Ansys Inc (NASDAQ:ANSS) shares traded -0.43% lower at $342.17 on Wall Street last session.
ANSS stock price is now 6.65% away from the 50-day moving average and 3.95% away from the 200-day moving average. The market capitalization of the company currently stands at $30.08B.
With the price target reduced from $356 to $295, BofA Securities Downgraded its rating from Buy to Underperform for Ansys Inc (NASDAQ: ANSS). On December 14, 2022, Robert W. Baird Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock increasing its target price from $281 to quote $295, while ‘Rosenblatt’ rates the stock as ‘Buy’
In other news, Dorchak Glenda, Director sold 200 shares of the company’s stock on Apr 14 ’25. The stock was sold for $60,002 at an average price of $300.01. Upon completion of the transaction, the Director now directly owns 3,230 shares in the company, valued at $1.11 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 14 ’25, Director GLENDA DORCHAK bought 200 shares of the business’s stock. A total of $60,002 was incurred on buying the stock at an average price of $300.01. A total of 0.37% of the company’s stock is owned by insiders.
During the past 12 months, Ansys Inc has had a low of $275.06 and a high of $363.03. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 3.66, and a quick ratio of 3.66.
The net profit margin was 22.95% and return on equity was 10.23% for ANSS. The company reported revenue of $504.89 million for the quarter, compared to $466.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.21 percent.
