ANSYS Shares Soar 5.45% on Acquisition Hopes

ANSYS (ANSS) shares rose 0.02% today, marking the eighth consecutive day of gains, with an 5.45% increase over the past eight days. The share price reached its highest level since January 2025, with an intraday gain of 0.61%.

The strategy of buying ANSS shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -1.5%, significantly underperforming the market. This indicates that relying on recent highs as a buying trigger and holding for a short duration is not a reliable strategy for ANSS.

ANSYS's recent stock performance has been significantly influenced by acquisition hopes. Over the past week, the company's shares have seen a 5.43% increase, driven by investor optimism surrounding potential acquisition activities. This positive sentiment has been a key factor in the stock's upward trajectory.

The ongoing acquisition process of ANSYS by Synopsys, valued at $35 billion, is at an advanced stage but is currently pending regulatory approval in China. This development has sparked market expectations and contributed to the stock's movement. The acquisition, if approved, could have a substantial impact on ANSYS's future prospects and market position.

On June 30, 2025, Synopsys and ANSYS provided an update on the expected timing of the acquisition close. This update has likely fueled investor interest and further influenced the stock's performance. The anticipation of the acquisition's completion has kept investors engaged and optimistic about the company's future.