Autodesk, Inc. (NASDAQ:ADSK) Holdings Lifted by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 1.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 216,241 shares of the software company’s stock after buying an additional 3,295 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned 0.10% of Autodesk worth $63,914,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in Autodesk during the fourth quarter valued at about $25,000. Transcendent Capital Group LLC purchased a new stake in shares of Autodesk during the third quarter valued at $28,000. Tradewinds Capital Management LLC lifted its holdings in shares of Autodesk by 100.0% during the fourth quarter. Tradewinds Capital Management LLC now owns 100 shares of the software company’s stock valued at $30,000 after purchasing an additional 50 shares during the last quarter. Addison Advisors LLC lifted its holdings in shares of Autodesk by 157.4% during the fourth quarter. Addison Advisors LLC now owns 121 shares of the software company’s stock valued at $36,000 after purchasing an additional 74 shares during the last quarter. Finally, Central Pacific Bank Trust Division purchased a new stake in shares of Autodesk during the fourth quarter valued at $37,000. Institutional investors own 90.24% of the company’s stock.

Autodesk Stock Down 0.2 %

ADSK opened at $259.75 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market capitalization of $55.85 billion, a PE ratio of 51.54, a price-to-earnings-growth ratio of 2.94 and a beta of 1.51. The business has a 50-day moving average of $293.21 and a 200-day moving average of $287.95. Autodesk, Inc. has a fifty-two week low of $195.32 and a fifty-two week high of $326.62.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ADSK shares. Rosenblatt Securities reaffirmed a “buy” rating and set a $325.00 target price on shares of Autodesk in a report on Tuesday, February 25th. Mizuho raised Autodesk from a “neutral” rating to an “outperform” rating and upped their target price for the company from $280.00 to $400.00 in a report on Tuesday, January 28th. BMO Capital Markets increased their price objective on Autodesk from $287.00 to $308.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 27th. Barclays increased their price objective on Autodesk from $355.00 to $365.00 and gave the stock an “overweight” rating in a research note on Friday, February 28th. Finally, Citigroup reduced their price objective on Autodesk from $361.00 to $339.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. Seven analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Autodesk has an average rating of “Moderate Buy” and an average target price of $338.43.

Autodesk Company Profile

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.