ANSYS, Inc. (NASDAQ:ANSS) has coverage initiated with a Market Perform rating

ME Staff
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Analyst Ratings For ANSYS, Inc. (NASDAQ:ANSS)

Today, William Blair initiated coverage on ANSYS, Inc. (NASDAQ:ANSS) with a Market Perform.

There are 7 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on ANSYS, Inc. (NASDAQ:ANSS) is Hold with a consensus target price of $171.00 per share, a potential 3.79% upside.

Some recent analyst ratings include

  • 10/9/2018-ANSYS, Inc. (NASDAQ:ANSS) has coverage initiated with a Market Perform rating
  • 9/6/2018-ANSYS, Inc. (NASDAQ:ANSS) had its Neutral rating reiterated by Wedbush with a $168.00 price target
  • 8/14/2018-ANSYS, Inc. (NASDAQ:ANSS) had its Overweight rating reiterated by Citigroup
  • 8/7/2018-ANSYS, Inc. (NASDAQ:ANSS) has coverage initiated with a Buy rating and $210.00 price target
  • 8/6/2018-ANSYS, Inc. (NASDAQ:ANSS) had its Hold rating reiterated by Evercore ISI with a $150.00 price target

Recent Insider Trading Activity For ANSYS, Inc. (NASDAQ:ANSS)
ANSYS, Inc. (NASDAQ:ANSS) has insider ownership of 1.10% and institutional ownership of 95.32%.

  • On 9/13/2018 Barbara Vaughn Scherer, Director, sold 2,454 with an average share price of $187.99 per share and the total transaction amounting to $461,327.46.
  • On 9/4/2018 Ajei Gopal, Insider, sold 9,609 with an average share price of $186.35 per share and the total transaction amounting to $1,790,637.15.
  • On 9/4/2018 Shane Emswiler, VP, sold 3,511 with an average share price of $187.19 per share and the total transaction amounting to $657,224.09.
  • On 8/22/2018 Alec D. Gallimore, Director, sold 276 with an average share price of $173.76 per share and the total transaction amounting to $47,957.76.
  • On 8/13/2018 James E. Cashman III, Director, sold 30,000 with an average share price of $171.39 per share and the total transaction amounting to $5,141,700.00.
  • On 8/1/2018 Michael Thurk, Director, sold 3,500 with an average share price of $170.19 per share and the total transaction amounting to $595,665.00.
  • On 5/22/2018 James E. Cashman III, Director, sold 40,254 with an average share price of $163.76 per share and the total transaction amounting to $6,591,995.04.

About ANSYS, Inc. (NASDAQ:ANSS)
ANSYS, Inc. develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company's engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization. It also provides fluids product suite that enables modeling of fluid flow and other related physical phenomena; electronics product suite, which provides field simulation software for designing electronic and electromechanical products; and power analysis and optimization software suite. In addition, the company offers power analysis and optimization software suite that manages the power budget, power delivery integrity, and power-induced noise in an electronic design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; system simulation capability for the design of automated products; and high-performance computing product suite, which delivers cross-physics parallel processing capabilities for simulation software. Further, it provides Discovery product family for use in the simulation of product design; academic product suite with a portfolio of academic products based on associate, research, and teaching; ANSYS medini analyze, a suite for functional safety analysis; and ANSYS Fluent that automatically refines the mesh. The company serves engineers, designers, researchers, and students in the aerospace and defense, automotive, electronics, semiconductors, energy, materials and chemical processing, turbomachinery, consumer products, healthcare, and sports industries and academia. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.

Recent Trading Activity for ANSYS, Inc. (NASDAQ:ANSS)
Shares of ANSYS, Inc. closed the previous trading session at 165.50 −2.77 1.65% with 167.49 shares trading hands.