Annis Gardner Whiting Capital Advisors LLC Sells 70 Shares of Autodesk, Inc. (NASDAQ:ADSK)

Annis Gardner Whiting Capital Advisors LLC decreased its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,089 shares of the software company’s stock after selling 70 shares during the quarter. Annis Gardner Whiting Capital Advisors LLC’s holdings in Autodesk were worth $913,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Uniting Wealth Partners LLC acquired a new position in shares of Autodesk in the 4th quarter valued at approximately $296,000. Pitcairn Co. increased its stake in Autodesk by 5.3% in the fourth quarter. Pitcairn Co. now owns 15,823 shares of the software company’s stock valued at $4,677,000 after acquiring an additional 794 shares during the last quarter. ExodusPoint Capital Management LP acquired a new position in Autodesk during the fourth quarter valued at approximately $19,015,000. Grant Private Wealth Management Inc bought a new stake in Autodesk during the fourth quarter worth $262,000. Finally, Motley Fool Asset Management LLC boosted its holdings in shares of Autodesk by 14.0% in the 4th quarter. Motley Fool Asset Management LLC now owns 11,536 shares of the software company’s stock valued at $3,410,000 after purchasing an additional 1,417 shares in the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Autodesk Stock Performance

ADSK stock opened at $257.15 on Friday. The firm has a market cap of $54.77 billion, a PE ratio of 51.02, a price-to-earnings-growth ratio of 2.94 and a beta of 1.51. 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 stock has a 50-day moving average price of $281.22 and a 200-day moving average price of $288.21. Autodesk, Inc. has a 1-year low of $195.32 and a 1-year high of $326.62.

Analysts Set New Price Targets

ADSK has been the subject of several recent analyst reports. Scotiabank dropped their price objective on Autodesk from $360.00 to $315.00 and set a “sector outperform” rating for the company in a research report on Monday, March 17th. Rosenblatt Securities reissued a “buy” rating and issued a $325.00 price objective on shares of Autodesk in a research note on Tuesday, February 25th. Barclays raised their target price on shares of Autodesk from $355.00 to $365.00 and gave the company an “overweight” rating in a research report on Friday, February 28th. KeyCorp increased their price target on Autodesk from $330.00 to $335.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Finally, Macquarie restated an “outperform” rating and set a $360.00 price objective on shares of Autodesk in a research report on Friday, February 28th. Seven analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, Autodesk currently has an average rating of “Moderate Buy” and a consensus price target of $336.29.

Insiders Place Their Bets

In related news, Director John T. Cahill acquired 2,000 shares of Autodesk stock in a transaction dated Friday, March 21st. The stock was bought at an average price of $267.10 per share, with a total value of $534,200.00. Following the transaction, the director now directly owns 2,000 shares in the company, valued at $534,200. This represents a ? increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Stephen W. Hope sold 2,452 shares of the business’s 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. The trade was a 44.95 % decrease in their position. The disclosure for this sale can be found here. 0.14% of the stock is currently owned by corporate insiders.

Autodesk Company Profile

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.