Crossmark Global Holdings Inc. reduced its stake in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 12.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,180 shares of the software company's stock after selling 1,971 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Autodesk were worth $3,906,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of ADSK. Vanguard Group Inc. raised its holdings in Autodesk by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 19,402,242 shares of the software company's stock valued at $5,052,732,000 after buying an additional 363,565 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of Autodesk by 263.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,294,746 shares of the software company's stock valued at $1,639,279,000 after acquiring an additional 4,563,668 shares during the period. Ninety One UK Ltd lifted its holdings in shares of Autodesk by 28.0% in the 2nd quarter. Ninety One UK Ltd now owns 5,071,950 shares of the software company's stock worth $1,255,054,000 after acquiring an additional 1,108,973 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Autodesk by 12.6% during the 3rd quarter. Principal Financial Group Inc. now owns 2,192,345 shares of the software company's stock worth $603,947,000 after purchasing an additional 245,816 shares during the period. Finally, Legal & General Group Plc grew its holdings in Autodesk by 4.0% during the 2nd quarter. Legal & General Group Plc now owns 2,117,357 shares of the software company's stock valued at $523,940,000 after purchasing an additional 81,314 shares during the last quarter. 90.24% of the stock is owned by institutional investors.

Shares of Autodesk stock opened at $313.89 on Tuesday. The company has a market capitalization of $67.49 billion, a PE ratio of 64.19, a P/E/G ratio of 3.88 and a beta of 1.47. The company has a 50-day simple moving average of $275.95 and a two-hundred day simple moving average of $248.50. Autodesk, Inc. has a one year low of $195.32 and a one year high of $314.70. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.64 and a current ratio of 0.64.

Autodesk (NASDAQ:ADSK - Get Free Report) last posted its quarterly earnings data on Thursday, August 29th. The software company reported $2.15 EPS for the quarter, topping the consensus estimate of $2.00 by $0.15. Autodesk had a net margin of 18.21% and a return on equity of 59.41%. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the previous year, the business posted $1.12 EPS. Autodesk's revenue was up 11.9% on a year-over-year basis. Research analysts expect that Autodesk, Inc. will post 5.73 EPS for the current fiscal year.

In other Autodesk news, Director Mary T. Mcdowell sold 550 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $248.18, for a total value of $136,499.00. Following the completion of the sale, the director now directly owns 31,899 shares in the company, valued at approximately $7,916,693.82. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, CAO Stephen W. Hope sold 286 shares of the company's stock in a transaction on Monday, September 30th. The stock was sold at an average price of $274.84, for a total value of $78,604.24. Following the transaction, the chief accounting officer now directly owns 4,879 shares of the company's stock, valued at $1,340,944.36. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mary T. Mcdowell sold 550 shares of Autodesk stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $248.18, for a total value of $136,499.00. Following the sale, the director now directly owns 31,899 shares of the company's stock, valued at approximately $7,916,693.82. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,280 shares of company stock worth $5,200,929 in the last ninety days. 0.14% of the stock is owned by insiders.

Several analysts have issued reports on the stock. Morgan Stanley reissued an "overweight" rating and issued a $320.00 price objective on shares of Autodesk in a research note on Monday, September 30th. BMO Capital Markets boosted their price objective on Autodesk from $254.00 to $287.00 and gave the company a "market perform" rating in a report on Friday, August 30th. Berenberg Bank increased their target price on Autodesk from $286.00 to $299.00 and gave the stock a "hold" rating in a research note on Friday, August 30th. Barclays upped their price target on shares of Autodesk from $275.00 to $310.00 and gave the stock an "overweight" rating in a report on Friday, August 30th. Finally, KeyCorp reissued an "overweight" rating and issued a $305.00 price objective on shares of Autodesk in a research report on Monday, August 26th. Eight equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $292.95.

Check Out Our Latest Analysis on Autodesk

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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