Autodesk, Inc. (NASDAQ:ADSK) SVP Fronzo Pascal W. Di sold 580 shares of Autodesk stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $110.91, for a total value of $64,327.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of Autodesk, Inc. (NASDAQ ADSK) traded up 2.15% on Thursday, reaching $116.50. The company had a trading volume of 1,081,271 shares. The firm’s market capitalization is $25.54 billion. The stock’s 50 day moving average is $112.64 and its 200 day moving average is $103.46. Autodesk, Inc. has a 52 week low of $67.15 and a 52 week high of $119.73.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Thursday, August 24th. The software company reported ($0.11) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.05. Autodesk had a negative net margin of 30.01% and a negative return on equity of 60.14%. The firm had revenue of $501.80 million during the quarter, compared to analysts’ expectations of $493.98 million. During the same quarter last year, the company posted $0.05 earnings per share. The firm’s revenue was down 8.9% compared to the same quarter last year. On average, equities analysts anticipate that Autodesk, Inc. will post ($0.54) EPS for the current year.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC increased its holdings in Autodesk by 13.9% in the first quarter. FMR LLC now owns 30,271,360 shares of the software company’s stock valued at $2,617,565,000 after buying an additional 3,698,259 shares in the last quarter. Vanguard Group Inc. increased its holdings in Autodesk by 2.3% in the second quarter. Vanguard Group Inc. now owns 20,418,023 shares of the software company’s stock valued at $2,058,545,000 after buying an additional 466,724 shares in the last quarter. BlackRock Inc. increased its holdings in Autodesk by 4.8% in the second quarter. BlackRock Inc. now owns 15,996,693 shares of the software company’s stock valued at $1,612,787,000 after buying an additional 735,647 shares in the last quarter. Loomis Sayles & Co. L P increased its holdings in Autodesk by 2.8% in the first quarter. Loomis Sayles & Co. L P now owns 9,615,501 shares of the software company’s stock valued at $831,453,000 after buying an additional 262,238 shares in the last quarter. Finally, State Street Corp increased its holdings in Autodesk by 0.5% in the first quarter. State Street Corp now owns 7,978,179 shares of the software company’s stock valued at $689,876,000 after buying an additional 37,455 shares in the last quarter. 94.79% of the stock is owned by institutional investors.

A number of research firms have weighed in on ADSK. Robert W. Baird set a $125.00 price target on Autodesk and gave the company a “buy” rating in a research report on Sunday. Evercore ISI restated a “buy” rating and set a $135.00 price target on shares of Autodesk in a research report on Wednesday, September 20th. Cowen and Company raised their price target on Autodesk from $115.00 to $128.00 and gave the company an “outperform” rating in a research report on Friday, August 25th. Barclays PLC restated an “overweight” rating and set a $125.00 price target (up previously from $120.00) on shares of Autodesk in a research report on Friday, August 25th. Finally, Wedbush restated an “outperform” rating and set a $128.00 price target (up previously from $125.00) on shares of Autodesk in a research report on Friday, August 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $118.26.

About Autodesk

Autodesk, Inc is a design software and services company, offering customers productive business solutions through technology products and services. The Company’s segments include Architecture, Engineering and Construction (AEC), Platform Solutions and Emerging Business (PSEB), Manufacturing (MFG), and Media and Entertainment (M&E).

Insider Buying and Selling by Quarter for Autodesk (NASDAQ:ADSK)

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