06 July, 2017
HighTower Advisors LLC cut its position in Autodesk, Inc. Institutional investors and hedge funds own 97.37% of the company's stock.
Large investors have recently added to or reduced their stakes in the company. Vident Investment Advisory LLC raised its stake in shares of Autodesk by 26.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 6,840 shares of the software company's stock valued at $506,000 after buying an additional 323 shares in the last quarter. Capstone Investment Advisors Llc acquired 48,757 shares as Netflix Inc (NFLX)'s stock rose 10.41%.
Shares of Autodesk, Inc. British Columbia Investment Management Corp now owns 112,143 shares of the software company's stock worth $9,697,000 after buying an additional 11,871 shares during the period. Finally, Employees Retirement System of Texas boosted its stake in shares of Autodesk by 25.8% in the fourth quarter. Credit Agricole S A now owns 49,794 shares of the software company's stock worth $3,685,000 after buying an additional 2,110 shares in the last quarter. British Columbia Investment Management Corp raised its stake in shares of Autodesk by 11.8% in the first quarter. Comerica Bank now owns 50,291 shares of the software company's stock worth $4,090,000 after buying an additional 1,373 shares in the last quarter. During the last 52 weeks, the price has been as high as $114.68 and as low as $51.89.
Autodesk, (NASDAQ ADSK) declined 1.45% throughout intraday market trading on early Tue, reaching $99.36. (NASDAQ:ENT) distance from 200-day simple moving average (SMA200) is -34.93%. The firm's market capitalization is $21.90 billion. (NASDAQ:ADSK). Asset Management One stated it has 0.06% in Autodesk, Inc. The software company reported ($0.16) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.24) by $0.08. The business had revenue of $485.70 million for the quarter, compared to analyst estimates of $470.27 million. Autodesk had a negative return on equity of 36.65% and a negative net margin of 26.99%.
Quarterly Revenue growth year over year is -5.1 Percent. During the same period in the previous year, the firm posted ($0.10) earnings per share. Equities research analysts forecast that Autodesk will post ($0.57) EPS for the current fiscal year.
ILLEGAL ACTIVITY WARNING: "Autodesk (NASDAQ:ADSK) Given Coverage Optimism Rating of 0.07" was originally posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright laws. Blum Steven M also sold $4.69 million worth of Autodesk, Inc. Wall Street is only getting more bullish on the stock, with 17 of analysts who cover ADSK having a buy-equivalent rating. Avondale downgraded the shares of MTRX in report on Friday, November 18 to "Market Perform" rating. Guggenheim assumed coverage on shares of Autodesk in a report on Wednesday, April 12th. Finally, Wedbush reissued an "outperform" rating and issued a $125.00 target price (up previously from $120.00) on shares of Autodesk in a research report on Friday, May 19th. They set an "outperform" rating and a $115.00 target price for the company.
The latest broker reports which have been released state 8 analysts have a rating of "buy", 8 analysts "outperform", 4 analysts "hold", 1 analysts "underperform" and 0 analysts "sell". Autodesk has a consensus rating of "Buy" and an average price target of $103.94.
Crawford W. Beveridge, Director sold $779,660 worth of shares at an average price of $111.38 on Wednesday the 7th. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
In related news, SVP Jan Becker sold 3,089 shares of the business's stock in a transaction that occurred on Monday, April 17th.
Dominion Energy, Inc. (NYSE:D) ended its day at $76.63 with the rising stream of -0.56% and its total traded volume was 2.94 million shares more than the average volume. The disclosure for this sale can be found here. Insiders sold a total of 133,529 shares of company stock worth $14,092,871 over the last ninety days. The Company's divisions include Architecture, Engineering and Construction, Platform Solutions and Emerging Business (PSEB), Manufacturing (MFG), and Media and Entertainment (M&E).
