Insider Selling: Andrew T. Yang Sells 9,260 Shares of Ansys Stock (ANSS)
Ansys (NASDAQ:ANSS) VP Andrew T. Yang sold 9,260 shares of the stock on the open market in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $78.73, for a total transaction of $729,039.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Ansys (NASDAQ:ANSS) traded up 0.66% on Friday, hitting $79.37. 484,809 shares of the company’s stock traded hands. Ansys has a one year low of $71.50 and a one year high of $89.42. The stock’s 50-day moving average is $76.07 and its 200-day moving average is $77.01. The company has a market cap of $7.303 billion and a price-to-earnings ratio of 28.99.
Ansys (NASDAQ:ANSS) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.86 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.80 by $0.06. The company had revenue of $232.40 million for the quarter, compared to the consensus estimate of $238.72 million. During the same quarter in the prior year, the company posted $0.77 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. Analysts expect that Ansys will post $3.35 EPS 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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