Public Employees Retirement Association of Colorado boosted its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 3.5% in the 4th quarter, Holdings Channel reports. The firm owned 39,089 shares of the software company’s stock after buying an additional 1,324 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Autodesk were worth $4,098,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in ADSK. Cerebellum GP LLC purchased a new stake in shares of Autodesk in the 4th quarter valued at approximately $116,000. Cable Hill Partners LLC lifted its position in shares of Autodesk by 276.7% in the 3rd quarter. Cable Hill Partners LLC now owns 1,292 shares of the software company’s stock valued at $145,000 after acquiring an additional 949 shares in the last quarter. Exane Derivatives purchased a new stake in shares of Autodesk in the 4th quarter valued at approximately $199,000. Cedar Capital LLC purchased a new stake in shares of Autodesk in the 3rd quarter valued at approximately $207,000. Finally, Wedbush Securities Inc. purchased a new stake in shares of Autodesk in the 3rd quarter valued at approximately $216,000. 95.44% of the stock is owned by institutional investors and hedge funds.

In other news, CFO Richard Scott Herren sold 5,738 shares of the stock in a transaction on Friday, November 24th. The shares were sold at an average price of $128.14, for a total transaction of $735,267.32. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Crawford W. Beveridge sold 1,500 shares of the stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $106.29, for a total transaction of $159,435.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,248 shares of company stock worth $2,148,546. 6.10% of the stock is currently owned by company insiders.

Several equities research analysts recently commented on ADSK shares. Evercore ISI set a $135.00 price target on shares of Autodesk and gave the company a “buy” rating in a research report on Wednesday, October 18th. KeyCorp restated a “buy” rating and issued a $128.00 price target on shares of Autodesk in a research report on Friday, November 10th. Guggenheim upgraded shares of Autodesk from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company in a research report on Monday, November 13th. Royal Bank of Canada restated a “buy” rating on shares of Autodesk in a research report on Wednesday, November 15th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $140.00 price objective (up previously from $125.00) on shares of Autodesk in a research note on Thursday, November 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the stock. Autodesk currently has an average rating of “Buy” and a consensus price target of $132.68.

Autodesk, Inc. (NASDAQ ADSK) opened at $105.94 on Friday. Autodesk, Inc. has a 12 month low of $81.75 and a 12 month high of $131.10. The firm has a market cap of $23,335.09, a P/E ratio of -41.22, a price-to-earnings-growth ratio of 14.30 and a beta of 1.91. The company has a debt-to-equity ratio of 14.78, a current ratio of 1.07 and a quick ratio of 1.07.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Tuesday, November 28th. The software company reported ($0.12) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.01. Autodesk had a negative net margin of 28.46% and a negative return on equity of 93.60%. The company had revenue of $515.30 million for the quarter, compared to analyst estimates of $513.63 million. During the same quarter in the prior year, the business posted ($0.18) EPS. Autodesk’s quarterly revenue was up 5.2% on a year-over-year basis. equities research analysts expect that Autodesk, Inc. will post -1.36 earnings per share for the current year.

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Autodesk Company 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).

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Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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