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TechTarget, Inc. (TTGT) Reaches $23.91 High on May, 16; 4 Analysts Covering ANSYS, Inc. (ANSS)

TechTarget, Inc. (NASDAQ:TTGT) Logo

Among 16 analysts covering Ansys Inc. (NASDAQ:ANSS), 4 have Buy rating, 2 Sell and 10 Hold. Therefore 25% are positive. Ansys Inc. had 38 analyst reports since August 6, 2015 according to SRatingsIntel. J.P. Morgan maintained ANSYS, Inc. (NASDAQ:ANSS) on Thursday, September 14 with “Sell” rating. The company was downgraded on Friday, May 6 by Wedbush. The company was maintained on Friday, June 9 by Evercore. The stock of ANSYS, Inc. (NASDAQ:ANSS) earned “Hold” rating by Needham on Tuesday, November 22. The stock of ANSYS, Inc. (NASDAQ:ANSS) earned “Hold” rating by Citigroup on Friday, September 22. The stock of ANSYS, Inc. (NASDAQ:ANSS) earned “Neutral” rating by Goldman Sachs on Thursday, May 26. Barclays Capital maintained the shares of ANSS in report on Friday, September 15 with “Underweight” rating. The firm earned “Buy” rating on Friday, September 29 by Robert W. Baird. The firm has “Overweight” rating by Mitsubishi UFJ given on Tuesday, February 9. The stock of ANSYS, Inc. (NASDAQ:ANSS) has “Hold” rating given on Friday, September 15 by Needham. See ANSYS, Inc. (NASDAQ:ANSS) latest ratings:

04/05/2018 Broker: Berenberg Rating: Buy New Target: $190.0000 Maintain
03/05/2018 Broker: MUFG Securities Americas Inc Rating: Buy New Target: $173.0000 Upgrade
22/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $165.0 Maintain
30/01/2018 Broker: Berenberg Old Rating: Hold New Rating: Buy Old Target: $123 Upgrade
17/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $158.0 Maintain

The stock of TechTarget, Inc. (NASDAQ:TTGT) reached all time high today, May, 16 and still has $26.06 target or 9.00% above today’s $23.91 share price. This indicates more upside for the $657.46M company. This technical setup was reported by Barchart.com. If the $26.06 PT is reached, the company will be worth $59.17M more. The stock increased 1.23% or $0.29 during the last trading session, reaching $23.91. About 113,616 shares traded. TechTarget, Inc. (NASDAQ:TTGT) has risen 118.72% since May 16, 2017 and is uptrending. It has outperformed by 107.17% the S&P500.

Since February 1, 2018, it had 0 buys, and 7 sales for $9.19 million activity. CASHMAN JAMES E III sold $136,196 worth of stock or 862 shares. 1,625 shares valued at $263,088 were sold by MAHONEY RICHARD S. on Monday, March 5. HINDSBO MARK sold $156,610 worth of stock or 944 shares. $4.04M worth of stock was sold by MORLEY BRADFORD C on Wednesday, March 7. Shares for $199,149 were sold by ZACK MATTHEW C.. SHIELDS MARIA T sold $4.06M worth of stock or 25,000 shares.

ANSYS, Inc. develops and markets engineering simulation software and services used by engineers, designers, researchers, and students in the aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors industries and academia worldwide. The company has market cap of $13.81 billion. The firm offers ANSYS Workbench, a framework upon which the companyÂ’s engineering simulation technologies are built; ANSYS Engineering Knowledge Manager, a solution for simulation process and data management challenges; and high-performance computing product suite that delivers cross-physics parallel processing capabilities for simulation software. It has a 50.91 P/E ratio. It also offers geometry handling solutions; meshing technology that transforms a physical model into a mathematical model; structural analysis product suite for product design and optimization; explicit dynamics product suite that simulates events; and composite analysis and optimization technology, as well as customization services.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.08, from 0.97 in 2017Q3. It dived, as 26 investors sold ANSYS, Inc. shares while 182 reduced holdings. 73 funds opened positions while 113 raised stakes. 77.82 million shares or 1.78% less from 79.23 million shares in 2017Q3 were reported. Oakbrook Limited Liability Company accumulated 7,870 shares or 0.07% of the stock. Raymond James Associates invested 0.01% in ANSYS, Inc. (NASDAQ:ANSS). Mitsubishi Ufj Tru, a Japan-based fund reported 192,883 shares. Gateway Inv Advisers Ltd Liability Corp accumulated 94,814 shares. M&T National Bank & Trust Corp invested 0.01% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS). 3,715 were reported by Hanseatic Inc. Qs Invsts Ltd Liability Com has 0% invested in ANSYS, Inc. (NASDAQ:ANSS). Fmr Limited Co has 6.17 million shares. 59,764 were accumulated by Carnegie Cap Asset Mgmt Ltd Company. Guardian Life Insur Com Of America holds 0.01% or 274 shares in its portfolio. Quantitative Invest Mngmt Limited Liability Corporation accumulated 0.12% or 53,100 shares. State Treasurer State Of Michigan invested 0.03% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS). Daiwa Grp Inc has 2,396 shares. Security Natl Trust holds 150 shares. Hsbc Public Ltd Limited Liability Company owns 178,149 shares.

The stock decreased 0.66% or $1.1 during the last trading session, reaching $164.38. About 47,401 shares traded. ANSYS, Inc. (NASDAQ:ANSS) has risen 48.65% since May 16, 2017 and is uptrending. It has outperformed by 37.10% the S&P500.

