Last Price$289.10NASDAQ Previous Close - Last Trade as of 3:59PM ET 6/05/20

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Insider Trends: Insider at ANSYS Makes Shares Sale for Tax Slowing 90-Day Buy Trend

6:02PM ET 3/09/2020 MT Newswires
On Mar 05, 2020, Maria T Shields, CFO & VP Finance and Admin., completed a sale of 3,043 ANSYS (ANSS) shares for approximately $723,565 to meet tax obligations. Shields, after the transactions detailed in the SEC Form 4 filing, owns 127,940 shares of company stock, with a market value, based on the prior-day closing price, of $30.4 million.

In the 90 days prior to the date of this filing, there have been 38 insider transactions reported to the SEC for ANSYS. These transactions came from the activities of 8 individual insiders that resulted in a net acquisition of 130,811 company shares. Relative to the preceding 90-day window of time, there were 8 transactions from 6 insiders and resulted in the net disposition of 5,917 shares.

This is a lower level of transactions than the peer group average in the 37-company Application Software peer group over the last 90-day period. Peer group activity averaged 150.2 transactions per company, and disposition of 276,359 shares on average.

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