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Baron Funds Comments on ANSYS Inc.

December 06, 2012 | About:

ANSYS, Inc. (NASDAQ:ANSS) is the market leader in simulation-driven product development software. Shares rose 16.3% in the quarter, as the company's earnings report demonstrated accelerating growth in revenues and new bookings signed. The company also repurchased its shares for the first time in several years, an indication, we believe, of management's belief that its shares were notably undervalued.

From Baron Funds’ third quarter commentary.


Rating: 2.4/5 (5 votes)

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GuruFocus has detected 1 Warning Sign with Ansys Inc $ANSS.
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