock valued at $5,917,000 after acquiring an additional 28,844 shares during the period. Mendel Money Management acquired a new position in ANSYS in the fourth quarter valued at approximately $4,827,000. Finally, ING Groep NV boosted its stake in ANSYS by 117.2% in the fourth quarter. ING Groep NV now owns 6,569 shares of the software maker’s stock valued at $970,000 after acquiring an additional 3,544 shares during the period. 96.57% of the stock is owned by hedge funds and other institutional investors.

ANSYS, Inc. (NASDAQ ANSS) opened at $150.41 on Monday. The stock has a market capitalization of $12,760.00, a P/E ratio of 47.30 and a beta of 1.07. ANSYS, Inc. has a 52-week low of $96.02 and a 52-week high of $164.90.

A number of brokerages have commented on ANSS. Zacks Investment Research upgraded ANSYS from a “hold” rating to a “buy” rating and set a $169.00 target price for the company in a research note on Tuesday, November 7th. Berenberg Bank upgraded ANSYS from a “hold” rating to a “buy” rating and set a $123.00 target price for the company in a research note on Tuesday, January 30th. Citigroup lifted their target price on ANSYS from $125.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, November 3rd. BidaskClub upgraded ANSYS from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 7th. Finally, Evercore ISI restated a “hold” rating and issued a $113.00 target price on shares of ANSYS in a research note on Thursday, November 2nd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $128.91.

In other news, CFO Maria T. Shields sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $162.52, for a total transaction of $4,063,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Mark Hindsbo sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $151.70, for a total value of $758,500.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,527 shares of company stock valued at $4,973,622. Insiders own 1.30% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Buckley Wealth Management LLC Takes $652,000 Position in ANSYS, Inc. (ANSS)” was originally reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this article on another website, it was illegally stolen and republished in violation of U.S. and international copyright law. The legal version of this article can be viewed at https://theolympiareport.com/2018/02/12/buckley-wealth-management-llc-takes-652000-position-in-ansys-inc-anss.html.

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.

Want to see what other hedge funds are holding ANSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ANSYS, Inc. (NASDAQ:ANSS).

Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

Receive News & Ratings for ANSYS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ANSYS and related companies with MarketBeat.com's FREE daily email newsletter.