On October 7, 2024, Glenda Dorchak, a Director at Ansys Inc (ANSS, Financial), sold 152 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 3,630 shares of Ansys Inc.
Ansys Inc specializes in engineering simulation software, which engineers and designers utilize to simulate the interactions among structures, heat transfer, fluids, and electronics in products and manufacturing processes.
Over the past year, Glenda Dorchak has sold a total of 883 shares and has not purchased any shares. This recent sale is part of a broader trend within Ansys Inc, where there have been no insider buys but 7 insider sells over the past year.
Shares of Ansys Inc were priced at $313.61 on the day of the sale, giving the company a market cap of approximately $27.36 billion. The price-earnings ratio of Ansys Inc stands at 55.22, which is above both the industry median of 26.675 and the company's historical median.
The stock's current price compared to the GF Value of $349.82 suggests that Ansys Inc is modestly undervalued, with a price-to-GF-Value ratio of 0.9.
The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels in the company's future prospects, especially when considered alongside the broader financial metrics and valuation assessments.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
