Autodesk Inc (NASDAQ:ADSK).
Clearbridge Investments, LLC reports that it lowered its stake in Autodesk Inc by 4.0% in a 13F filing with the SEC. Its stake was worth $1,223,621,000 an increase of 6.8% according to the filing.
Here are some institutional investors who have increased or decreased their stake in (ADSK). As of quarter end Capital Research Global Investors had acquired a total of 898,866 shares growing its stake by 22.7%. The value of the investment in ADSK increased from $398,490,000 to $544,613,000 a change of 36.7% for the reporting period. As of the end of the quarter Meritage Group Lp had bought 2,187,774 shares growing its position 3,910.0%. The value in dollars went from $5,641,000 to $251,881,000 increasing 4,365.2% quarter over quarter.
Capital World Investors expanded its holdings by buying 3,217 shares an increase of 0.3%. Capital World Investors currently owns 933,378 shares with a value of $104,781,000. The total value of its holdings increased 11.7%.
Equity analyst Evercore ISI updated coverage of ADSK stating a rating of “Buy” and establishing a price target of $135.00. October 6 investment analysts at KeyCorp held the company rating at “Buy” targeting a price of $128.00.
On October 1, 2017 Robert W. Baird released research on ADSK with a rating of “Buy” and a price target of $125.00. On September 20 Evercore ISI kept the company rating at “Buy” projecting a price of $135.00.
On August 25 Canaccord Genuity maintained a company rating of “Buy” with a current price target of $125.00. On August 25 analysts at Robert W. Baird updated its forecast on ADSK and giving a rating of “Buy” and setting a price target of $125.00.
The company is so far trading up by 0.75% percent from yesterday’s close. The P/E ratio is N/A and the market cap is 27.39B. As of the latest earnings report the EPS was $-2.67 with 219.19M shares outstanding.
Investors are a little more bullish on the company considering the downtick in short interest. The company saw a fall in short interest from September 29, 2017 to October 13, 2017 of -0.52%. Short interest fell 25,253 over that period. The short-interest ratio increased to 4.0 and the short interest percentage is 0.02% as of October 13.