HBK Investments L P increased its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 266,800 shares of the software company’s stock after buying an additional 17,100 shares during the quarter. HBK Investments L P owned 0.12% of Autodesk worth $27,969,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Cerebellum GP LLC purchased a new position in shares of Autodesk in the fourth quarter worth approximately $116,000. Exane Derivatives purchased a new position in shares of Autodesk in the fourth quarter worth approximately $199,000. Virtue Capital Management LLC purchased a new position in shares of Autodesk in the fourth quarter worth approximately $201,000. Cedar Capital LLC purchased a new position in shares of Autodesk in the third quarter worth approximately $207,000. Finally, Chilton Investment Co. LLC purchased a new position in shares of Autodesk in the fourth quarter worth approximately $210,000. 95.18% of the stock is currently owned by institutional investors.
In other news, Director Lorrie M. Norrington sold 6,005 shares of Autodesk stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $104.40, for a total transaction of $626,922.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Crawford W. Beveridge sold 1,500 shares of Autodesk stock in a transaction that occurred on Wednesday, March 7th. The shares were sold at an average price of $133.11, for a total transaction of $199,665.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,510 shares of company stock worth $1,453,509. Company insiders own 6.10% of the company’s stock.
Shares of Autodesk, Inc. (ADSK) opened at $139.36 on Monday. The company has a debt-to-equity ratio of -6.20, a quick ratio of 1.07 and a current ratio of 0.88. Autodesk, Inc. has a 1 year low of $82.70 and a 1 year high of $140.00.
Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Tuesday, March 6th. The software company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.02. The firm had revenue of $554.00 million for the quarter, compared to analysts’ expectations of $544.74 million. Autodesk had a negative net margin of 27.57% and a negative return on equity of 206.64%. The company’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter last year, the business posted ($0.28) earnings per share. equities research analysts forecast that Autodesk, Inc. will post 0.06 earnings per share for the current year.
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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