Could Ansys Inc (NASDAQ:ANSS) Change Direction After More Shorts?

February 22, 2018 - By Hazel Jackson

 Could Ansys Inc (NASDAQ:ANSS) Change Direction After More Shorts?

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.21, from 1.18 in 2017Q2. It fall, as 32 investors sold Ansys, Inc. shares while 151 reduced holdings. 42 funds opened positions while 136 raised stakes. 79.23 million shares or 1.85% less from 80.72 million shares in 2017Q2 were reported.
Boston Family Office Limited Liability reported 131,353 shares. Hirtle Callaghan And Communications Ltd owns 184 shares. Moreover, First Personal Financial Services has 0.95% invested in Ansys, Inc. (NASDAQ:ANSS) for 36,770 shares. Commerzbank Aktiengesellschaft Fi invested 0.01% of its portfolio in Ansys, Inc. (NASDAQ:ANSS). 459,800 were accumulated by Swiss Bank & Trust. State Of Alaska Department Of Revenue invested in 11,632 shares. Employees Retirement Sys Of Texas reported 5,000 shares stake. Westpac Banking has invested 0.02% in Ansys, Inc. (NASDAQ:ANSS). Fny Managed Accounts Ltd Liability Corporation, New York-based fund reported 240 shares. 13,050 were accumulated by Teachers Retirement Systems Of The State Of Kentucky. Leavell Investment Mngmt stated it has 0.05% in Ansys, Inc. (NASDAQ:ANSS). Prudential holds 115,263 shares. Dimensional Fund Advsr Ltd Partnership has 330,692 shares for 0.02% of their portfolio. Dekabank Deutsche Girozentrale holds 23,011 shares or 0.02% of its portfolio. Fdx Advsr invested in 0.07% or 20,699 shares.

Since February 1, 2018, it had 0 buys, and 2 selling transactions for $4.39 million activity. $4.06 million worth of Ansys, Inc. (NASDAQ:ANSS) shares were sold by SHIELDS MARIA T.

The stock of Ansys Inc (NASDAQ:ANSS) registered an increase of 0.2% in short interest. ANSS’s total short interest was 1.19 million shares in February as published by FINRA. Its up 0.2% from 1.19M shares, reported previously. With 505,300 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 1.41%.

The stock decreased 2.54% or $4.27 during the last trading session, reaching $163.54. About 731,957 shares traded or 46.95% up from the average. Ansys, Inc. (NASDAQ:ANSS) has risen 43.75% since February 22, 2017 and is uptrending. It has outperformed by 27.05% 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 $13.88 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 51.41 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 15 analysts covering Ansys Inc. (NASDAQ:ANSS), 3 have Buy rating, 2 Sell and 10 Hold. Therefore 20% are positive. Ansys Inc. has $160 highest and $86 lowest target. $122.10’s average target is -25.34% below currents $163.54 stock price. Ansys Inc. had 35 analyst reports since August 6, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Hold” rating in Wednesday, September 27 report. The company was maintained on Friday, November 3 by RBC Capital Markets. The stock of Ansys, Inc. (NASDAQ:ANSS) earned “Equal-Weight” rating by Barclays Capital on Friday, August 5. The firm earned “Underweight” rating on Friday, September 15 by Barclays Capital. Benchmark maintained Ansys, Inc. (NASDAQ:ANSS) rating on Friday, November 4. Benchmark has “Hold” rating and $86 target. The company was downgraded on Friday, January 6 by Barclays Capital. The rating was maintained by Needham on Friday, September 15 with “Hold”. The company was initiated on Thursday, October 8 by KeyBanc Capital Markets. The stock of Ansys, Inc. (NASDAQ:ANSS) earned “Sell” rating by J.P. Morgan on Thursday, September 14. Citigroup initiated Ansys, Inc. (NASDAQ:ANSS) rating on Friday, September 22. Citigroup has “Hold” rating and $125.0 target.

More important recent Ansys, Inc. (NASDAQ:ANSS) news were published by: which released: “Ansys reports significant revenue growth and flat earnings in a fiscal year …” on February 21, 2018, also published article titled: “ANSYS Replenishes Authorized Share Repurchase Program to Five Million Shares”, published: “ANSYS to Release Fourth Quarter and FY 2017 Earnings on February 21, 2018” on January 25, 2018. More interesting news about Ansys, Inc. (NASDAQ:ANSS) was released by: and their article: “ANSYS Announces Q4 2017 Financial Results: A Strong Finish Reflecting Record …” with publication date: February 21, 2018.

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