More notable recent ANSYS, Inc. (NASDAQ:ANSS) news were published by: Seekingalpha.com which released: “ANSYS, Inc. 2018 Q1 – Results – Earnings Call Slides” on May 03, 2018, also Prnewswire.com with their article: “ANSYS 19.1 Delivers the First Comprehensive Solution for Simulation-Based Digital Twins” published on May 15, 2018, Nasdaq.com published: “ANSYS Announces Q1 2018 Financial Results: a Strong Start Reflecting Record First Quarter Revenue, EPS and …” on May 02, 2018. More interesting news about ANSYS, Inc. (NASDAQ:ANSS) were released by: Nasdaq.com and their article: “ANSYS to Release First Quarter 2018 Earnings Results After Market Close on May 2, 2018” published on April 17, 2018 as well as Streetinsider.com‘s news article titled: “ANSYS (ANSS) Acquires OPTIS” with publication date: May 02, 2018.

Investors sentiment decreased to 1.52 in 2017 Q4. Its down 0.27, from 1.79 in 2017Q3. It dived, as 6 investors sold TechTarget, Inc. shares while 19 reduced holdings. 15 funds opened positions while 23 raised stakes. 12.38 million shares or 0.51% more from 12.31 million shares in 2017Q3 were reported. Arrowstreet Capital Partnership has 0% invested in TechTarget, Inc. (NASDAQ:TTGT) for 131,790 shares. Bessemer Gp Inc owns 0% invested in TechTarget, Inc. (NASDAQ:TTGT) for 7,600 shares. Royal Retail Bank Of Canada holds 0% or 16 shares in its portfolio. Ameritas Partners has 0% invested in TechTarget, Inc. (NASDAQ:TTGT). 31,700 are owned by Schwab Charles Inv Mgmt. Martingale Asset Mngmt L P, a Massachusetts-based fund reported 11,200 shares. Stone Ridge Asset Mngmt Ltd Com holds 0.02% or 16,697 shares in its portfolio. Barclays Public Ltd Liability reported 12,912 shares stake. Tower Research Capital Ltd Co (Trc), a New York-based fund reported 3,889 shares. Moreover, Northern Trust Corporation has 0% invested in TechTarget, Inc. (NASDAQ:TTGT) for 225,690 shares. Dimensional Fund Advsrs L P has invested 0% in TechTarget, Inc. (NASDAQ:TTGT). State Street owns 306,276 shares. D E Shaw And Communications has 149,090 shares for 0% of their portfolio. Metropolitan Life Insurance Com Ny has invested 0% in TechTarget, Inc. (NASDAQ:TTGT). Blackrock holds 972,377 shares or 0% of its portfolio.

More news for TechTarget, Inc. (NASDAQ:TTGT) were recently published by: Seekingalpha.com, which released: “TechTarget’s (TTGT) CEO Mike Cotoia on Q1 2018 Results – Earnings Call Transcript” on May 14, 2018. Businesswire.com‘s article titled: “TechTarget’s SearchVirtualDesktop.com Announces “Best of Citrix Synergy” 2018 Award Winners” and published on May 10, 2018 is yet another important article.

Analysts await TechTarget, Inc. (NASDAQ:TTGT) to report earnings on August, 8. They expect $0.12 EPS, up 140.00% or $0.07 from last year’s $0.05 per share. TTGT’s profit will be $3.30 million for 49.81 P/E if the $0.12 EPS becomes a reality. After $0.07 actual EPS reported by TechTarget, Inc. for the previous quarter, Wall Street now forecasts 71.43% EPS growth.

Since December 11, 2017, it had 0 insider buys, and 27 sales for $11.04 million activity. On Thursday, February 1 the insider Beam Kevin sold $157,200. Strakosch Greg sold $527,750 worth of TechTarget, Inc. (NASDAQ:TTGT) on Monday, May 7. Nine Ten Partners LP sold $187,691 worth of TechTarget, Inc. (NASDAQ:TTGT) on Monday, January 22. Cotoia Michael sold 25,000 shares worth $484,500. Shares for $256,800 were sold by Hawk Don on Wednesday, February 21. The insider Noreck Daniel T sold 2,000 shares worth $38,840. $608,700 worth of stock was sold by MARINO ROGER M on Tuesday, May 1.

Among 5 analysts covering TechTarget (NASDAQ:TTGT), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. TechTarget had 17 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained TechTarget, Inc. (NASDAQ:TTGT) on Thursday, August 3 with “Buy” rating. The rating was upgraded by TheStreet on Friday, August 7 to “Hold”. The rating was downgraded by Jefferies to “Hold” on Thursday, August 17. Sidoti initiated TechTarget, Inc. (NASDAQ:TTGT) on Wednesday, July 20 with “Buy” rating. The firm has “Hold” rating by Craig Hallum given on Wednesday, August 10. Jefferies maintained the shares of TTGT in report on Wednesday, February 7 with “Hold” rating. The firm has “Buy” rating given on Wednesday, February 15 by Lake Street. The firm has “Buy” rating by Needham given on Friday, January 12. Lake Street maintained the stock with “Buy” rating in Thursday, November 10 report. The firm has “Buy” rating given on Wednesday, June 21 by Jefferies.

TechTarget, Inc. (NASDAQ:TTGT) Institutional Positions Chart

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