Autodesk, Inc. (NASDAQ:ADSK) Director Lorrie M. Norrington sold 6,005 shares of the stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $104.40, for a total value of $626,922.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Autodesk, Inc. (NASDAQ ADSK) opened at $104.83 on Friday. The stock has a market capitalization of $23,090.59, a price-to-earnings ratio of -40.79 and a beta of 1.91. Autodesk, Inc. has a twelve month low of $73.60 and a twelve month high of $131.10. The company has a debt-to-equity ratio of 14.78, a quick ratio of 1.07 and a current ratio of 1.07.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Tuesday, November 28th. The software company reported ($0.12) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.13) by $0.01. The company had revenue of $515.30 million during the quarter, compared to analysts’ expectations of $513.63 million. Autodesk had a negative return on equity of 93.60% and a negative net margin of 28.46%. The business’s revenue was up 5.2% on a year-over-year basis. During the same period last year, the business earned ($0.18) earnings per share. equities research analysts anticipate that Autodesk, Inc. will post -1.37 EPS for the current year.

Several equities research analysts have recently weighed in on the company. Oppenheimer assumed coverage on Autodesk in a research report on Friday. They issued an “outperform” rating and a $135.00 price objective for the company. BidaskClub cut Autodesk from a “buy” rating to a “hold” rating in a research report on Friday, December 22nd. CIBC began coverage on Autodesk in a research report on Friday, December 22nd. They issued an “outperform” rating and a $135.00 target price for the company. Evercore ISI set a $135.00 target price on Autodesk and gave the stock a “buy” rating in a research report on Wednesday, December 20th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $130.00 target price on shares of Autodesk in a research report on Wednesday, November 29th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-two have assigned a buy rating to the company. Autodesk currently has a consensus rating of “Buy” and an average target price of $132.77.

Several hedge funds and other institutional investors have recently modified their holdings of the business. Atlantic Trust Group LLC lifted its holdings in shares of Autodesk by 633.0% during the third quarter. Atlantic Trust Group LLC now owns 132,728 shares of the software company’s stock valued at $14,900,000 after acquiring an additional 114,621 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in shares of Autodesk by 9.5% during the third quarter. Parametric Portfolio Associates LLC now owns 641,526 shares of the software company’s stock valued at $72,018,000 after acquiring an additional 55,424 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in shares of Autodesk by 11.9% during the third quarter. Public Employees Retirement System of Ohio now owns 312,059 shares of the software company’s stock valued at $35,032,000 after acquiring an additional 33,091 shares during the period. IFM Investors Pty Ltd bought a new position in shares of Autodesk during the third quarter valued at $619,000. Finally, Insight Capital Research & Management Inc. lifted its holdings in shares of Autodesk by 96.5% during the third quarter. Insight Capital Research & Management Inc. now owns 23,925 shares of the software company’s stock valued at $2,686,000 after acquiring an additional 11,752 shares during the period. 95.34% of the stock is owned by institutional investors.

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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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