Callan Family Office LLC Takes $922,000 Position in Autodesk, Inc. (NASDAQ:ADSK)

Callan Family Office LLC purchased a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 3,118 shares of the software company’s stock, valued at approximately $922,000.

Other institutional investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC purchased a new stake in shares of Autodesk during the 4th quarter valued at about $25,000. Transcendent Capital Group LLC purchased a new stake in shares of Autodesk during the 3rd quarter valued at about $28,000. Tradewinds Capital Management LLC boosted its holdings in shares of 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 last quarter. Addison Advisors LLC boosted its holdings in shares of Autodesk by 157.4% during the 4th quarter. Addison Advisors LLC now owns 121 shares of the software company’s stock valued at $36,000 after acquiring an additional 74 shares during the last quarter. Finally, Central Pacific Bank Trust Division purchased a new stake in shares of Autodesk during the 4th quarter valued at about $37,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analyst Upgrades and Downgrades

ADSK has been the topic of a number of recent analyst reports. Robert W. Baird dropped their price target on shares of Autodesk from $345.00 to $336.00 and set an “outperform” rating on the stock in a report on Friday, February 28th. Barclays raised their price objective on shares of Autodesk from $355.00 to $365.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. Oppenheimer raised their price objective on shares of Autodesk from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday, November 22nd. Hsbc Global Res downgraded shares of Autodesk from a “strong-buy” rating to a “hold” rating in a report on Friday, November 29th. Finally, Citigroup dropped their price objective on shares of Autodesk from $361.00 to $339.00 and set a “buy” rating on the stock in a report on Thursday, February 27th. Seven research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $338.43.

Autodesk Trading Down 0.2 %

Autodesk stock opened at $259.75 on Friday. The stock has a market cap of $55.85 billion, a P/E ratio of 51.54, a PEG ratio of 2.94 and a beta of 1.51. 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 1 year low of $195.32 and a 1 year high of $326.62. The firm’s 50 day moving average price is $293.21 and its 200-day moving average price is $287.69.

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.