State Board of Administration of Florida Retirement System minimize its place in Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 4.7% throughout the 2nd quarter, HoldingsChannel stories. The agency owned 228,126 shares of the software program firm’s inventory after promoting 11,325 shares throughout the quarter. State Board of Administration of Florida Retirement System’s holdings in Autodesk had been value $46,677,000 on the finish of the latest quarter.
Plenty of different hedge funds and different institutional traders additionally not too long ago made modifications to their positions within the firm. The Producers Life Insurance coverage Firm grew its stake in Autodesk by 9.3% within the second quarter. The Producers Life Insurance coverage Firm now owns 590,862 shares of the software program firm’s inventory valued at $120,896,000 after buying an extra 50,429 shares throughout the interval. Hsbc Holdings PLC grew its place in shares of Autodesk by 32.3% within the 2nd quarter. Hsbc Holdings PLC now owns 501,456 shares of the software program firm’s inventory valued at $102,639,000 after buying an extra 122,401 shares throughout the interval. Martin Currie Ltd. elevated its stake in Autodesk by 0.3% throughout the 2nd quarter. Martin Currie Ltd. now owns 315,010 shares of the software program firm’s inventory value $64,454,000 after buying an extra 1,000 shares within the final quarter. Huntington Nationwide Financial institution raised its holdings in Autodesk by 7.4% throughout the 2nd quarter. Huntington Nationwide Financial institution now owns 7,597 shares of the software program firm’s inventory value $1,554,000 after shopping for an extra 526 shares throughout the interval. Lastly, O Shaughnessy Asset Administration LLC lifted its stake in Autodesk by 7.1% within the second quarter. O Shaughnessy Asset Administration LLC now owns 5,085 shares of the software program firm’s inventory valued at $1,040,000 after shopping for an extra 335 shares within the final quarter. 87.92% of the inventory is owned by institutional traders.
Autodesk Inventory Efficiency
Shares of ADSK inventory opened at $203.42 on Friday. Autodesk, Inc. has a 52 week low of $179.61 and a 52 week excessive of $232.15. The corporate has a market capitalization of $43.48 billion, a price-to-earnings ratio of 47.86, a PEG ratio of two.75 and a beta of 1.46. The corporate has a 50-day easy transferring common of $206.94 and a 200 day easy transferring common of $207.49. The corporate has a debt-to-equity ratio of 1.54, a fast ratio of 0.73 and a present ratio of 0.75.
Autodesk (NASDAQ:ADSK – Get Free Report) final issued its quarterly earnings information on Tuesday, November twenty first. The software program firm reported $2.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.08. Autodesk had a web margin of 17.15% and a return on fairness of 84.81%. The agency had income of $1.41 billion throughout the quarter, in comparison with the consensus estimate of $1.39 billion. Throughout the identical interval final yr, the enterprise posted $1.03 earnings per share. The enterprise’s income for the quarter was up 10.5% in comparison with the identical quarter final yr. On common, sell-side analysts predict that Autodesk, Inc. will publish 4.68 earnings per share for the present yr.
Insider Shopping for and Promoting at Autodesk
In different information, CEO Andrew Anagnost offered 22,318 shares of Autodesk inventory in a transaction on Friday, September 1st. The inventory was offered at a mean worth of $221.90, for a complete transaction of $4,952,364.20. Following the completion of the sale, the chief government officer now owns 99,327 shares of the corporate’s inventory, valued at $22,040,661.30. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which could be accessed by means of this hyperlink. In different Autodesk information, CEO Andrew Anagnost offered 22,318 shares of the inventory in a transaction that occurred on Friday, September 1st. The shares had been offered at a mean worth of $221.90, for a complete transaction of $4,952,364.20. Following the transaction, the chief government officer now owns 99,327 shares within the firm, valued at roughly $22,040,661.30. The sale was disclosed in a doc filed with the SEC, which is accessible by means of the SEC web site. Additionally, Director Mary T. Mcdowell offered 4,656 shares of Autodesk inventory in a transaction that occurred on Thursday, August thirty first. The shares had been offered at a mean worth of $222.04, for a complete transaction of $1,033,818.24. Following the completion of the sale, the director now owns 42,916 shares of the corporate’s inventory, valued at $9,529,068.64. The disclosure for this sale could be discovered right here. Insiders have offered a complete of 29,917 shares of firm inventory valued at $6,599,720 within the final ninety days. 0.14% of the inventory is presently owned by company insiders.
Analysts Set New Worth Targets
Plenty of equities analysis analysts not too long ago commented on ADSK shares. Robert W. Baird raised their worth goal on shares of Autodesk from $230.00 to $239.00 and gave the inventory an “outperform” score in a report on Monday, August 14th. Barclays upped their worth goal on Autodesk from $225.00 to $233.00 and gave the inventory an “obese” score in a analysis report on Thursday, August twenty fourth. Morgan Stanley dropped their goal worth on Autodesk from $245.00 to $235.00 and set an “equal weight” score on the inventory in a analysis report on Wednesday. Citigroup reaffirmed a “purchase” score and set a $261.00 worth goal (down beforehand from $277.00) on shares of Autodesk in a analysis report on Thursday, August twenty fourth. Lastly, Berenberg Financial institution lowered their worth goal on shares of Autodesk from $230.00 to $228.00 and set a “purchase” score on the inventory in a report on Thursday, August twenty fourth. Eight analysis analysts have rated the inventory with a maintain score and fourteen have given a purchase score to the inventory. Based mostly on information from MarketBeat, the corporate presently has a consensus score of “Reasonable Purchase” and a mean goal worth of $234.21.
Learn Our Newest Analysis Report on ADSK
Autodesk Profile
(Free Report)
Autodesk, Inc offers 3D design, engineering, and leisure know-how options worldwide. The corporate affords AutoCAD Civil 3D, a surveying, design, evaluation, and documentation answer for civil engineering, together with land improvement, transportation, and environmental initiatives; BuildingConnected, a SaaS preconstruction answer; AutoCAD, a software program for skilled design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software program; computer-aided manufacturing (CAM) software program for pc numeric management machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering instrument; and Trade Collections instruments for professionals in structure, engineering and building, product design and manufacturing, and media and leisure assortment industries.
Beneficial Tales
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