Insider Selling: Ansys Director Sells 2,000 Shares of Stock (ANSS)
Ansys (NASDAQ:ANSS) Director Patrick J. Zilvitis sold 2,000 shares of Ansys stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $78.58, for a total transaction of $157,160.00. Following the completion of the transaction, the director now directly owns 37,000 shares in the company, valued at approximately $2,907,460. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Ansys (NASDAQ:ANSS) traded up 0.66% during mid-day trading on Friday, hitting $79.37. The stock had a trading volume of 484,809 shares. Ansys has a 52-week low of $71.50 and a 52-week 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 P/E ratio of 28.99.
Ansys (NASDAQ:ANSS) last announced its 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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