Autodesk, Inc. (NASDAQ:ADSK) Director Crawford W. Beveridge sold 1,500 shares of the stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $106.29, for a total value of $159,435.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Autodesk, Inc. (NASDAQ ADSK) traded down $2.45 during trading hours on Friday, hitting $107.16. The stock had a trading volume of 3,124,160 shares, compared to its average volume of 2,136,450. Autodesk, Inc. has a 1-year low of $73.60 and a 1-year high of $131.10. The company has a debt-to-equity ratio of 14.78, a current ratio of 1.07 and a quick ratio of 1.22.

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

Hedge funds have recently modified their holdings of the stock. Andra AP fonden lifted its stake in shares of Autodesk by 6.4% during the 2nd quarter. Andra AP fonden now owns 25,100 shares of the software company’s stock worth $2,531,000 after acquiring an additional 1,500 shares during the last quarter. Eagle Asset Management Inc. lifted its stake in shares of Autodesk by 5.0% during the 2nd quarter. Eagle Asset Management Inc. now owns 349,499 shares of the software company’s stock worth $35,236,000 after acquiring an additional 16,629 shares during the last quarter. Advisor Group Inc. lifted its stake in shares of Autodesk by 17.7% during the 2nd quarter. Advisor Group Inc. now owns 6,584 shares of the software company’s stock worth $664,000 after acquiring an additional 989 shares during the last quarter. Lucha Capital Management LP bought a new stake in shares of Autodesk during the 2nd quarter worth approximately $8,425,000. Finally, Pacad Investment Ltd. bought a new stake in shares of Autodesk during the 2nd quarter worth approximately $2,168,000. 95.85% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on ADSK shares. BidaskClub lowered Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 11th. Sanford C. Bernstein reissued an “outperform” rating and set a $138.00 price target (up from $137.00) on shares of Autodesk in a research note on Friday, August 11th. Robert W. Baird increased their price target on Autodesk from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, August 16th. Barclays increased their price target on Autodesk from $114.00 to $120.00 and gave the company an “overweight” rating in a research note on Friday, August 18th. Finally, Cowen reissued a “buy” rating and set a $115.00 price target on shares of Autodesk in a research note on Friday, August 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $130.10.

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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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