Insider Selling: Ansys Director Sells 1,000 Shares of Stock (ANSS)
Ansys (NASDAQ:ANSS) Director Patrick J. Zilvitis sold 1,000 shares of the stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $78.00, for a total transaction of $78,000.00. Following the completion of the transaction, the director now directly owns 37,000 shares in the company, valued at approximately $2,886,000. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Ansys (NASDAQ:ANSS) traded up 0.66% during mid-day trading on Friday, hitting $79.37. 484,809 shares of the company’s stock traded hands. Ansys has a 52 week low of $71.50 and a 52 week high of $89.42. The stock has a 50-day moving average of $76.16 and a 200-day moving average of $77.03. The company has a market cap of $7.303 billion and a price-to-earnings ratio of 28.99.
Ansys (NASDAQ:ANSS) last released its earnings data 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. On average, analysts predict that Ansys will post $3.35 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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