Ayanna Howard Sells 917 Shares of Autodesk (NASDAQ:ADSK) Stock

Autodesk, Inc. (NASDAQ:ADSKGet Free Report) Director Ayanna Howard sold 917 shares of the company’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $325.00, for a total transaction of $298,025.00. Following the transaction, the director directly owned 3,476 shares of the company’s stock, valued at approximately $1,129,700. This trade represents a 20.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Ayanna Howard also recently made the following trade(s):

  • On Friday, August 29th, Ayanna Howard sold 3,159 shares of Autodesk stock. The stock was sold at an average price of $325.00, for a total value of $1,026,675.00.

Autodesk Price Performance

ADSK opened at $320.91 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $68.35 billion, a PE ratio of 66.44, a price-to-earnings-growth ratio of 2.80 and a beta of 1.49. The stock’s 50 day moving average price is $307.06 and its 200-day moving average price is $292.28. Autodesk, Inc. has a 52-week low of $232.67 and a 52-week high of $329.09.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Citigroup raised their target price on shares of Autodesk from $376.00 to $393.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Barclays raised their price objective on shares of Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Bank of America upped their target price on Autodesk from $330.00 to $360.00 and gave the stock a “neutral” rating in a report on Friday, August 29th. Royal Bank Of Canada raised their target price on Autodesk from $345.00 to $380.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $375.00 price target on shares of Autodesk in a research note on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Autodesk presently has an average rating of “Moderate Buy” and a consensus target price of $359.13.

Check Out Our Latest Research Report on Autodesk

Institutional Trading of Autodesk

A number of institutional investors have recently made changes to their positions in the stock. Beacon Financial Group lifted its stake in Autodesk by 3.0% during the second quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock worth $350,000 after purchasing an additional 33 shares during the last quarter. Freedom Investment Management Inc. raised its holdings in Autodesk by 2.4% during the first quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock worth $386,000 after purchasing an additional 34 shares in the last quarter. Bridgewater Advisors Inc. lifted its position in shares of Autodesk by 2.2% during the 2nd quarter. Bridgewater Advisors Inc. now owns 1,567 shares of the software company’s stock worth $474,000 after buying an additional 34 shares during the last quarter. Clarity Wealth Advisors LLC lifted its position in shares of Autodesk by 2.3% during the 2nd quarter. Clarity Wealth Advisors LLC now owns 1,535 shares of the software company’s stock worth $475,000 after buying an additional 35 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC boosted its holdings in shares of Autodesk by 34.9% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock valued at $37,000 after buying an additional 37 shares in the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Autodesk Company Profile

(Get Free Report)

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.

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