Ansys Inc (NASDAQ:ANSS) Could Improve Your Long Portfolio After Less Shorts Reported

September 16, 2018 - By Billy Entrekin


Investors sentiment increased to 0.94 in Q2 2018. Its up 0.08, from 0.86 in 2018Q1. It improved, as 31 investors sold ANSYS, Inc. shares while 175 reduced holdings. 63 funds opened positions while 131 raised stakes. 77.77 million shares or 2.76% more from 75.68 million shares in 2018Q1 were reported.
Cibc World holds 0.02% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS) for 15,198 shares. 14,464 are held by Hartford Invest. Farr Miller & Washington Ltd Liability Com Dc holds 0.06% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS) for 3,786 shares. Archford Strategies Limited Liability Company stated it has 0% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS). Suntrust Banks accumulated 18,033 shares. Washington Trust Company has 0.02% invested in ANSYS, Inc. (NASDAQ:ANSS) for 2,055 shares. Bares Mgmt holds 6.53% or 1.08 million shares in its portfolio. Manufacturers Life Ins The invested in 92,667 shares or 0.02% of the stock. Bamco Inc New York holds 1.9% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS) for 2.49 million shares. Coldstream Capital Mngmt holds 0.03% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS) for 1,843 shares. Moreover, Piermont Capital Mgmt Inc has 0.24% invested in ANSYS, Inc. (NASDAQ:ANSS). Everence Cap has 0.07% invested in ANSYS, Inc. (NASDAQ:ANSS) for 1,778 shares. Stephens Investment Management Gp Ltd Llc holds 113,574 shares or 0.39% of its portfolio. Amica Mutual Insur Com reported 2,788 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt stated it has 0.02% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS).

Since April 10, 2018, it had 0 insider purchases, and 9 selling transactions for $19.60 million activity. ZACK MATTHEW C. had sold 1,222 shares worth $199,149. Gopal Ajei sold $1.79 million worth of ANSYS, Inc. (NASDAQ:ANSS) on Friday, August 31. On Tuesday, September 4 Emswiler Shane sold $657,224 worth of ANSYS, Inc. (NASDAQ:ANSS) or 3,511 shares. GALLIMORE ALEC D. had sold 276 shares worth $47,958.

The stock of Ansys Inc (NASDAQ:ANSS) registered a decrease of 7.61% in short interest. ANSS’s total short interest was 1.40M shares in September as published by FINRA. Its down 7.61% from 1.52M shares, reported previously. With 402,000 shares average volume, it will take short sellers 4 days to cover their ANSS’s short positions. The short interest to Ansys Inc’s float is 1.67%.

The stock increased 0.54% or $1.01 during the last trading session, reaching $189.51. About 350,574 shares traded. ANSYS, Inc. (NASDAQ:ANSS) has risen 42.03% since September 16, 2017 and is uptrending. It has outperformed by 26.41% the S&P500.

ANSYS, Inc. develops and markets engineering simulation software and services used by engineers, designers, researchers, and students in the aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors industries and academia worldwide. The company has market cap of $15.98 billion. The firm offers ANSYS Workbench, a framework upon which the companyÂ’s engineering simulation technologies are built; ANSYS Engineering Knowledge Manager, a solution for simulation process and data management challenges; and high-performance computing product suite that delivers cross-physics parallel processing capabilities for simulation software. It has a 54.02 P/E ratio. It also offers geometry handling solutions; meshing technology that transforms a physical model into a mathematical model; structural analysis product suite for product design and optimization; explicit dynamics product suite that simulates events; and composite analysis and optimization technology, as well as customization services.

ANSYS, Inc. (NASDAQ:ANSS) Ratings Coverage

Among 6 analysts covering Ansys (NASDAQ:ANSS), 5 have Buy rating, 1 Sell and 0 Hold. Therefore 83% are positive. Ansys has $210 highest and $162 lowest target. $189.83’s average target is 0.17% above currents $189.51 stock price. Ansys had 6 analyst reports since May 3, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Friday, May 4 by Berenberg. Robert W. Baird maintained ANSYS, Inc. (NASDAQ:ANSS) rating on Monday, June 25. Robert W. Baird has “Buy” rating and $19700 target. MUFG Securities Americas Inc upgraded ANSYS, Inc. (NASDAQ:ANSS) rating on Thursday, May 3. MUFG Securities Americas Inc has “Buy” rating and $17300 target. The stock has “Underweight” rating by Barclays Capital on Wednesday, August 8. The firm has “Buy” rating by Goldman Sachs given on Wednesday, June 20.

ANSYS, Inc. (NASDAQ:ANSS) Ratings Chart

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