Large Inflow of Money Detected in ANSYS

ANSYS (ANSS) : Tuesdays money flow indicated an uptick to downtick ratio was at 1.42. The total value of inflow transactions on upticks was $8.32 million, whereas, the total value of outflow trades on downticks was $5.84 million. The total money flow was $2.48 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.77 million. The total value of the trades done on upticks was $2.93 million. Downticks saw transactions worth $1.16 million. The total uptick to downtick ratio stood at 2.52, mildly in favor of the bulls. ANSYS (ANSS) was trading with a -1.22% change over previous days close. It fell $1.2 during the day and reached $97.3. The stock was -1.23% compared to the previous weeks close.


Also, Brokerage firm Barclays maintains its rating on ANSYS (NASDAQ:ANSS). As per the latest information, the brokerage house raises the price target to $94 per share from a prior target of $86. The shares have been rated Equal-weight. The rating by the firm was issued on August 5, 2016.

Ansys, Inc. has dropped 2.99% in the last five trading days, however, the shares have posted positive gains of 5.5% in the last 4 weeks. Ansys, Inc. is up 7.9% in the last 3-month period. Year-to-Date the stock performance stands at 3.08%.

ANSYS (NASDAQ:ANSS): The stock opened at $95.88 on Tuesday but the bulls could not build on the opening and the stock topped out at $97.98 for the day. The stock traded down to $94.37 during the day, due to lack of any buying support eventually closed down at $95.35 with a loss of -3.20% for the day. The stock had closed at $98.50 on the previous day. The total traded volume was 1,987,553 shares.

In a related news, Shields Maria T, (CFO & VP Finance and Admin.) of Ansys Inc, unloaded 35,000 shares at an average price of $88 on June 16, 2016. The total amount of the transaction was worth $3,080,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

ANSYS, Inc. (ANSYS) develops and markets engineering simulation software and services. The Company offers the suite to engineers, designers, researchers and students, and for industries and academia, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense. The Companys product portfolio consists of ANSYS Workbench, Structures, Fluids, Electronics, Systems and Academic. ANSYS Workbench is the framework upon which the Companys suite of engineering simulation technologies is built. The structures product suite offers simulation tools for product design and optimization. The fluids product suite enables modeling of fluid flow. The Companys system simulation capability is to design automated products. The academic product suite provides a portfolio of academic products-based on usage tiers, such as associate, research and teaching.

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