Signaturefd LLC Has $1.19 Million Holdings in Autodesk, Inc. $ADSK

Signaturefd LLC lifted its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 15.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,826 shares of the software company’s stock after acquiring an additional 500 shares during the period. Signaturefd LLC’s holdings in Autodesk were worth $1,185,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Nuveen LLC bought a new position in Autodesk during the 1st quarter worth $278,383,000. T. Rowe Price Investment Management Inc. grew its holdings in shares of Autodesk by 44.1% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,318,319 shares of the software company’s stock worth $868,736,000 after purchasing an additional 1,016,187 shares in the last quarter. AQR Capital Management LLC lifted its position in Autodesk by 336.7% during the first quarter. AQR Capital Management LLC now owns 572,701 shares of the software company’s stock worth $147,339,000 after purchasing an additional 441,571 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Autodesk by 13.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,454,264 shares of the software company’s stock worth $904,326,000 after purchasing an additional 400,514 shares during the period. Finally, Vanguard Group Inc. lifted its position in Autodesk by 1.9% during the first quarter. Vanguard Group Inc. now owns 20,782,919 shares of the software company’s stock worth $5,440,968,000 after purchasing an additional 397,458 shares during the period. Institutional investors own 90.24% of the company’s stock.

Insider Buying and Selling

In other Autodesk news, EVP Rebecca Pearce sold 6,129 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $323.06, for a total value of $1,980,034.74. Following the sale, the executive vice president owned 13,311 shares in the company, valued at approximately $4,300,251.66. The trade was a 31.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Steven M. Blum sold 22,420 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $323.75, for a total value of $7,258,475.00. Following the completion of the sale, the executive vice president owned 13,099 shares in the company, valued at $4,240,801.25. This trade represents a 63.12% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 37,720 shares of company stock worth $12,159,241. Corporate insiders own 0.15% of the company’s stock.

Autodesk Price Performance

ADSK stock opened at $322.88 on Monday. The company has a market capitalization of $68.77 billion, a P/E ratio of 66.85, a PEG ratio of 2.86 and a beta of 1.49. Autodesk, Inc. has a 52-week low of $232.67 and a 52-week high of $329.09. The company has a fifty day moving average price of $305.46 and a 200-day moving average price of $291.05. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76.

Analyst Ratings Changes

Several brokerages have recently commented on ADSK. Citigroup boosted their target price on shares of Autodesk from $376.00 to $393.00 and gave the company a “buy” rating in a research report on Tuesday, September 2nd. UBS Group lifted their price objective on shares of Autodesk from $370.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Robert W. Baird raised their target price on Autodesk from $345.00 to $363.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Loop Capital started coverage on Autodesk in a research report on Monday, July 21st. They set a “hold” rating and a $320.00 price objective for the company. Finally, Stifel Nicolaus upped their price objective on Autodesk from $350.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Seventeen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Autodesk currently has a consensus rating of “Moderate Buy” and an average target price of $356.83.

About Autodesk

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.