Autodesk, Inc. (ADSK) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 2.0% during the 3rd quarter, Holdings Channel reports. The fund owned 323,976 shares of the software company’s stock after buying an additional 6,317 shares during the period. Dimensional Fund Advisors LP’s holdings in Autodesk were worth $36,368,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Cable Hill Partners LLC grew its position in Autodesk by 276.7% in the 3rd quarter. Cable Hill Partners LLC now owns 1,292 shares of the software company’s stock valued at $145,000 after acquiring an additional 949 shares during the last quarter. Harfst & Associates Inc. bought a new position in Autodesk in the 2nd quarter valued at $150,000. Cedar Capital LLC bought a new position in Autodesk in the 3rd quarter valued at $207,000. Wedbush Securities Inc. bought a new position in Autodesk in the 3rd quarter valued at $216,000. Finally, Frontier Wealth Management LLC bought a new position in Autodesk in the 2nd quarter valued at $206,000. 95.34% of the stock is currently owned by institutional investors.

Shares of Autodesk, Inc. (NASDAQ:ADSK) opened at $115.91 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 14.78. Autodesk, Inc. has a 12 month low of $78.29 and a 12 month high of $131.10.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Tuesday, November 28th. The software company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates 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 firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the business posted ($0.18) EPS. research analysts anticipate that Autodesk, Inc. will post -1.37 earnings per share for the current fiscal year.

In other Autodesk news, SVP Fronzo Pascal W. Di sold 19,577 shares of the stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $125.00, for a total value of $2,447,125.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Richard Scott Herren sold 5,738 shares of the stock in a transaction dated Friday, November 24th. The shares were 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. Over the last quarter, insiders sold 38,825 shares of company stock valued at $4,595,671. 6.10% of the stock is currently owned by company insiders.

Several brokerages have commented on ADSK. BidaskClub raised Autodesk from a “hold” rating to a “buy” rating in a research report on Wednesday, January 3rd. Oppenheimer began coverage on Autodesk in a research report on Friday, December 29th. They issued an “outperform” rating and a $135.00 price objective on the stock. CIBC started coverage on Autodesk in a research report on Friday, December 22nd. They issued an “outperform” rating and a $135.00 price objective on the stock. Evercore ISI set a $135.00 price target on Autodesk and gave the stock a “buy” rating in a research report on Wednesday, December 20th. Finally, JPMorgan Chase & Co. reissued a “buy” rating and set a $130.00 price target on shares of Autodesk in a research report on Wednesday, November 29th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $132.77.

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Autodesk 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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