Copperwynd Financial LLC Increases Holdings in Autodesk, Inc. (NASDAQ:ADSK)

Copperwynd Financial LLC lifted its holdings in Autodesk, Inc. (NASDAQ:ADSKFree Report) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,523 shares of the software company’s stock after purchasing an additional 79 shares during the quarter. Copperwynd Financial LLC’s holdings in Autodesk were worth $614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of ADSK. Bfsg LLC purchased a new position in shares of Autodesk in the fourth quarter worth $27,000. Rakuten Securities Inc. purchased a new position in shares of Autodesk in the fourth quarter worth $28,000. Private Wealth Management Group LLC bought a new stake in shares of Autodesk in the fourth quarter worth $31,000. First United Bank & Trust bought a new stake in shares of Autodesk in the fourth quarter worth $34,000. Finally, Operose Advisors LLC bought a new stake in shares of Autodesk in the third quarter worth $35,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Autodesk Price Performance

NASDAQ:ADSK opened at $212.00 on Wednesday. Autodesk, Inc. has a 12 month low of $192.01 and a 12 month high of $279.53. The company has a current ratio of 0.82, a quick ratio of 0.75 and a debt-to-equity ratio of 1.23. The business’s 50-day moving average is $224.25 and its 200 day moving average is $237.22. The company has a market capitalization of $45.68 billion, a P/E ratio of 50.36, a P/E/G ratio of 2.90 and a beta of 1.43.

Analyst Ratings Changes

Several analysts recently commented on the company. BMO Capital Markets lifted their price objective on Autodesk from $232.00 to $293.00 and gave the stock a “market perform” rating in a report on Friday, March 1st. Rosenblatt Securities lifted their price objective on Autodesk from $265.00 to $290.00 and gave the stock a “buy” rating in a report on Friday, March 1st. Piper Sandler Companies boosted their price target on Autodesk from $234.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, March 1st. Berenberg Bank lowered Autodesk from a “buy” rating to a “hold” rating and set a $295.00 price target for the company. in a report on Wednesday, May 1st. Finally, StockNews.com lowered Autodesk from a “strong-buy” rating to a “buy” rating in a report on Friday, April 26th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Autodesk has an average rating of “Hold” and an average target price of $269.05.

View Our Latest Stock Analysis on ADSK

Insider Buying and Selling at Autodesk

In other Autodesk news, Director Mary T. Mcdowell sold 550 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $256.66, for a total transaction of $141,163.00. Following the sale, the director now directly owns 33,216 shares in the company, valued at $8,525,218.56. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director Mary T. Mcdowell sold 550 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $256.66, for a total value of $141,163.00. Following the sale, the director now directly owns 33,216 shares in the company, valued at $8,525,218.56. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Stephen W. Hope sold 1,757 shares of the stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $260.47, for a total value of $457,645.79. Following the completion of the sale, the chief accounting officer now owns 3,450 shares in the company, valued at $898,621.50. The disclosure for this sale can be found here. Insiders have sold a total of 30,616 shares of company stock worth $7,944,448 over the last ninety days. Company insiders own 0.14% of the company’s stock.

Autodesk Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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