IFP Advisors Inc increased its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 9.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,699 shares of the software company’s stock after buying an additional 145 shares during the period. IFP Advisors Inc’s holdings in Autodesk were worth $171,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its stake in shares of Autodesk by 4.4% in the first quarter. Janney Montgomery Scott LLC now owns 35,936 shares of the software company’s stock valued at $3,107,000 after buying an additional 1,525 shares during the last quarter. Glen Harbor Capital Management LLC boosted its stake in shares of Autodesk by 0.7% in the first quarter. Glen Harbor Capital Management LLC now owns 9,486 shares of the software company’s stock valued at $820,000 after buying an additional 68 shares during the last quarter. NBT Bank N A NY acquired a new stake in shares of Autodesk during the first quarter valued at approximately $210,000. Profund Advisors LLC boosted its stake in shares of Autodesk by 6.6% in the first quarter. Profund Advisors LLC now owns 17,111 shares of the software company’s stock valued at $1,480,000 after buying an additional 1,060 shares during the last quarter. Finally, IFC Holdings Incorporated FL acquired a new stake in shares of Autodesk during the first quarter valued at approximately $256,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

Autodesk, Inc. (NASDAQ:ADSK) opened at 111.01 on Wednesday. Autodesk, Inc. has a 1-year low of $62.96 and a 1-year high of $115.25. The firm’s market cap is $24.47 billion. The firm has a 50-day moving average price of $108.12 and a 200 day moving average price of $97.38.

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Several analysts have recently commented on the company. Royal Bank Of Canada increased their target price on Autodesk from $87.00 to $95.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 17th. Zacks Investment Research cut Autodesk from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Wedbush restated an “outperform” rating and set a $125.00 target price (up previously from $120.00) on shares of Autodesk in a report on Friday, May 19th. Evercore ISI restated a “buy” rating and set a $115.00 target price on shares of Autodesk in a report on Friday, May 19th. Finally, Canaccord Genuity restated a “buy” rating and set a $120.00 target price on shares of Autodesk in a report on Wednesday, June 21st. Two research analysts have rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $105.85.

In other Autodesk news, Director Carl Bass sold 13,377 shares of the company’s stock in a transaction dated Wednesday, July 5th. The stock was sold at an average price of $99.95, for a total value of $1,337,031.15. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Steven M. Blum sold 6,638 shares of the company’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $112.71, for a total value of $748,168.98. The disclosure for this sale can be found here. Insiders sold a total of 167,705 shares of company stock worth $17,590,771 in the last quarter. Corporate insiders own 6.10% of the company’s stock.

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).

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Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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