Ameliora Wealth Management Ltd. Makes New $27,000 Investment in ANSYS, Inc. (NASDAQ:ANSS)

Ameliora Wealth Management Ltd. purchased a new stake in shares of ANSYS, Inc. (NASDAQ:ANSS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 80 shares of the software maker’s stock, valued at approximately $27,000.

Several other hedge funds and other institutional investors also recently modified their holdings of ANSS. AQR Capital Management LLC lifted its position in ANSYS by 21.6% during the second quarter. AQR Capital Management LLC now owns 2,722 shares of the software maker’s stock valued at $875,000 after purchasing an additional 483 shares during the last quarter. Czech National Bank lifted its holdings in shares of ANSYS by 7.0% during the 3rd quarter. Czech National Bank now owns 17,801 shares of the software maker’s stock worth $5,672,000 after acquiring an additional 1,166 shares during the last quarter. GAMMA Investing LLC grew its position in ANSYS by 7.2% in the third quarter. GAMMA Investing LLC now owns 1,379 shares of the software maker’s stock worth $439,000 after acquiring an additional 93 shares in the last quarter. Fulton Bank N.A. increased its stake in ANSYS by 7.5% in the third quarter. Fulton Bank N.A. now owns 1,177 shares of the software maker’s stock valued at $375,000 after acquiring an additional 82 shares during the last quarter. Finally, CWM LLC raised its position in ANSYS by 3.8% during the third quarter. CWM LLC now owns 6,112 shares of the software maker’s stock valued at $1,947,000 after purchasing an additional 226 shares in the last quarter. Hedge funds and other institutional investors own 92.39% of the company’s stock.

ANSYS Trading Down 0.1 %

Shares of ANSS opened at $346.62 on Friday. The stock has a market capitalization of $30.31 billion, a P/E ratio of 53.49, a PEG ratio of 3.65 and a beta of 1.12. ANSYS, Inc. has a twelve month low of $289.82 and a twelve month high of $363.03. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 0.13. The firm has a fifty day simple moving average of $344.36 and a two-hundred day simple moving average of $330.39.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 200 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $336.62, for a total value of $67,324.00. Following the completion of the sale, the director now owns 3,430 shares of the company’s stock, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.46% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ANSS shares. StockNews.com lowered ANSYS from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. Robert W. Baird increased their price target on shares of ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $346.67.

About ANSYS

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.