2,287 Shares in ANSYS, Inc. (ANSS) Acquired by BBT Capital Management LLC

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BBT Capital Management LLC bought a new position in shares of ANSYS, Inc. (NASDAQ:ANSS) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 2,287 shares of the software maker’s stock, valued at approximately $327,000.

Other institutional investors also recently bought and sold shares of the company. Meeder Asset Management Inc. bought a new position in ANSYS in the 4th quarter valued at $69,000. Carroll Financial Associates Inc. raised its position in ANSYS by 36.9% in the 4th quarter. Carroll Financial Associates Inc. now owns 527 shares of the software maker’s stock valued at $77,000 after purchasing an additional 142 shares during the last quarter. Enlightenment Research LLC bought a new position in ANSYS in the 4th quarter valued at $101,000. Private Capital Group LLC raised its position in ANSYS by 9.0% in the 4th quarter. Private Capital Group LLC now owns 791 shares of the software maker’s stock valued at $113,000 after purchasing an additional 65 shares during the last quarter. Finally, ETF Managers Group LLC raised its position in ANSYS by 15.5% in the 4th quarter. ETF Managers Group LLC now owns 827 shares of the software maker’s stock valued at $118,000 after purchasing an additional 111 shares during the last quarter. Institutional investors and hedge funds own 92.84% of the company’s stock.

Several brokerages have issued reports on ANSS. Zacks Investment Research upgraded ANSYS from a “hold” rating to a “buy” rating and set a $177.00 price objective for the company in a research report on Friday, January 18th. ValuEngine upgraded ANSYS from a “hold” rating to a “buy” rating in a research report on Friday, November 2nd. BidaskClub upgraded ANSYS from a “sell” rating to a “hold” rating in a research report on Saturday, January 19th. Stifel Nicolaus began coverage on ANSYS in a research report on Tuesday, December 18th. They issued a “hold” rating and a $162.00 price objective for the company. Finally, Benchmark upgraded ANSYS from a “hold” rating to a “buy” rating and set a $187.00 price objective for the company in a research report on Monday, November 5th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $175.58.

In other news, VP Richard S. Mahoney sold 2,041 shares of the business’s stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $174.15, for a total transaction of $355,440.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Thurk sold 3,500 shares of the business’s stock in a transaction on Monday, February 11th. The stock was sold at an average price of $171.73, for a total value of $601,055.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,888 shares of company stock valued at $2,128,748. 1.10% of the stock is currently owned by corporate insiders.

ANSS stock opened at $174.66 on Thursday. The firm has a market cap of $14.58 billion, a PE ratio of 40.38 and a beta of 1.34. ANSYS, Inc. has a twelve month low of $136.80 and a twelve month high of $190.45.

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ANSYS Company Profile

ANSYS, Inc develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company's engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization.

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Institutional Ownership by Quarter for ANSYS (NASDAQ:ANSS)

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