ANSYS, Inc. director sells shares, stock price may be impacted.
🔴 Short-term forecast: (-9.0%)
🟢 Long-term forecast: (+1.2%)
Stock AI’s (ANSS) Forecast get (+9.5% Profit)
StockAI’s analysis delivers real-world results. On 29 December 2023, $ANSS ($362.86), StockAI predicted a long-term 🔴 sell signal. It was accurate: 1 month later price dropped to $328.51 (🔴-9.5%). Selling ANSS on this signal yielded a +9.5% profit 💰💰.
ANSS-ANSYS, Inc. News
🔴 Director Glenda Dorchak sold 150 shares at $342.08, reducing stake.
🔴 Pacer Advisors reduced stake by 54.4% during 4th quarter.
🔴 Sumitomo Mitsui Trust Holdings trimmed holdings by 0.6%.
🟢 Stock assigned “Reduce” rating by analysts.
🔴 Artemis Investment Management lowered stake by 73.6%.
🔴 StockNews.com initiated coverage with hold rating.
Recent news surrounding ANSYS, Inc. stock has been mixed, with several key developments impacting the price forecast. Director Glenda Dorchak’s sale of shares at a price of $342.08 and the reduction in stake by Pacer Advisors and Sumitomo Mitsui Trust Holdings have all contributed to a negative sentiment surrounding the stock. Additionally, the decrease in stake by Artemis Investment Management and the initiation of coverage with a hold rating by StockNews.com further add to the bearish outlook.
On the other hand, ANSYS, Inc. stock has been assigned a “Reduce” rating by analysts, indicating a potentially positive impact on the price forecast. While the overall sentiment remains mixed, it is important for investors to consider these recent developments in order to make informed decisions regarding their investment in ANSYS, Inc. stock.
ANSS-ANSYS, Inc. Analyst Ratings
**Analyst Ratings on ANSYS, Inc. Stock**
When it comes to analyst ratings on ANSYS, Inc. (NASDAQ:ANSS) stock, there have been recent changes that investors should take note of. Here are some of the latest analyst ratings:
📉 Marketbeat reports that two equities research analysts have rated ANSYS, Inc. stock with a sell rating.
📉 StockNews.com initiated coverage on ANSYS stock with a hold rating.
📉 Raymond James & Associates lessened its stake in ANSYS, Inc. stock, indicating a potential downgrade in their outlook.
These recent analyst ratings provide insight into the current sentiment surrounding ANSYS, Inc. stock and may impact investor decisions moving forward.
**Sources:**
1. [Marketbeat](https://www.marketbeat.com)
2. [StockNews.com](https://www.stocknews.com)
3. [Raymond James & Associates](https://www.raymondjames.com)
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
Ready to analyze your own portfolio?
Get the same AI-powered insights for any stock you choose. It's easy!
