KeyCorp reaffirmed their overweight rating on shares of Autodesk (NASDAQ:ADSK) in a research note published on Wednesday morning, The Fly reports. KeyCorp currently has a $184.00 price target on the software company’s stock, down from their previous price target of $196.00.

Other analysts also recently issued research reports about the stock. Citigroup reduced their price target on shares of Autodesk from $210.00 to $186.00 and set a buy rating for the company in a research report on Wednesday. Griffin Securities reissued a buy rating and issued a $193.00 price target (up previously from $188.00) on shares of Autodesk in a research report on Friday, May 24th. BidaskClub raised shares of Autodesk from a sell rating to a hold rating in a research report on Wednesday. Wedbush reissued a neutral rating and issued a $149.00 price target (down previously from $164.00) on shares of Autodesk in a research report on Monday, August 26th. Finally, Barclays reduced their price target on shares of Autodesk from $199.00 to $173.00 and set an overweight rating for the company in a research report on Wednesday. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the stock. The company currently has an average rating of Hold and an average target price of $169.48.

Shares of ADSK stock opened at $142.82 on Wednesday. The company has a market cap of $32.99 billion, a price-to-earnings ratio of 1,298.36, a price-to-earnings-growth ratio of 2.40 and a beta of 1.79. Autodesk has a 52 week low of $117.72 and a 52 week high of $178.95. The firm has a 50 day moving average of $155.65 and a 200-day moving average of $162.46.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Tuesday, August 27th. The software company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.04). The company had revenue of $796.80 million for the quarter, compared to analyst estimates of $788.00 million. Autodesk had a negative return on equity of 55.37% and a net margin of 1.95%. The business’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same period last year, the business earned $0.19 EPS. As a group, equities analysts expect that Autodesk will post 1.65 EPS for the current year.

In other Autodesk news, CEO Andrew Anagnost sold 2,434 shares of the firm’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $169.47, for a total transaction of $412,489.98. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Karen Blasing sold 1,300 shares of the firm’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $164.54, for a total value of $213,902.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,773 shares of company stock worth $1,109,297. Company insiders own 0.12% of the company’s stock.

Large investors have recently modified their holdings of the business. Farmers National Bank bought a new position in Autodesk during the 1st quarter valued at $32,000. Thor Advisors LLC bought a new position in Autodesk during the 1st quarter valued at $38,000. Osborn Williams & Donohoe LLC bought a new position in Autodesk during the 1st quarter valued at $43,000. Next Capital Management LLC lifted its stake in Autodesk by 62.8% during the 2nd quarter. Next Capital Management LLC now owns 280 shares of the software company’s stock valued at $46,000 after acquiring an additional 108 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in Autodesk by 543.5% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 296 shares of the software company’s stock valued at $50,000 after acquiring an additional 250 shares in the last quarter. Institutional investors and hedge funds own 95.02% of the company’s stock.

About Autodesk

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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Analyst Recommendations for Autodesk (NASDAQ:ADSK)

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