The Autodesk Inc. (ADSK) SVP Sold $15,387.84 in Stock

The Autodesk Inc. (ADSK) SVP Sold $15,387.84 in Stock

Autodesk Inc. (NASDAQ:ADSK) SVP Fronzo Pascal W. Di sold 216 shares of Autodesk stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $71.24, for a total transaction of $15,387.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Fronzo Pascal W. Di also recently made the following trade(s): On Thursday, August 11th, Fronzo Pascal W. Di sold 5,109 shares of Autodesk stock. The shares were sold at an average price of $60.87, for a total transaction of $310,984.83. On Wednesday, July 27th, Fronzo Pascal W. Di sold 400 shares of Autodesk stock. The shares were sold at an average price of $59.46, for a total transaction of $23,784.00.

Autodesk Inc. (NASDAQ:ADSK) opened at 72.01 on Monday. The stock has a 50 day moving average of $68.68 and a 200 day moving average of $60.72. The firm’s market capitalization is $15.98 billion. Autodesk Inc. has a 12-month low of $41.60 and a 12-month high of $73.40.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Thursday, August 25th. The software company reported $0.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.13) by $0.18. Autodesk had a negative net margin of 15.05% and a negative return on equity of 5.95%. The business earned $550.70 million during the quarter, compared to analysts’ expectations of $511.49 million. During the same period in the previous year, the company earned $0.19 earnings per share. Autodesk’s revenue for the quarter was down 9.6% on a year-over-year basis. Equities research analysts anticipate that Autodesk Inc. will post ($0.60) earnings per share for the current year.

Hedge funds have recently modified their holdings of the company. IFP Advisors Inc boosted its stake in shares of Autodesk by 15.5% in the first quarter. IFP Advisors Inc now owns 1,715 shares of the software company’s stock worth $100,000 after buying an additional 230 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Autodesk during the first quarter worth $109,000. Howard Hughes Medical Institute purchased a new stake in shares of Autodesk during the second quarter worth $113,000. Bessemer Group Inc. boosted its stake in shares of Autodesk by 1,177.2% in the second quarter. Bessemer Group Inc. now owns 2,350 shares of the software company’s stock worth $127,000 after buying an additional 2,166 shares during the last quarter. Finally, Mizuho Asset Management Co. Ltd. boosted its stake in shares of Autodesk by 71.8% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 2,761 shares of the software company’s stock worth $149,000 after buying an additional 1,154 shares during the last quarter. Institutional investors and hedge funds own 97.07% of the company’s stock.

A number of equities analysts have weighed in on the stock. Citigroup Inc. set a $65.00 price target on shares of Autodesk and gave the company a “hold” rating in a report on Sunday, August 28th. Canaccord Genuity lifted their price target on shares of Autodesk from $60.00 to $65.00 and gave the company a “hold” rating in a report on Friday, August 26th. Rosenblatt Securities reiterated a “sell” rating and issued a $54.00 price target on shares of Autodesk in a report on Thursday, August 25th. Zacks Investment Research raised shares of Autodesk from a “sell” rating to a “hold” rating in a research note on Wednesday, July 20th. Finally, Cowen and Company raised their target price on shares of Autodesk from $68.00 to $71.00 and gave the company an “outperform” rating in a research note on Friday, August 26th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $67.53.

Autodesk Company Profile

Related posts

Leave a Comment