Autodesk, Inc. (NASDAQ:ADSK) Shares Acquired by APG Asset Management N.V.

APG Asset Management N.V. increased its holdings in Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 535.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,437 shares of the software company's stock after acquiring an additional 114,130 shares during the quarter. APG Asset Management N.V. owned about 0.06% of Autodesk worth $38,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of ADSK. Golden State Wealth Management LLC bought a new position in shares of Autodesk during the fourth quarter valued at approximately $25,000. Tradewinds Capital Management LLC increased its position 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 buying an additional 50 shares in the last quarter. Mizuho Securities Co. Ltd. purchased a new position in Autodesk during the fourth quarter valued at $30,000. Addison Advisors LLC boosted its holdings in Autodesk by 157.4% in 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 in the last quarter. Finally, Central Pacific Bank Trust Division purchased a new stake in shares of Autodesk in the fourth quarter worth $37,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Autodesk

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

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Analyst Ratings Changes

ADSK has been the topic of a number of analyst reports. Macquarie reiterated an "outperform" rating and issued a $360.00 price target on shares of Autodesk in a research note on Friday, February 28th. Piper Sandler upgraded shares of Autodesk from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $311.00 to $357.00 in a research note on Wednesday, January 8th. KeyCorp increased their price target on shares of Autodesk from $330.00 to $335.00 and gave the company an "overweight" rating in a report on Friday, February 28th. 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 report on Friday, February 28th. Finally, DA Davidson increased their target price on Autodesk from $275.00 to $285.00 and gave the company a "neutral" rating in a research note on Friday, February 28th. Eight equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $327.82.

Autodesk Stock Up 0.9 %

Shares of ADSK traded up $2.37 during midday trading on Monday, reaching $260.82. 274,641 shares of the stock were exchanged, compared to its average volume of 1,690,848. 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 company's 50 day moving average is $272.44 and its two-hundred day moving average is $287.38. The company has a market capitalization of $55.55 billion, a P/E ratio of 51.75, a PEG ratio of 2.94 and a beta of 1.49. Autodesk, Inc. has a 52 week low of $195.32 and a 52 week high of $326.62.

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.