Ansys Inc (NASDAQ: ANSS) is -5.10% lower on its value in year-to-date trading and has touched a low of $275.81 and a high of $364.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ANSS stock was last observed hovering at around $361.45 in the last trading session, with the day’s loss setting it -17.06%.
Currently trading at $344.39, the stock is -0.62% and 3.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing -4.72% at the moment leaves the stock 5.20% off its SMA200. ANSS registered 23.32% gain for a year compared to 6-month loss of 6.05%. The firm has a 50-day simple moving average (SMA 50) of $332.367 and a 200-day simple moving average (SMA200) of $327.2919.
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The stock witnessed a 6.14% gain in the last 1 month and extending the period to 3 months gives it a 12.90%, and is -1.04% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.50% over the week and 2.20% over the month.
Ansys Inc (ANSS) has around 6200 employees, a market worth around $30.12B and $2.47B in sales. Current P/E ratio is 53.19 and Fwd P/E is 30.73. Profit margin for the company is 23.01%. Distance from 52-week low is 24.86% and -5.47% from its 52-week high. The company has generated returns on investments over the last 12 months (8.51%).
The EPS is expected to grow by 17.92% this year
1244.0 institutions hold shares in Ansys Inc (ANSS), with institutional investors hold 96.83% of the company’s shares. The shares outstanding are 87.42M, and float is at 87.06M with Short Float at 1.53%. Institutions hold 96.43% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.41 million shares valued at $3.35 billion. The investor’s holdings represent 11.9611 of the ANSS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.64 million shares valued at $2.78 billion to account for 9.9271 of the shares outstanding. The other top investors are ARISTOTLE CAPITAL MANAGEMENT, LLC which holds 3.61 million shares representing 4.1413 and valued at over $1.16 billion, while STATE STREET CORP holds 4.1314 of the shares totaling 3.6 million with a market value of $1.16 billion.
Ansys Inc (ANSS) Insider Activity
The most recent transaction is an insider sale by Dorchak Glenda, the company’s Director. SEC filings show that Dorchak Glenda sold 152 shares of the company’s common stock on Oct 07 ’24 at a price of $313.61 per share for a total of $47669.0. Following the sale, the insider now owns 3630.0 shares.
Ansys Inc disclosed in a document filed with the SEC on Jul 08 ’24 that Dorchak Glenda (Director) sold a total of 159 shares of the company’s common stock. The trade occurred on Jul 08 ’24 and was made at $330.81 per share for $52599.0. Following the transaction, the insider now directly holds 3782.0 shares of the ANSS stock.
Still, SEC filings show that on Apr 08 ’24, Dorchak Glenda (Director) disposed off 150 shares at an average price of $342.08 for $51312.0. The insider now directly holds 3,049 shares of Ansys Inc (ANSS).
