Atomi Financial Group Inc. Has $644,000 Stock Holdings in Autodesk, Inc. (NASDAQ:ADSK)

Atomi Financial Group Inc. boosted its stake in Autodesk, Inc. (NASDAQ:ADSK) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,179 shares of the software company’s stock after purchasing an additional 102 shares during the quarter. Atomi Financial Group Inc.’s holdings in Autodesk were worth $644,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Livelsberger Financial Advisory bought a new position in shares of Autodesk in the third quarter valued at $27,000. Concord Wealth Partners bought a new position in shares of Autodesk in the third quarter valued at $28,000. Transcendent Capital Group LLC bought a new position in shares of Autodesk in the third quarter valued at $28,000. Central Pacific Bank Trust Division bought a new position in shares of Autodesk in the fourth quarter valued at $37,000. Finally, Wolff Wiese Magana LLC lifted its stake in shares of Autodesk by 3,625.0% in the third quarter. Wolff Wiese Magana LLC now owns 149 shares of the software company’s stock valued at $41,000 after buying an additional 145 shares in the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ADSK has been the topic of a number of recent research reports. Citigroup raised their price objective on shares of Autodesk from $358.00 to $361.00 and gave the company a “buy” rating in a research note on Friday, November 29th. BMO Capital Markets raised their price objective on shares of Autodesk from $287.00 to $308.00 and gave the company a “market perform” rating in a research note on Wednesday, November 27th. Mizuho raised their price objective on shares of Autodesk from $260.00 to $280.00 and gave the company a “neutral” rating in a research note on Wednesday, November 27th. Wells Fargo & Company raised their price target on shares of Autodesk from $340.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. Finally, KeyCorp raised their price target on shares of Autodesk from $325.00 to $330.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Nine investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and a consensus target price of $326.05.

Insider Transactions at Autodesk

In related news, Director Mary T. Mcdowell sold 550 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $305.06, for a total transaction of $167,783.00. Following the completion of the transaction, the director now owns 30,249 shares of the company’s stock, valued at approximately $9,227,759.94. The trade was a 1.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.14% of the company’s stock.

Autodesk Price Performance

ADSK opened at $301.08 on Friday. The company has a market capitalization of $64.73 billion, a price-to-earnings ratio of 59.74, a PEG ratio of 3.50 and a beta of 1.42. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.76. The firm has a 50-day moving average price of $299.50 and a 200-day moving average price of $276.63. Autodesk, Inc. has a twelve month low of $195.32 and a twelve month high of $326.62.

Autodesk (NASDAQ:ADSK) last posted its earnings results on Tuesday, November 26th. The software company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.12 by $0.05. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.56 billion. Autodesk had a net margin of 18.30% and a return on equity of 53.87%. The company’s revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the company earned $1.33 earnings per share. Equities analysts expect that Autodesk, Inc. will post 5.76 EPS for the current year.

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.