Boston Trust Walden Corp Sells 8,713 Shares of ANSYS, Inc. (NASDAQ:ANSS)

Boston Trust Walden Corp reduced its position in shares of ANSYS, Inc. (NASDAQ:ANSS) by 20.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,882 shares of the software maker’s stock after selling 8,713 shares during the quarter. Boston Trust Walden Corp’s holdings in ANSYS were worth $11,092,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ANSS. Bangor Savings Bank grew its position in ANSYS by 32.7% in the 3rd quarter. Bangor Savings Bank now owns 138 shares of the software maker’s stock valued at $44,000 after purchasing an additional 34 shares during the period. DiNuzzo Private Wealth Inc. increased its position in shares of ANSYS by 2,833.3% during the third quarter. DiNuzzo Private Wealth Inc. now owns 176 shares of the software maker’s stock worth $56,000 after acquiring an additional 170 shares in the last quarter. Intact Investment Management Inc. acquired a new stake in shares of ANSYS in the 3rd quarter worth about $70,000. Brooklyn Investment Group bought a new position in ANSYS in the 3rd quarter valued at about $119,000. Finally, Asset Dedication LLC boosted its stake in ANSYS by 35.1% during the 3rd quarter. Asset Dedication LLC now owns 385 shares of the software maker’s stock valued at $123,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 92.39% of the company’s stock.

ANSYS Stock Down 1.1 %

ANSS stock opened at $346.78 on Tuesday. The stock has a market cap of $30.33 billion, a P/E ratio of 53.52, a P/E/G ratio of 3.65 and a beta of 1.11. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.13. The stock’s fifty day simple moving average is $344.55 and its two-hundred day simple moving average is $329.83. ANSYS, Inc. has a 1-year low of $289.82 and a 1-year high of $363.03.

Insider Buying and Selling

In other news, Director Glenda Dorchak sold 200 shares of the stock in a transaction on Monday, January 13th. The stock was sold at an average price of $336.62, for a total transaction of $67,324.00. Following the completion of the transaction, the director now owns 3,430 shares in the company, valued at approximately $1,154,606.60. This represents a 5.51 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.46% of the stock is owned by insiders.

Analysts Set New Price Targets

ANSS has been the topic of several analyst reports. Robert W. Baird lifted 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. StockNews.com lowered shares of ANSYS from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, ANSYS has a consensus rating of “Hold” and a consensus target price of $346.67.

ANSYS 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.