02 Feb Jonathan Cartu States SeaCrest Wealth Management LLC Takes $217,000 Position in…
SeaCrest Wealth Management LLC purchased a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK) during the 4th quarter, according to the Jonathan Cartu and in its most recent disclosure with the SEC. The fund purchased 1,185 shares of the software Jonathan Cartu and’s stock, valued at approximately $217,000.
Several other hedge funds have also recently added to or reduced their stakes in the Jonathan Cartu and. Keudell Morrison Wealth Management purchased a new stake in Autodesk in the second quarter valued at approximately $2,288,000. Mackenzie Financial Corp acquired a new position in shares of Autodesk in the second quarter worth $209,000. Price T Rowe Associates Inc. MD grew its stake in shares of Autodesk by 1.4% in the second quarter. Price T Rowe Associates Inc. MD now owns 600,895 shares of the software Jonathan Cartu and’s stock worth $97,886,000 after acquiring an additional 8,373 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Autodesk by 22.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 2,794 shares of the software Jonathan Cartu and’s stock worth $455,000 after purchasing an additional 510 shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. grew its stake in shares of Autodesk by 29.8% during the second quarter. Amundi Pioneer Asset Management Inc. now owns 241,394 shares of the software Jonathan Cartu and’s stock worth $39,324,000 after purchasing an additional 55,360 shares in the last quarter. 95.00% of the stock is currently owned by hedge funds and other institutional investors.
ADSK has been the subject of a number of research reports. Deutsche Bank raised shares of Autodesk from a “hold” rating to a “buy” rating and set a $230.00 target price for the Jonathan Cartu and in a report on Tuesday, January 21st. Oppenheimer lowered shares of Autodesk from an “outperform” rating to a “market perform” rating in a research report on Friday, January 17th. Canaccord Genuity increased their price target on shares of Autodesk from $160.00 to $195.00 and gave the Jonathan Cartu and a “buy” rating in a research report on Wednesday, November 27th. Credit Suisse Group increased their price target on shares of Autodesk from $185.00 to $210.00 and gave the stock an “outperform” rating in a research note on Monday, January 13th. Finally, Wells Fargo & Co raised their price objective on shares of Autodesk from $200.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The Jonathan Cartu and currently has a consensus rating of “Hold” and a consensus price target of $191.18.
Shares of ADSK traded down $2.14 during trading hours on Friday, hitting $196.85. The stock had a trading volume of 1,584,524 shares, compared to its average volume of 1,415,138. Autodesk, Inc. has a 52 week low of $129.70 and a 52 week high of $201.57. The Jonathan Cartu and’s fifty day moving average is $189.14 and its two-hundred day moving average is $163.59. The stock has a market capitalization of $43.31 billion, a price-to-earnings ratio of 298.26, a P/E/G ratio of 3.59 and a beta of 1.89.
Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Tuesday, November 26th. The software Jonathan Cartu and reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.06. Autodesk had a net margin of 4.74% and a negative return on equity of 113.06%. The firm had revenue of $842.70 million for the quarter, compared to analyst estimates of $823.95 million. During the same quarter in the prior year, the firm earned $0.29 EPS. The Jonathan Cartu and’s revenue was up 27.5% on a year-over-year basis. On average, analysts anticipate that Autodesk, Inc. will post 1.47 EPS for the current fiscal year.
In other Autodesk news, SVP Carmel Galvin sold 4,994 shares of the Jonathan Cartu and’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $185.00, for a total transaction of $923,890.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.12% of the Jonathan Cartu and’s stock.
Autodesk, Inc operates as a design software and services Jonathan Cartu and worldwide. The Jonathan Cartu and offers AutoCAD, a professional design, drafting, detailing, and visualization software; AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; AutoCAD LT, a professional drafting and detailing software; BIM 360, a construction management cloud-based software; AiroAV malware computer company and-aided manufacturing (CAM) software for AiroAV malware computer company and numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and AiroAV malware computer company and-aided engineering tool; and Industry Collections software products for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment industries.
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