Earnest Partners LLC lessened its position in Autodesk, Inc. (NASDAQ:ADSK) by 11.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 596,160 shares of the software company’s stock after selling 78,034 shares during the period. Earnest Partners LLC owned about 0.27% of Autodesk worth $66,925,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of ADSK. Candriam Luxembourg S.C.A. boosted its stake in shares of Autodesk by 8.3% in the 2nd quarter. Candriam Luxembourg S.C.A. now owns 13,348 shares of the software company’s stock valued at $1,346,000 after purchasing an additional 1,020 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of Autodesk by 9.3% in the 2nd quarter. IFP Advisors Inc now owns 1,699 shares of the software company’s stock valued at $171,000 after purchasing an additional 145 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Autodesk by 39.7% in the 2nd quarter. Canada Pension Plan Investment Board now owns 153,539 shares of the software company’s stock valued at $15,480,000 after purchasing an additional 43,667 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Autodesk by 2.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 626,674 shares of the software company’s stock valued at $63,182,000 after purchasing an additional 12,428 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its stake in shares of Autodesk by 10.7% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 23,006 shares of the software company’s stock valued at $2,406,000 after purchasing an additional 2,227 shares in the last quarter. Institutional investors own 95.85% of the company’s stock.

Several brokerages have recently commented on ADSK. Evercore ISI restated a “buy” rating and issued a $135.00 target price on shares of Autodesk in a research note on Wednesday. J P Morgan Chase & Co reiterated a “buy” rating and set a $130.00 price target on shares of Autodesk in a research report on Wednesday, November 29th. Guggenheim upped their price target on shares of Autodesk from $110.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Canaccord Genuity reiterated a “buy” rating and set a $135.00 price target on shares of Autodesk in a research report on Wednesday, November 29th. Finally, Deutsche Bank set a $140.00 price target on shares of Autodesk and gave the stock a “buy” rating in a research report on Wednesday, November 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. Autodesk has an average rating of “Buy” and an average target price of $132.55.

In other Autodesk news, SVP Fronzo Pascal W. Di sold 580 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $110.91, for a total transaction of $64,327.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Richard Scott Herren sold 5,738 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $128.14, for a total value of $735,267.32. The disclosure for this sale can be found here. Insiders have sold a total of 63,023 shares of company stock valued at $7,378,094 over the last three months. Company insiders own 6.10% of the company’s stock.

Shares of Autodesk, Inc. (NASDAQ ADSK) opened at $107.16 on Friday. Autodesk, Inc. has a twelve month low of $73.60 and a twelve month 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 announced its quarterly earnings data on Tuesday, November 28th. The software company reported ($0.12) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.01. The firm had revenue of $515.30 million during the quarter, compared to analysts’ expectations of $513.63 million. Autodesk had a negative return on equity of 93.60% and a negative net margin of 28.46%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.18) EPS. research analysts anticipate that Autodesk, Inc. will post -1.36 earnings per share for the current fiscal year.

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Autodesk Company Profile

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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Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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