Autodesk, Inc. (NASDAQ:ADSK) CAO Stephen W. Hope sold 856 shares of the business’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $152.25, for a total transaction of $130,326.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Stephen W. Hope also recently made the following trade(s):

  • On Monday, September 9th, Stephen W. Hope sold 263 shares of Autodesk stock. The stock was sold at an average price of $151.02, for a total transaction of $39,718.26.

Shares of NASDAQ:ADSK traded up $2.61 during mid-day trading on Thursday, reaching $153.72. 20,753 shares of the company’s stock were exchanged, compared to its average volume of 3,191,047. The firm has a market capitalization of $33.18 billion, a price-to-earnings ratio of 1,396.30, a PEG ratio of 2.68 and a beta of 1.84. The business’s fifty day moving average price is $147.90 and its 200-day moving average price is $161.39. Autodesk, Inc. has a twelve month low of $117.72 and a twelve month high of $178.95.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Tuesday, August 27th. The software company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.04). The business had revenue of $796.80 million for the quarter, compared to analyst estimates of $788.00 million. Autodesk had a negative return on equity of 59.32% and a net margin of 1.95%. Autodesk’s revenue for the quarter was up 30.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.19 EPS. Sell-side analysts anticipate that Autodesk, Inc. will post 1.51 EPS for the current fiscal year.

A number of analysts have weighed in on the stock. Stifel Nicolaus decreased their target price on shares of Autodesk from $185.00 to $160.00 and set a “buy” rating on the stock in a research note on Wednesday, August 28th. Zacks Investment Research cut shares of Autodesk from a “hold” rating to a “strong sell” rating and set a $169.00 target price on the stock. in a research note on Monday, June 3rd. Bank of America cut shares of Autodesk from a “neutral” rating to an “underperform” rating in a research note on Wednesday, August 28th. JPMorgan Chase & Co. decreased their target price on shares of Autodesk from $165.00 to $160.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 28th. Finally, BidaskClub upgraded shares of Autodesk from a “sell” rating to a “hold” rating in a report on Wednesday, August 28th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and fifteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $169.48.

Hedge funds have recently added to or reduced their stakes in the stock. Thor Advisors LLC acquired a new position in Autodesk in the first quarter valued at $38,000. Next Capital Management LLC lifted its holdings in Autodesk by 62.8% in the second quarter. Next Capital Management LLC now owns 280 shares of the software company’s stock valued at $46,000 after buying an additional 108 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its holdings in Autodesk by 543.5% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 296 shares of the software company’s stock valued at $50,000 after buying an additional 250 shares during the period. Shine Investment Advisory Services Inc. lifted its holdings in Autodesk by 91.8% in the second quarter. Shine Investment Advisory Services Inc. now owns 305 shares of the software company’s stock valued at $50,000 after buying an additional 146 shares during the period. Finally, Liberty Wealth Management LLC lifted its holdings in Autodesk by 31.9% in the second quarter. Liberty Wealth Management LLC now owns 314 shares of the software company’s stock valued at $51,000 after buying an additional 76 shares during the period. Institutional investors and hedge funds own 93.27% of the company’s stock.

Autodesk Company Profile

Autodesk, Inc operates as a design software and services company worldwide. The company offers AutoCAD, a professional design, drafting, detailing, and visualization software; AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; AutoCAD LT, a professional drafting and detailing software; BIM 360, a construction management cloud-based software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections software products for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment industries.

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

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