Ansys VP Shane Emswiler Unloads 2,911 Shares (ANSS)
Ansys (NASDAQ:ANSS) VP Shane Emswiler sold 2,911 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $88.25, for a total transaction of $256,895.75. Following the transaction, the vice president now directly owns 4,501 shares of the company’s stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Wedbush raised their price target on shares of Ansys (NASDAQ:ANSS) from $75.00 to $84.00 in a research note to investors on Friday, August 2nd. They now have a “neutral” rating on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Ansys (NASDAQ:ANSS) from $75.00 to $86.00 in a research note to investors on Friday, August 2nd. They now have a “hold” rating on the stock. Finally, analysts at Benchmark Co. raised their price target on shares of Ansys (NASDAQ:ANSS) from $85.00 to $100.00 in a research note to investors on Thursday, August 1st. They now have a “buy” rating on the stock.
Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $82.29.
Ansys (NASDAQ:ANSS) traded up 0.40% during mid-day trading on Wednesday, hitting $88.12. The stock had a trading volume of 333,584 shares. Ansys has a 52-week low of $63.22 and a 52-week high of $89.71. The stock has a 50-day moving average of $85.14 and a 200-day moving average of $78.63. The company has a market cap of $8.145 billion and a price-to-earnings ratio of 39.01.
Ansys (NASDAQ:ANSS) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.77 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.71 by $0.06. The company had revenue of $216.20 million for the quarter, compared to the consensus estimate of $208.73 million. During the same quarter in the prior year, the company posted $0.72 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis. On average, analysts predict that Ansys will post $3.06 earnings per share for the current fiscal year.
ANSYS, Inc (NASDAQ:ANSS) develops and globally markets engineering simulation software and services widely used by engineers, designers, researchers and students across a spectrum of industries and academia, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense.
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