Robeco Institutional Asset Management B.V. Increases Holdings in Autodesk, Inc. (NASDAQ:ADSK)

Robeco Institutional Asset Management B.V. lifted its position in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 27.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 382,341 shares of the software company's stock after buying an additional 82,206 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.18% of Autodesk worth $100,097,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sowell Financial Services LLC purchased a new position in shares of Autodesk during the 1st quarter valued at about $324,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Autodesk by 27.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 42,826 shares of the software company's stock valued at $11,212,000 after buying an additional 9,222 shares in the last quarter. Captrust Financial Advisors grew its position in Autodesk by 4.8% during the 4th quarter. Captrust Financial Advisors now owns 226,395 shares of the software company's stock worth $66,916,000 after acquiring an additional 10,468 shares during the last quarter. Grandfield & Dodd LLC grew its position in Autodesk by 0.6% during the 4th quarter. Grandfield & Dodd LLC now owns 143,689 shares of the software company's stock worth $42,470,000 after acquiring an additional 881 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Autodesk by 7.6% during the 1st quarter. Assenagon Asset Management S.A. now owns 17,942 shares of the software company's stock worth $4,697,000 after acquiring an additional 1,266 shares during the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Stock Up 0.1%

Shares of NASDAQ ADSK traded up $0.20 during mid-day trading on Friday, hitting $305.13. 1,703,006 shares of the stock traded hands, compared to its average volume of 1,484,607. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.65 and a current ratio of 0.65. Autodesk, Inc. has a 52 week low of $223.03 and a 52 week high of $326.62. The company has a market cap of $65.30 billion, a price-to-earnings ratio of 65.34, a PEG ratio of 2.94 and a beta of 1.45. The stock has a fifty day moving average price of $289.65 and a 200-day moving average price of $285.42.

Insider Activity at Autodesk

In related news, EVP Rebecca Pearce sold 2,544 shares of Autodesk stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $305.00, for a total transaction of $775,920.00. Following the sale, the executive vice president now directly owns 25,801 shares in the company, valued at $7,869,305. The trade was a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 3,087 shares of company stock worth $936,607 over the last ninety days. 0.15% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ADSK. Oppenheimer restated an "outperform" rating and set a $350.00 price target (up from $300.00) on shares of Autodesk in a research report on Friday, May 23rd. Mizuho reduced their price target on Autodesk from $400.00 to $350.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. Rosenblatt Securities restated a "buy" rating and set a $340.00 price target on shares of Autodesk in a research report on Tuesday, May 20th. Morgan Stanley restated an "overweight" rating and set a $370.00 price target (up from $330.00) on shares of Autodesk in a research report on Friday, May 23rd. Finally, BMO Capital Markets raised their price target on Autodesk from $324.00 to $333.00 and gave the stock a "market perform" rating in a research report on Friday, May 23rd. Seven investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, Autodesk currently has an average rating of "Moderate Buy" and an average target price of $340.45.

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.