2,140 Shares in Autodesk, Inc. (NASDAQ:ADSK) Bought by Triglav Skladi D.O.O.

Triglav Skladi D.O.O. acquired a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,140 shares of the software company's stock, valued at approximately $633,000.

A number of other hedge funds have also made changes to their positions in ADSK. Tybourne Capital Management HK Ltd. boosted its stake in Autodesk by 1,800.3% during the fourth quarter. Tybourne Capital Management HK Ltd. now owns 129,826 shares of the software company's stock worth $38,373,000 after buying an additional 122,994 shares in the last quarter. Tairen Capital Ltd grew its position in shares of Autodesk by 1,180.0% in the 4th quarter. Tairen Capital Ltd now owns 25,600 shares of the software company's stock valued at $7,567,000 after purchasing an additional 23,600 shares during the period. Tidal Investments LLC boosted its position in Autodesk by 7.4% during the 4th quarter. Tidal Investments LLC now owns 82,707 shares of the software company's stock worth $24,446,000 after acquiring an additional 5,699 shares during the last quarter. State of Wyoming boosted its position in Autodesk by 152.1% during the 4th quarter. State of Wyoming now owns 920 shares of the software company's stock worth $272,000 after acquiring an additional 555 shares during the last quarter. Finally, Strategic Global Advisors LLC raised its stake in shares of Autodesk by 4.1% during the 4th quarter. Strategic Global Advisors LLC now owns 18,613 shares of the software company's stock worth $5,501,000 after purchasing an additional 731 shares in the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Trading Down 1.0%

NASDAQ:ADSK traded down $2.91 during trading hours on Wednesday, hitting $292.93. 1,831,081 shares of the company were exchanged, compared to its average volume of 1,628,039. 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 company has a fifty day simple moving average of $270.25 and a 200 day simple moving average of $286.61. The stock has a market capitalization of $62.67 billion, a price-to-earnings ratio of 58.12, a price-to-earnings-growth ratio of 2.94 and a beta of 1.47. Autodesk, Inc. has a one year low of $195.32 and a one year high of $326.62.

Insider Buying and Selling at Autodesk

In other news, CAO Stephen W. Hope sold 2,452 shares of Autodesk stock in a transaction on Friday, March 28th. The shares were sold at an average price of $267.29, for a total transaction of $655,395.08. Following the transaction, 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 legal filing with the SEC, which is available through this hyperlink. Also, Director John T. Cahill purchased 2,000 shares of the firm'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 purchase, the director now 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 0.15% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on ADSK. Rosenblatt Securities restated a "buy" rating and issued a $340.00 price target on shares of Autodesk in a research report on Tuesday. Oppenheimer reiterated an "outperform" rating on shares of Autodesk in a research note on Thursday, April 24th. Morgan Stanley decreased their price objective on Autodesk from $385.00 to $330.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Stifel Nicolaus reduced their target price on Autodesk from $350.00 to $310.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Finally, KeyCorp decreased their price target on Autodesk from $335.00 to $323.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Eight research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $323.59.

About 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.