How Analysts Feel About Autodesk, Inc. (NASDAQ:ADSK)?

October 13, 2017 - By Clifton Ray

 How Analysts Feel About Autodesk, Inc. (NASDAQ:ADSK)?
Investors sentiment increased to 1.19 in Q2 2017. Its up 0.15, from 1.04 in 2017Q1. It increased, as 26 investors sold Autodesk, Inc. shares while 162 reduced holdings. 80 funds opened positions while 143 raised stakes. 204.24 million shares or 3.68% less from 212.05 million shares in 2017Q1 were reported.
Calamos Advsrs Lc stated it has 0.03% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Suntrust Banks Inc owns 11,987 shares. Umb Commercial Bank N A Mo reported 2,305 shares. Andra Ap has 25,100 shares for 0.06% of their portfolio. Cleararc Cap Inc stated it has 0.08% in Autodesk, Inc. (NASDAQ:ADSK). Morgan Stanley reported 0.03% in Autodesk, Inc. (NASDAQ:ADSK). Commonwealth Equity Serv Inc holds 6,833 shares. Amp Cap Invsts Limited has invested 0.07% in Autodesk, Inc. (NASDAQ:ADSK). 522 were reported by Bessemer Grp Inc. Pointstate L P stated it has 3.82% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Maplelane Lc has 0% invested in Autodesk, Inc. (NASDAQ:ADSK) for 1.93M shares. Schwab Charles Invest Mgmt holds 0.06% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK) for 626,674 shares. 187 are owned by Thompson Davis Company. Shelton Cap Mngmt, California-based fund reported 18,121 shares. Gam Hldgs Ag invested in 0.03% or 20,342 shares.

Since May 15, 2017, it had 0 insider purchases, and 5 selling transactions for $6.51 million activity. 35,595 shares valued at $3.98M were sold by Herren Richard Scott on Monday, June 5. The insider BEVERIDGE CRAWFORD W sold 7,000 shares worth $779,660. 6,490 shares valued at $726,452 were sold by Underwood Paul D. on Monday, June 5. $274,266 worth of Autodesk, Inc. (NASDAQ:ADSK) was sold by BECKER JAN.

Autodesk, Inc. (NASDAQ:ADSK) Ratings Coverage

Among 23 analysts covering Autodesk Inc. (NASDAQ:ADSK), 15 have Buy rating, 2 Sell and 6 Hold. Therefore 65% are positive. Autodesk Inc. had 89 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Hold” rating by Canaccord Genuity on Friday, August 26. On Friday, August 25 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. Citigroup maintained Autodesk, Inc. (NASDAQ:ADSK) rating on Monday, August 28. Citigroup has “Neutral” rating and $122 target. The stock has “Neutral” rating by Wedbush on Wednesday, November 30. OTR Global downgraded the shares of ADSK in report on Friday, October 30 to “Mixed” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, December 7 report. The rating was maintained by Wedbush on Thursday, May 12 with “Neutral”. The firm has “Buy” rating by Canaccord Genuity given on Monday, August 21. The rating was downgraded by Zacks on Wednesday, September 2 to “Sell”. As per Monday, August 31, the company rating was maintained by Cowen & Co. Below is a list of Autodesk, Inc. (NASDAQ:ADSK) latest ratings and price target changes.

08/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $125.0 Maintain
29/09/2017 Broker: Robert W. Baird Rating: Buy New Target: $125.0 Maintain
03/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $125.0 Maintain
28/08/2017 Broker: Citigroup Rating: Neutral Old Target: $112 New Target: $122 Maintain
24/08/2017 Broker: Robert W. Baird Rating: Buy New Target: $125.0 Maintain
25/08/2017 Broker: Barclays Capital Rating: Overweight Old Target: $120 New Target: $125 Maintain
25/08/2017 Broker: Canaccord Genuity Rating: Buy Old Target: $120 New Target: $125 Maintain
25/08/2017 Broker: Cowen & Co Rating: Outperform Old Target: $115 New Target: $128 Maintain
25/08/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $115 New Target: $120 Maintain
25/08/2017 Broker: KeyBanc Capital Markets Rating: Overweight Old Target: $115 New Target: $128 Maintain

About 174,073 shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 91.08% since October 13, 2016 and is uptrending. It has outperformed by 74.38% the S&P500.

Autodesk, Inc. is a design software and services company, offering clients productive business solutions through technology services and products. The company has market cap of $26.14 billion. The Company’s divisions include Architecture, Engineering and Construction , Platform Solutions and Emerging Business (PSEB), Manufacturing (MFG), and Media and Entertainment (M&E). It currently has negative earnings. The Firm serves clients in the architecture, engineering and construction; product design and manufacturing; and digital media and entertainment industries.

More news for Autodesk, Inc. (NASDAQ:ADSK) were recently published by: Investorplace.com, which released: “3 Big Stock Charts for Tuesday: Apple Inc. (AAPL), Nike Inc (NKE) and Autodesk …” on September 26, 2017. Bizjournals.com‘s article titled: “Autodesk invests in another Boston startup” and published on September 18, 2017 is yet another important article.

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