Banco Bilbao Vizcaya Argentaria S.A. Takes Position in Autodesk, Inc. (NASDAQ:ADSK)

Banco Bilbao Vizcaya Argentaria S.A. purchased a new position in Autodesk, Inc. (NASDAQ:ADSK - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 34,879 shares of the software company's stock, valued at approximately $10,346,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in Autodesk in the 4th quarter valued at approximately $25,000. Tradewinds Capital Management LLC raised its stake in shares of Autodesk by 100.0% in the fourth quarter. Tradewinds Capital Management LLC now owns 100 shares of the software company's stock worth $30,000 after purchasing an additional 50 shares during the last quarter. Mizuho Securities Co. Ltd. bought a new position in shares of Autodesk during the fourth quarter valued at $30,000. Addison Advisors LLC lifted its holdings in shares of Autodesk by 157.4% during the fourth quarter. Addison Advisors LLC now owns 121 shares of the software company's stock valued at $36,000 after purchasing an additional 74 shares in the last quarter. Finally, Central Pacific Bank Trust Division purchased a new stake in shares of Autodesk during the fourth quarter valued at $37,000. 90.24% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Stephen W. Hope sold 2,452 shares of Autodesk stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $267.29, for a total transaction of $655,395.08. Following the completion of the sale, the chief accounting officer now owns 3,003 shares in the company, valued at $802,671.87. This trade represents a 44.95 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John T. Cahill bought 2,000 shares of the company's stock in a transaction on Friday, March 21st. The stock was bought at an average price of $267.10 per share, for a total transaction of $534,200.00. Following the completion of the purchase, the director now directly owns 2,000 shares in the company, valued at approximately $534,200. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.14% of the company's stock.

Analysts Set New Price Targets

ADSK has been the topic of several research analyst reports. DA Davidson lowered their target price on shares of Autodesk from $285.00 to $265.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Macquarie reaffirmed an "outperform" rating and set a $360.00 target price on shares of Autodesk in a report on Friday, February 28th. Mizuho decreased their price objective on Autodesk from $400.00 to $350.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Barclays lowered their price objective on Autodesk from $365.00 to $325.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. Finally, KeyCorp cut their target price on Autodesk from $335.00 to $323.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Eight investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $321.36.

Autodesk Trading Down 0.1 %

Shares of NASDAQ ADSK traded down $0.32 during midday trading on Wednesday, hitting $272.57. The company's stock had a trading volume of 302,966 shares, compared to its average volume of 1,628,239. Autodesk, Inc. has a 12-month low of $195.32 and a 12-month high of $326.62. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.76. The firm has a market cap of $58.06 billion, a P/E ratio of 54.08, a price-to-earnings-growth ratio of 2.94 and a beta of 1.49. The business's 50 day moving average is $263.52 and its two-hundred day moving average is $286.55.

Autodesk Company Profile

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.