Autodesk, Inc. (ADSK) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,165,153 shares of the software company’s stock after buying an additional 18,647 shares during the period. Janus Henderson Group PLC’s holdings in Autodesk were worth $181,891,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Artemis Investment Management LLP increased its holdings in shares of Autodesk by 56.8% during the 3rd quarter. Artemis Investment Management LLP now owns 159,772 shares of the software company’s stock worth $24,941,000 after buying an additional 57,872 shares during the last quarter. AXA increased its holdings in shares of Autodesk by 104.8% during the 3rd quarter. AXA now owns 560,177 shares of the software company’s stock worth $87,449,000 after buying an additional 286,627 shares during the last quarter. Eagle Asset Management Inc. increased its holdings in shares of Autodesk by 10.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 544,675 shares of the software company’s stock worth $85,029,000 after buying an additional 49,568 shares during the last quarter. Cedar Capital LLC increased its holdings in shares of Autodesk by 38.8% during the 3rd quarter. Cedar Capital LLC now owns 9,714 shares of the software company’s stock worth $1,516,000 after buying an additional 2,717 shares during the last quarter. Finally, Piedmont Investment Advisors Inc. increased its holdings in shares of Autodesk by 523.3% during the 3rd quarter. Piedmont Investment Advisors Inc. now owns 15,545 shares of the software company’s stock worth $2,427,000 after buying an additional 13,051 shares during the last quarter. Institutional investors and hedge funds own 95.88% of the company’s stock.

Shares of Autodesk stock opened at $132.69 on Friday. The stock has a market cap of $29.52 billion, a PE ratio of -82.93, a price-to-earnings-growth ratio of 113.62 and a beta of 1.97. Autodesk, Inc. has a 1-year low of $101.55 and a 1-year high of $159.94.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Tuesday, November 20th. The software company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.02. The company had revenue of $661.00 million during the quarter, compared to the consensus estimate of $641.07 million. Autodesk had a negative return on equity of 3,087.49% and a negative net margin of 13.37%. The company’s revenue was up 28.3% on a year-over-year basis. During the same period last year, the firm earned ($0.12) earnings per share. Sell-side analysts predict that Autodesk, Inc. will post 0.05 EPS for the current fiscal year.

Several analysts recently issued reports on ADSK shares. Canaccord Genuity increased their price target on Autodesk from $150.00 to $165.00 and gave the company a “buy” rating in a report on Friday, August 24th. Griffin Securities increased their price target on Autodesk from $165.00 to $170.00 and gave the company a “buy” rating in a report on Friday, August 24th. BidaskClub upgraded Autodesk from a “hold” rating to a “buy” rating in a report on Wednesday, August 29th. Evercore ISI reiterated a “buy” rating and issued a $175.00 price target on shares of Autodesk in a report on Wednesday, September 19th. Finally, ValuEngine downgraded Autodesk from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 11th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and seventeen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $160.63.

In other news, Director Lorrie M. Norrington sold 5,001 shares of the firm’s stock in a transaction dated Wednesday, August 29th. The stock was sold at an average price of $156.75, for a total transaction of $783,906.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Crawford W. Beveridge sold 1,000 shares of the firm’s stock in a transaction dated Thursday, September 20th. The shares were sold at an average price of $149.77, for a total value of $149,770.00. The disclosure for this sale can be found here. Insiders have sold 29,009 shares of company stock valued at $4,431,583 over the last 90 days. Insiders own 0.14% of the company’s stock.

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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; and AutoCAD LT, a professional drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; and AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects.

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Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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