Hantz Financial Services Inc. Decreases Holdings in ANSYS, Inc. (NASDAQ:ANSS)

Hantz Financial Services Inc. lowered its stake in ANSYS, Inc. (NASDAQ:ANSS) by 5.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,540 shares of the software maker’s stock after selling 135 shares during the period. Hantz Financial Services Inc.’s holdings in ANSYS were worth $809,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. DT Investment Partners LLC boosted its holdings in shares of ANSYS by 888.9% in the 2nd quarter. DT Investment Partners LLC now owns 89 shares of the software maker’s stock worth $29,000 after purchasing an additional 80 shares during the period. Redwood Wealth Management Group LLC bought a new stake in ANSYS in the second quarter worth $32,000. Rothschild Investment LLC purchased a new position in ANSYS during the second quarter worth $38,000. Bangor Savings Bank increased its position in ANSYS by 32.7% during the third quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock valued at $44,000 after acquiring an additional 34 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. raised its stake in shares of ANSYS by 2,833.3% in the third quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker’s stock valued at $56,000 after acquiring an additional 170 shares during the period. 92.39% of the stock is owned by institutional investors.

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 152 shares of the stock in a transaction on Monday, October 7th. The stock was sold at an average price of $313.61, for a total transaction of $47,668.72. Following the transaction, the director now owns 3,630 shares of the company’s stock, valued at approximately $1,138,404.30. This represents a 4.02 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.46% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. StockNews.com cut shares of ANSYS from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th. Robert W. Baird boosted their target price on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, Rosenblatt Securities reduced their price target on ANSYS from $345.00 to $335.00 and set a “neutral” rating on the stock in a report on Tuesday, August 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $342.50.

ANSYS Stock Performance

Shares of NASDAQ:ANSS opened at $351.10 on Monday. The firm’s 50 day simple moving average is $330.99 and its 200-day simple moving average is $323.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11. ANSYS, Inc. has a one year low of $275.81 and a one year high of $364.31. The firm has a market cap of $30.70 billion, a PE ratio of 54.18, a price-to-earnings-growth ratio of 3.98 and a beta of 1.11.

ANSYS Company 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.