Autodesk (NASDAQ:ADSK) Director Ayanna Howard Sells 917 Shares of Stock

Autodesk, Inc. (NASDAQ:ADSK) Director Ayanna Howard sold 917 shares of the stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $325.00, for a total transaction of $298,025.00. Following the transaction, the director directly owned 3,476 shares in the company, valued at $1,129,700. The trade was a 20.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Ayanna Howard also recently made the following trade(s):

• On Friday, August 29th, Ayanna Howard sold 3,159 shares of Autodesk stock. The stock was sold at an average price of $325.00, for a total value of $1,026,675.00.

Autodesk Price Performance

Shares of ADSK opened at $315.73 on Thursday. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91. The firm has a market cap of $67.25 billion, a price-to-earnings ratio of 65.37, a PEG ratio of 2.81 and a beta of 1.49. The stock has a 50 day moving average of $306.66 and a 200-day moving average of $291.87.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ADSK shares. Mizuho boosted their target price on shares of Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Piper Sandler boosted their price objective on shares of Autodesk from $361.00 to $373.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Wall Street Zen lowered shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Bank of America raised their target price on shares of Autodesk from $330.00 to $360.00 and gave the stock a “neutral” rating in a report on Friday, August 29th. Finally, Rosenblatt Securities upped their target price on Autodesk from $345.00 to $355.00 and gave the company a “buy” rating in a report on Friday, August 29th. Eighteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and a consensus price target of $359.13.

Institutional Trading of Autodesk

Hedge funds have recently added to or reduced their stakes in the business. Praxis Investment Management Inc. raised its stake in shares of Autodesk by 187.2% during the third quarter. Praxis Investment Management Inc. now owns 4,537 shares of the software company’s stock valued at $1,441,000 after purchasing an additional 2,957 shares in the last quarter. Caldwell Trust Co acquired a new position in Autodesk during the 2nd quarter valued at about $302,000. Valeo Financial Advisors LLC raised its position in shares of Autodesk by 11.0% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,910 shares of the software company’s stock worth $591,000 after buying an additional 190 shares in the last quarter. MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Autodesk during the 2nd quarter worth about $2,081,000. Finally, Neuberger Berman Group LLC lifted its stake in shares of Autodesk by 7.2% in the 2nd quarter. Neuberger Berman Group LLC now owns 117,974 shares of the software company’s stock worth $36,521,000 after acquiring an additional 7,969 shares during the period. Institutional investors own 90.24% of the company’s stock.

Autodesk Company Profile

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.