One of the analysts recommended selling the company, three others recommended keeping it in its portfolio and three others offered to buy it. According to Bloomberg, the fourteen rating agencies that currently cover ANSYS, Inc. (NASDAQ:ANSS) have given the company an average “Hold” recommendation and the average price target for the stock that has been given by brokers. who wrote about it in the previous year was $267.09 per share for the following year.

In recent years, the ANSS has been investigated in various scholarly publications. The announcement was made by Credit Suisse Group on Tuesday, August 9, in a research note posted online. They said they are raising their price target on ANSYS to $329.00. The start of coverage of ANSYS by investment bank JPMorgan Chase & Co. did so by releasing a report on the company. They have assigned an “overweight” rating to the company and their price target for the stock is set at $275.00. In a report released Monday, August 14, Baird raised his price target for ANSYS to $345.00. The target price that Mizuho set for ANSYS dropped from $285.00 to $225.00 due to a report released on October 17. The brokerage also gave the company a “neutral” rating. On Tuesday, August 16, Wolfe Research released its first report on ANSYS, marking the start of company coverage of the business. They gave the company an “outperform” rating and a price target of $300.00.
According to additional information regarding ANSYS, Shane Emswiler, senior vice president of ANSYS, sold 436 shares of the company on Tuesday, October 4. A total of $101,845.24 of shares were sold at an average price of $233.59 per share resulting in a total of $101,845.24 of shares. Following the completion of the transaction, the senior vice president now owns 26,572 shares of the company, which have a combined value of $6,206,953.48 at present. On the Securities and Exchange Commission (SEC) website, you can currently access information regarding the sale that has been submitted to the SEC. The current ownership of the Company’s shares held by insiders of the Company is 0.54%.
Recently, there has been significant market activity from many institutional investors buying and selling ANSS shares. In the second quarter, Janiczek Wealth Management LLC achieved a 60.7% increase in the number of ANSYS shares held in its portfolio. Last quarter, Janiczek Wealth Management LLC purchased an additional 37 shares of the software developer, bringing its total holdings to 98 shares of the company worth $27,000. This represents an increase of 37 shares from the previous quarter. During the second quarter, Waldron Private Wealth LLC increased the proportion of ANSYS shares held by 2.2%. After buying 37 additional shares in the last quarter, Waldron Private Wealth LLC now owns 1,739 shares of the software maker, which are currently valued at $416,000. This brings the total value of the company’s stock portfolio to $416,000. During the second quarter, Cetera Investment Advisers increased the total number of ANSYS shares held by 1.7%. Following the acquisition of 38 additional shares in the last quarter, Cetera Investment Advisers now holds 2,321 shares of the software maker in its portfolio. The price at which these shares are currently trading in the market is $555,000. (38 more). First Merchants Corporation increased its stake in ANSYS by 1.7% in the first three months of 2018. First Merchants Corporation increased its stake in the software developer’s stock in the last quarter by purchasing an additional 39 shares. This brought the total number of shares acquired to 2,326 for $739,000.00 per share.
Last but not least, the news is that Financial Consulate Inc. increased its stake in ANSYS during the first quarter by 3.6%. However, this is not the least of the news. Following the acquisition of 43 additional shares in the last fiscal quarter, Financial Consulate Inc. now owns 1,254 shares of the software maker. The total value of these shares is $398,000 at the current market price. Most of the company’s stock is currently held in the hands of institutional investors, including hedge funds and other types.

NASDAQ:ANSS was first available on Tuesday, with a starting price of $221.16. The price to earnings ratio of the stock is 42.45, the price to growth ratio of the stock is 4.60 and the stock has a beta value of 1.31. The company’s total value, measured by its market capitalization, is $19.26 billion. In this case, the current, quick, and leverage ratios are all 2.12, while the leverage ratio is 0.17. The company’s current price, which is trading at $232.65, is below its 200-day simple moving average of $250.18. ANSYS’ current stock price hit a new 52-week low at $194.23, while the stock hit a new 52-week high at $413.89.
On August 3, ANSYS’ latest earnings report was made public. ANSYS is a publicly traded company whose shares are designated by the NASDAQ label: ANSS. The software company reported earnings per share (EPS) for the quarter of $1.39, up $0.19 from the consensus expectation of $1.20 for the quarter. The company’s return on equity was 11.98% for the ANSYS year and the net margin was 22.96% of the company’s revenue. The company’s sales for the quarter were $475.89 million, significantly higher than industry experts’ forecast of $466.70 million for the company in the period. in question. Additionally, the company generated earnings of $1.38 per share during the same period in prior year operations. Most stock analysts believe ANSYS will earn $6.12 per share in 2018.

ANSYS, Inc. is a company that focuses on the development of engineering simulation software as well as the distribution and distribution of services worldwide. It offers a product suite for high-performance computing, a software suite for power analysis and optimization, and ANSYS Workbench, a framework on which its multiphysics engineering simulation technologies are built. All of these can be found on its website. In a unified engineering simulation environment, engineers can recreate the interactions between many different parts, such as heat transfer, fluids, electronic components, and optical components.