Ansys VP Purchases $99,132 in Stock (ANSS)
Ansys (NASDAQ:ANSS) VP Robert Andrew Kocis acquired 1,200 shares of the company’s stock on the open market in a transaction dated Friday, August 22nd. The stock was purchased at an average price of $82.61 per share, for a total transaction of $99,132.00. Following the completion of the purchase, the vice president now directly owns 1,200 shares in the company, valued at approximately $99,132. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Ansys (NASDAQ:ANSS) traded up 0.64% during mid-day trading on Tuesday, hitting $81.43. The stock had a trading volume of 291,267 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 $77.78 and its 200-day moving average is $77.06. The company has a market cap of $7.493 billion and a P/E ratio of 29.75. Ansys also saw a large increase in short interest in August. As of August 15th, there was short interest totalling 1,069,003 shares, an increase of 31.7% from the July 31st total of 811,534 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average trading volume of 488,522 shares, the days-to-cover ratio is presently 2.2 days.
Ansys (NASDAQ:ANSS) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.77 earnings per share. The company’s revenue for the quarter 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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