Autodesk, Inc. (NASDAQ:ADSK) Shares Sold by Investment House LLC

Investment House LLC lessened its stake in Autodesk, Inc. (NASDAQ:ADSK) by 0.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 63,030 shares of the software company’s stock after selling 395 shares during the quarter. Autodesk makes up about 1.0% of Investment House LLC’s portfolio, making the stock its 26th biggest holding. Investment House LLC’s holdings in Autodesk were worth $18,630,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new stake in Autodesk in the 4th quarter worth $25,000. Tradewinds Capital Management LLC increased its holdings in Autodesk by 100.0% in the 4th quarter. Tradewinds Capital Management LLC now owns 100 shares of the software company’s stock worth $30,000 after acquiring an additional 50 shares in the last quarter. Addison Advisors LLC increased its holdings in Autodesk by 157.4% in the 4th quarter. Addison Advisors LLC now owns 121 shares of the software company’s stock worth $36,000 after acquiring an additional 74 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in Autodesk in the 4th quarter worth $37,000. Finally, Sierra Ocean LLC purchased a new stake in Autodesk in the 4th quarter worth $39,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ADSK. DA Davidson boosted their price target on shares of Autodesk from $275.00 to $285.00 and gave the stock a “neutral” rating in a report on Friday, February 28th. Robert W. Baird dropped their target price on shares of Autodesk from $345.00 to $336.00 and set an “outperform” rating for the company in a report on Friday, February 28th. HSBC lowered shares of Autodesk from a “buy” rating to a “hold” rating and set a $290.00 target price for the company. in a report on Friday, November 29th. Mizuho raised shares of Autodesk from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $280.00 to $400.00 in a report on Tuesday, January 28th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $325.00 target price on shares of Autodesk in a report on Tuesday, February 25th. Seven equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Autodesk presently has an average rating of “Moderate Buy” and a consensus target price of $336.29.

Autodesk Stock Down 0.3 %

Shares of ADSK opened at $259.95 on Wednesday. The stock has a market capitalization of $55.37 billion, a PE ratio of 51.58, a P/E/G ratio of 2.94 and a beta of 1.51. Autodesk, Inc. has a 1 year low of $195.32 and a 1 year high of $326.62. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.65 and a current ratio of 0.65. The company’s 50-day simple moving average is $287.48 and its 200-day simple moving average is $287.83.

About Autodesk

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.