Autodesk, Inc. (ADSK) Holdings Reduced by OLD National Bancorp IN

OLD National Bancorp IN trimmed its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 8.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,910 shares of the software company’s stock after selling 862 shares during the quarter. OLD National Bancorp IN’s holdings in Autodesk were worth $1,388,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ADSK. JPMorgan Chase & Co. raised its holdings in Autodesk by 16.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,353,539 shares of the software company’s stock worth $211,299,000 after purchasing an additional 188,022 shares in the last quarter. Standard Life Aberdeen plc raised its holdings in Autodesk by 14.8% in the 3rd quarter. Standard Life Aberdeen plc now owns 58,770 shares of the software company’s stock worth $9,174,000 after purchasing an additional 7,565 shares in the last quarter. Teachers Advisors LLC raised its holdings in Autodesk by 2.4% in the 3rd quarter. Teachers Advisors LLC now owns 477,368 shares of the software company’s stock worth $74,522,000 after purchasing an additional 11,205 shares in the last quarter. TIAA CREF Investment Management LLC raised its holdings in Autodesk by 4.9% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 531,253 shares of the software company’s stock worth $82,934,000 after purchasing an additional 24,917 shares in the last quarter. Finally, Morgan Stanley raised its holdings in Autodesk by 2.3% in the 3rd quarter. Morgan Stanley now owns 1,843,405 shares of the software company’s stock worth $287,774,000 after purchasing an additional 41,253 shares in the last quarter. 95.57% of the stock is owned by institutional investors.

In related news, Director Crawford W. Beveridge sold 1,000 shares of the stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $152.90, for a total transaction of $152,900.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Andrew Anagnost sold 10,440 shares of the stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $153.21, for a total transaction of $1,599,512.40. The disclosure for this sale can be found here. Insiders have sold a total of 65,227 shares of company stock worth $10,573,716 over the last three months. 0.12% of the stock is currently owned by insiders.



Several brokerages have commented on ADSK. Wedbush upped their price objective on shares of Autodesk from $131.00 to $163.00 and gave the stock a “neutral” rating in a report on Monday, March 4th. TheStreet upgraded shares of Autodesk from a “d” rating to a “c” rating in a report on Thursday, February 28th. BidaskClub lowered shares of Autodesk from a “strong-buy” rating to a “buy” rating in a report on Thursday, May 9th. Deutsche Bank upped their price objective on shares of Autodesk to $180.00 and gave the stock a “buy” rating in a report on Thursday, February 21st. Finally, Morgan Stanley lowered shares of Autodesk from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $160.00 to $150.00 in a report on Tuesday, January 15th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the company. Autodesk presently has an average rating of “Buy” and a consensus price target of $173.49.

Shares of ADSK stock opened at $164.93 on Tuesday. Autodesk, Inc. has a one year low of $117.72 and a one year high of $178.95. The stock has a market cap of $38.26 billion, a P/E ratio of 1,499.36, a PEG ratio of 2.56 and a beta of 1.95.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Thursday, February 28th. The software company reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.02. The firm had revenue of $737.30 million for the quarter, compared to analysts’ expectations of $707.09 million. During the same period last year, the company posted ($0.09) earnings per share. As a group, equities analysts predict that Autodesk, Inc. will post 1.76 earnings per share for the current fiscal year.

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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; AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; AutoCAD LT, a professional drafting and detailing software; BIM 360, a construction management cloud-based 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 software products for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment industries.

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Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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