Xponance Inc. Has $15.19 Million Stock Holdings in Autodesk, Inc. (NASDAQ:ADSK)

Xponance Inc. lifted its stake in Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 17.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 58,015 shares of the software company's stock after purchasing an additional 8,724 shares during the quarter. Xponance Inc.'s holdings in Autodesk were worth $15,188,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of ADSK. Brighton Jones LLC boosted its position in Autodesk by 14.5% during the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company's stock worth $343,000 after acquiring an additional 147 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Autodesk during the fourth quarter valued at approximately $202,000. Independent Advisor Alliance increased its position in shares of Autodesk by 24.7% during the fourth quarter. Independent Advisor Alliance now owns 5,280 shares of the software company's stock valued at $1,561,000 after purchasing an additional 1,047 shares during the period. Sage Mountain Advisors LLC boosted its stake in Autodesk by 8.3% in the 4th quarter. Sage Mountain Advisors LLC now owns 1,035 shares of the software company's stock valued at $306,000 after buying an additional 79 shares in the last quarter. Finally, Citizens Financial Group Inc. RI boosted its stake in Autodesk by 22.1% in the 4th quarter. Citizens Financial Group Inc. RI now owns 1,249 shares of the software company's stock valued at $369,000 after buying an additional 226 shares in the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Autodesk

In other Autodesk news, EVP Rebecca Pearce sold 3,251 shares of the company's stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $315.00, for a total value of $1,024,065.00. Following the completion of the transaction, the executive vice president owned 19,440 shares of the company's stock, valued at $6,123,600. This represents a 14.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders sold 9,391 shares of company stock worth $2,909,885. 0.15% of the stock is owned by corporate insiders.

Autodesk Price Performance

Shares of ADSK stock traded down $5.72 on Friday, hitting $280.39. 2,441,762 shares of the company's stock were exchanged, compared to its average volume of 1,504,230. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.65 and a quick ratio of 0.65. Autodesk, Inc. has a 12 month low of $223.03 and a 12 month high of $326.62. The stock has a market cap of $60.00 billion, a P/E ratio of 60.04, a price-to-earnings-growth ratio of 2.75 and a beta of 1.44. The company has a 50 day moving average of $298.03 and a 200 day moving average of $285.95.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. KeyCorp reaffirmed an "overweight" rating and set a $350.00 price target (up previously from $323.00) on shares of Autodesk in a research note on Friday, May 23rd. BMO Capital Markets lifted their target price on Autodesk from $324.00 to $333.00 and gave the company a "market perform" rating in a research report on Friday, May 23rd. Wells Fargo & Company reaffirmed an "overweight" rating and set a $360.00 price target (up previously from $345.00) on shares of Autodesk in a research report on Friday, May 23rd. Barclays boosted their price target on Autodesk from $325.00 to $355.00 and gave the stock an "overweight" rating in a research report on Friday, May 23rd. Finally, Scotiabank lowered their price target on Autodesk from $360.00 to $315.00 and set a "sector outperform" rating on the stock in a research report on Monday, March 17th. Six research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $343.64.

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.