ANSYS, Inc. (NASDAQ:ANSS) CFO Maria T. Shields sold 25,000 shares of ANSYS stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $162.52, for a total value of $4,063,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of ANSYS, Inc. (NASDAQ:ANSS) traded down $4.27 during midday trading on Monday, reaching $156.02. The company’s stock had a trading volume of 614,884 shares, compared to its average volume of 503,041. The firm has a market capitalization of $13,580.00, a P/E ratio of 49.06 and a beta of 1.07. ANSYS, Inc. has a 1 year low of $94.20 and a 1 year high of $164.90.
A number of research firms recently issued reports on ANSS. Berenberg Bank raised ANSYS from a “hold” rating to a “buy” rating and set a $123.00 target price on the stock in a research report on Tuesday, January 30th. BidaskClub downgraded ANSYS from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 26th. Zacks Investment Research raised ANSYS from a “hold” rating to a “buy” rating and set a $169.00 target price on the stock in a research report on Tuesday, November 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of ANSYS in a research report on Friday, November 3rd. Finally, Citigroup lifted their target price on ANSYS from $125.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $128.91.
ANSYS Company Profile
ANSYS, Inc (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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