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

April 18, 2018 - By Lynda A. Deweese

ANSYS, Inc. (NASDAQ:ANSS) Logo

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.08, from 0.97 in 2017Q3. It dropped, as 26 investors sold ANSYS, Inc. shares while 182 reduced holdings. 73 funds opened positions while 113 raised stakes. 77.82 million shares or 1.78% less from 79.23 million shares in 2017Q3 were reported.
Tompkins Finance Corporation accumulated 374 shares. Rampart Communication Ltd Co has invested 0.07% in ANSYS, Inc. (NASDAQ:ANSS). Papp L Roy Associates holds 12,998 shares or 0.38% of its portfolio. Schwab Charles Invest Management stated it has 455,634 shares or 0.05% of all its holdings. Strs Ohio holds 10,473 shares or 0.01% of its portfolio. Private Advisor Group Limited Com owns 7,842 shares. Kentucky Retirement Sys reported 5,233 shares. Tru Department Mb Fincl Bank N A holds 4,268 shares. Jefferies Grp Ltd Liability has invested 0% in ANSYS, Inc. (NASDAQ:ANSS). Proshare Advsrs Limited Co holds 0.02% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS) for 14,811 shares. State Of Alaska Department Of Revenue holds 0.06% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS) for 17,592 shares. Qs Investors Ltd Llc owns 2,708 shares. University Of Texas Managment invested 0.05% in ANSYS, Inc. (NASDAQ:ANSS). Columbia Wanger Asset Mngmt Ltd owns 583,692 shares. Sei Invests invested in 134,419 shares.

Since February 1, 2018, it had 0 buys, and 6 sales for $8.99 million activity. $136,196 worth of stock was sold by CASHMAN JAMES E III on Tuesday, April 10. HINDSBO MARK sold $156,610 worth of ANSYS, Inc. (NASDAQ:ANSS) on Thursday, March 8. Another trade for 24,500 shares valued at $4.04 million was made by MORLEY BRADFORD C on Wednesday, March 7. $4.06 million worth of stock was sold by SHIELDS MARIA T on Thursday, February 1.

The stock of Ansys Inc (NASDAQ:ANSS) registered a decrease of 14.74% in short interest. ANSS’s total short interest was 1.20 million shares in April as published by FINRA. Its down 14.74% from 1.40 million shares, reported previously. With 517,700 shares average volume, it will take short sellers 2 days to cover their ANSS’s short positions. The short interest to Ansys Inc’s float is 1.42%.

The stock increased 2.87% or $4.59 during the last trading session, reaching $164.58. About 519,311 shares traded or 6.70% up from the average. ANSYS, Inc. (NASDAQ:ANSS) has risen 48.65% since April 18, 2017 and is uptrending. It has outperformed by 37.10% 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 $13.83 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 55.23 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 5 analysts covering Ansys (NASDAQ:ANSS), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Ansys had 7 analyst reports since October 31, 2017 according to SRatingsIntel. The firm has “Buy” rating by Robert W. Baird given on Thursday, February 22. KeyBanc Capital Markets maintained ANSYS, Inc. (NASDAQ:ANSS) on Tuesday, October 31 with “Hold” rating. The company was maintained on Friday, November 3 by RBC Capital Markets. RBC Capital Markets maintained ANSYS, Inc. (NASDAQ:ANSS) rating on Wednesday, January 17. RBC Capital Markets has “Hold” rating and $158.0 target. The firm has “Neutral” rating by Citigroup given on Friday, November 3. The firm has “Buy” rating given on Tuesday, January 30 by Berenberg. Robert W. Baird maintained it with “Buy” rating and $155.0 target in Friday, November 3 report.

ANSYS, Inc. (NASDAQ:ANSS) Ratings Chart

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