Autodesk, Inc. (NASDAQ:ADSK) SVP Fronzo Pascal W. Di sold 7,185 shares of the company’s stock in a transaction dated Monday, June 18th. The stock was sold at an average price of $138.78, for a total transaction of $997,134.30. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of Autodesk stock traded down $0.23 on Tuesday, hitting $141.03. The stock had a trading volume of 120,614 shares, compared to its average volume of 2,112,257. Autodesk, Inc. has a twelve month low of $99.22 and a twelve month high of $142.48. The company has a debt-to-equity ratio of -12.34, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market capitalization of $30.24 billion, a P/E ratio of -87.48, a P/E/G ratio of 928.78 and a beta of 1.74.
Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Thursday, May 24th. The software company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.03. Autodesk had a negative return on equity of 3,087.49% and a negative net margin of 24.39%. The company had revenue of $559.90 million during the quarter, compared to the consensus estimate of $558.49 million. During the same quarter in the prior year, the firm posted ($0.16) earnings per share. The firm’s revenue was up 15.3% compared to the same quarter last year. equities analysts anticipate that Autodesk, Inc. will post 0.01 EPS for the current year.
Several equities research analysts recently weighed in on the stock. BidaskClub cut shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, May 30th. Zacks Investment Research cut shares of Autodesk from a “hold” rating to a “sell” rating in a report on Thursday, May 31st. Bank of America increased their target price on shares of Autodesk from $133.00 to $139.00 and gave the stock a “neutral” rating in a report on Friday, May 25th. Oppenheimer increased their target price on shares of Autodesk from $135.00 to $145.00 and gave the stock an “outperform” rating in a report on Wednesday, March 7th. Finally, KeyCorp increased their target price on shares of Autodesk from $134.00 to $138.00 and gave the stock an “overweight” rating in a report on Wednesday, March 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and twenty-one have issued a buy rating to the company’s stock. Autodesk currently has a consensus rating of “Buy” and a consensus target price of $149.10.
Several institutional investors have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd acquired a new position in shares of Autodesk in the first quarter valued at approximately $1,733,000. Suntrust Banks Inc. increased its stake in shares of Autodesk by 15.0% in the first quarter. Suntrust Banks Inc. now owns 16,208 shares of the software company’s stock valued at $2,034,000 after buying an additional 2,111 shares during the period. Amalgamated Bank increased its stake in shares of Autodesk by 8.7% in the first quarter. Amalgamated Bank now owns 29,750 shares of the software company’s stock valued at $3,736,000 after buying an additional 2,381 shares during the period. Summit Trail Advisors LLC increased its position in Autodesk by 16.7% during the 1st quarter. Summit Trail Advisors LLC now owns 14,507 shares of the software company’s stock valued at $1,266,000 after purchasing an additional 2,075 shares during the period. Finally, WINTON GROUP Ltd increased its position in Autodesk by 24.3% during the 1st quarter. WINTON GROUP Ltd now owns 197,015 shares of the software company’s stock valued at $24,741,000 after purchasing an additional 38,543 shares during the period. 92.81% of the stock is owned by institutional investors.
Autodesk Company Profile
Autodesk, Inc operates as a design software and services company worldwide. The company offers AutoCAD, a professional design, drafting, detailing, and visualization software; and AutoCAD LT, a professional drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; and AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects.
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