Autodesk, Inc. (NASDAQ:ADSK) SVP Steven M. Blum sold 9,128 shares of the firm’s stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of $112.26, for a total value of $1,024,709.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Autodesk, Inc. (ADSK) traded down 1.75% on Monday, reaching $109.82. The company had a trading volume of 1,689,491 shares. The firm has a 50-day moving average of $111.53 and a 200-day moving average of $101.45. Autodesk, Inc. has a 12 month low of $67.15 and a 12 month high of $119.73. The stock’s market capitalization is $24.07 billion.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Thursday, August 24th. The software company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.05. Autodesk had a negative return on equity of 140.26% and a negative net margin of 28.70%. The firm had revenue of $501.80 million during the quarter, compared to the consensus estimate of $493.98 million. During the same period in the prior year, the firm earned $0.05 EPS. The firm’s quarterly revenue was down 8.9% compared to the same quarter last year. On average, equities research analysts expect that Autodesk, Inc. will post ($0.54) earnings per share for the current fiscal year.

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A number of brokerages have issued reports on ADSK. Sanford C. Bernstein reiterated an “outperform” rating and set a $138.00 price target (up previously from $137.00) on shares of Autodesk in a research report on Friday, August 11th. Evercore ISI reiterated a “buy” rating and set a $135.00 price target on shares of Autodesk in a research report on Wednesday, September 20th. BidaskClub downgraded Autodesk from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 11th. Cowen and Company reiterated a “buy” rating and set a $115.00 price target on shares of Autodesk in a research report on Friday, August 18th. Finally, Barclays PLC increased their price target on Autodesk from $114.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday, August 18th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Autodesk presently has a consensus rating of “Buy” and a consensus price target of $116.35.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC grew its stake in shares of Autodesk by 0.3% during the second quarter. Brighton Jones LLC now owns 5,736 shares of the software company’s stock valued at $578,000 after acquiring an additional 17 shares in the last quarter. Tdam USA Inc. grew its stake in shares of Autodesk by 0.3% during the second quarter. Tdam USA Inc. now owns 7,695 shares of the software company’s stock valued at $780,000 after acquiring an additional 20 shares in the last quarter. Cleararc Capital Inc. grew its stake in shares of Autodesk by 0.4% during the first quarter. Cleararc Capital Inc. now owns 4,796 shares of the software company’s stock valued at $415,000 after acquiring an additional 21 shares in the last quarter. Ameritas Investment Partners Inc. grew its stake in shares of Autodesk by 0.5% during the second quarter. Ameritas Investment Partners Inc. now owns 8,511 shares of the software company’s stock valued at $858,000 after acquiring an additional 42 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of Autodesk by 4.2% during the second quarter. Parallel Advisors LLC now owns 1,093 shares of the software company’s stock valued at $121,000 after acquiring an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 94.77% 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).

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

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