Aperio Group LLC increased its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 15.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,324 shares of the software company’s stock after buying an additional 15,162 shares during the period. Aperio Group LLC owned 0.05% of Autodesk worth $11,526,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Fox Run Management L.L.C. acquired a new stake in shares of Autodesk during the first quarter worth about $378,000. Bank of Montreal Can raised its stake in shares of Autodesk by 43.4% in the first quarter. Bank of Montreal Can now owns 103,597 shares of the software company’s stock worth $8,958,000 after buying an additional 31,331 shares during the last quarter. Gulf International Bank UK Ltd raised its stake in shares of Autodesk by 1.3% in the first quarter. Gulf International Bank UK Ltd now owns 64,110 shares of the software company’s stock worth $5,543,000 after buying an additional 800 shares during the last quarter. Creative Planning raised its stake in shares of Autodesk by 18.8% in the first quarter. Creative Planning now owns 6,108 shares of the software company’s stock worth $528,000 after buying an additional 968 shares during the last quarter. Finally, Chevy Chase Trust Holdings Inc. raised its stake in shares of Autodesk by 3.2% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 168,834 shares of the software company’s stock worth $14,599,000 after buying an additional 5,180 shares during the last quarter. 97.39% of the stock is currently owned by institutional investors and hedge funds.

Shares of Autodesk, Inc. (NASDAQ:ADSK) opened at 109.75 on Monday. Autodesk, Inc. has a one year low of $56.80 and a one year high of $114.68. The stock’s market capitalization is $24.19 billion. The company’s 50 day moving average price is $106.50 and its 200 day moving average price is $92.72.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Thursday, May 18th. The software company reported ($0.16) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.08. Autodesk had a negative return on equity of 36.65% and a negative net margin of 26.99%. The company had revenue of $485.70 million during the quarter, compared to analysts’ expectations of $470.27 million. During the same quarter in the previous year, the firm earned ($0.10) earnings per share. The business’s quarterly revenue was down 5.1% compared to the same quarter last year. On average, equities analysts expect that Autodesk, Inc. will post ($0.57) earnings per share for the current year.

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A number of analysts have issued reports on ADSK shares. Evercore ISI reissued an “outperform” rating and issued a $115.00 price target on shares of Autodesk in a research note on Wednesday, June 21st. BidaskClub lowered Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 4th. ValuEngine raised Autodesk from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Pacific Crest reissued an “overweight” rating and issued a $105.00 price target on shares of Autodesk in a research note on Monday, May 8th. Finally, Cowen and Company reissued an “outperform” rating and issued a $105.00 price target (up from $95.00) on shares of Autodesk in a research note on Wednesday, May 17th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $104.50.

In other Autodesk news, Director Carl Bass sold 42,297 shares of the business’s stock in a transaction dated Friday, June 30th. The stock was sold at an average price of $101.72, for a total value of $4,302,450.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Betsy Rafael sold 2,354 shares of the business’s stock in a transaction dated Tuesday, June 27th. The stock was sold at an average price of $106.24, for a total value of $250,088.96. The disclosure for this sale can be found here. Insiders sold 170,570 shares of company stock valued at $17,865,037 in the last ninety days. Insiders own 6.10% of the company’s stock.

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).

Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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