J. Safra Sarasin Holding AG Has $12.28 Million Position in Autodesk, Inc. (NASDAQ:ADSK)

J. Safra Sarasin Holding AG increased its stake in Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 41.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 41,559 shares of the software company's stock after acquiring an additional 12,201 shares during the quarter. J. Safra Sarasin Holding AG's holdings in Autodesk were worth $12,284,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Golden State Wealth Management LLC acquired a new position in shares of Autodesk during the 4th quarter worth approximately $25,000. Tradewinds Capital Management LLC boosted its holdings in Autodesk by 100.0% during the 4th quarter. Tradewinds Capital Management LLC now owns 100 shares of the software company's stock valued at $30,000 after acquiring an additional 50 shares during the period. Mizuho Securities Co. Ltd. acquired a new position in shares of Autodesk in the fourth quarter valued at approximately $30,000. Addison Advisors LLC increased its position in shares of Autodesk by 157.4% during the fourth quarter. Addison Advisors LLC now owns 121 shares of the software company's stock worth $36,000 after acquiring an additional 74 shares during the period. Finally, Central Pacific Bank Trust Division acquired a new stake in Autodesk in the 4th quarter valued at about $37,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Stock Performance

Autodesk stock traded down $1.78 on Friday, reaching $269.93. 1,308,090 shares of the stock were exchanged, compared to its average volume of 1,636,255. The stock has a market cap of $57.50 billion, a PE ratio of 53.56, a PEG ratio of 2.94 and a beta of 1.49. The firm has a fifty day moving average price of $264.44 and a two-hundred day moving average price of $286.59. Autodesk, Inc. has a twelve month low of $195.32 and a twelve 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.

Insider Transactions at Autodesk

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

Analyst Upgrades and Downgrades

ADSK has been the subject of several recent analyst reports. Robert W. Baird decreased their price objective on shares of Autodesk from $345.00 to $336.00 and set an "outperform" rating for the company in a research report on Friday, February 28th. Oppenheimer reiterated an "outperform" rating on shares of Autodesk in a research report on Thursday. Citigroup decreased their price objective on Autodesk from $361.00 to $339.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. Mizuho lowered their target price on shares of Autodesk from $400.00 to $350.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Finally, Bank of America upped their price objective on Autodesk from $325.00 to $335.00 and gave the stock a "neutral" rating in a report on Tuesday, February 4th. Eight investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $321.36.

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.