News articles about Autodesk (NASDAQ:ADSK) have been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Autodesk earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the software company an impact score of 46.2197372654606 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

Shares of Autodesk (NASDAQ:ADSK) traded down $1.36 on Tuesday, hitting $106.59. The stock had a trading volume of 3,000,899 shares, compared to its average volume of 2,130,140. The company has a debt-to-equity ratio of 14.78, a current ratio of 1.07 and a quick ratio of 1.22. Autodesk has a 12 month low of $70.73 and a 12 month high of $131.10.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Tuesday, November 28th. The software company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.01. The business had revenue of $515.30 million during the quarter, compared to the consensus estimate of $513.63 million. Autodesk had a negative return on equity of 93.60% and a negative net margin of 28.46%. The company’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.18) EPS. sell-side analysts forecast that Autodesk will post -1.36 earnings per share for the current fiscal year.

A number of analysts have weighed in on ADSK shares. OTR Global downgraded Autodesk to a “positive” rating in a report on Wednesday, August 9th. BidaskClub downgraded Autodesk from a “strong-buy” rating to a “buy” rating in a report on Friday, August 11th. Sanford C. Bernstein reiterated an “outperform” rating and set a $138.00 price target (up from $137.00) on shares of Autodesk in a report on Friday, August 11th. Robert W. Baird increased their price target on Autodesk from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Wednesday, August 16th. Finally, Barclays increased their price target on Autodesk from $114.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Autodesk has a consensus rating of “Buy” and an average price target of $130.10.

In other Autodesk news, SVP Fronzo Pascal W. Di sold 19,577 shares of Autodesk stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $125.00, for a total transaction of $2,447,125.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard Scott Herren sold 5,738 shares of Autodesk stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $128.14, for a total value of $735,267.32. The disclosure for this sale can be found here. Insiders have sold a total of 61,523 shares of company stock valued at $7,218,659 in the last quarter. Company insiders own 6.10% of the company’s stock.

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Autodesk Company Profile

Autodesk, Inc is a design software and services company, offering customers productive business solutions through technology products and services. The Company’s segments include Architecture, Engineering and Construction (AEC), Platform Solutions and Emerging Business (PSEB), Manufacturing (MFG), and Media and Entertainment (M&E).

Insider Buying and Selling by Quarter for Autodesk (NASDAQ:ADSK)

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