OxFORD Asset Management LLP lowered its position in Autodesk, Inc. (NASDAQ:ADSK) by 59.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,741 shares of the software company’s stock after selling 17,165 shares during the quarter. OxFORD Asset Management LLP’s holdings in Autodesk were worth $1,184,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in ADSK. Sustainable Growth Advisers LP acquired a new stake in shares of Autodesk in the second quarter valued at approximately $208,956,000. Renaissance Technologies LLC acquired a new stake in shares of Autodesk in the second quarter valued at approximately $140,338,000. Neuberger Berman Group LLC increased its stake in shares of Autodesk by 979.0% in the second quarter. Neuberger Berman Group LLC now owns 978,964 shares of the software company’s stock valued at $98,699,000 after purchasing an additional 888,233 shares during the period. BlackRock Inc. increased its stake in shares of 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 purchasing an additional 735,647 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in shares of Autodesk by 1,298.7% in the second quarter. Russell Investments Group Ltd. now owns 662,375 shares of the software company’s stock valued at $66,814,000 after purchasing an additional 615,018 shares during the period. Institutional investors own 94.78% of the company’s stock.

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ADSK has been the topic of several analyst reports. BidaskClub lowered shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 11th. Evercore ISI set a $115.00 price objective on shares of Autodesk and gave the company a “buy” rating in a research note on Wednesday, July 19th. Deutsche Bank AG started coverage on shares of Autodesk in a research note on Wednesday, July 19th. They set a “buy” rating and a $130.00 price objective on the stock. Canaccord Genuity reiterated a “buy” rating and set a $120.00 price objective on shares of Autodesk in a research note on Wednesday, June 21st. Finally, Cowen and Company reiterated a “buy” rating and set a $115.00 price objective on shares of Autodesk in a research note on Friday, August 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $118.26.

In related news, Director Crawford W. Beveridge sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $112.82, for a total transaction of $169,230.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Fronzo Pascal W. Di sold 580 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $110.91, for a total transaction of $64,327.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 60,212 shares of company stock valued at $6,742,238. Corporate insiders own 6.10% of the company’s stock.

Autodesk, Inc. (NASDAQ:ADSK) opened at 118.99 on Friday. The company has a 50-day moving average of $113.99 and a 200-day moving average of $104.71. Autodesk, Inc. has a 1-year low of $67.15 and a 1-year high of $119.84. The firm’s market cap is $26.08 billion.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Thursday, August 24th. The software company reported ($0.11) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.16) by $0.05. The firm had revenue of $501.80 million during the quarter, compared to analysts’ expectations of $493.98 million. Autodesk had a negative net margin of 30.01% and a negative return on equity of 60.14%. The business’s revenue for the quarter was down 8.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.05 earnings per share. Analysts predict that Autodesk, Inc. will post ($0.54) earnings per share for the current year.

Autodesk Profile

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).

Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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