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flag ANSYS's stock takes a hit as major investors sell off shares, earnings miss estimates.

flag Hills Bank & Trust Co. and Sumitomo Mitsui Trust Group Inc. have both reduced their stakes in ANSYS, Inc. in the first quarter, selling shares and lowering their holdings by 0.6% and 2.2% respectively. flag ANSYS reported earnings per share of $1.64 for the quarter, missing estimates by $0.11. flag The company's stock has a market cap of $30.52 billion. flag Wall Street Zen recently lowered their rating on ANSYS from "buy" to "hold."

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