Trillium Asset Management LLC Sells 1,754 Shares of Autodesk, Inc. (NASDAQ:ADSK)

Trillium Asset Management LLC lessened its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 4.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 36,789 shares of the software company’s stock after selling 1,754 shares during the quarter. Trillium Asset Management LLC’s holdings in Autodesk were worth $10,873,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in Autodesk in the 4th quarter valued at $25,000. Tradewinds Capital Management LLC grew its position in Autodesk by 100.0% in 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 grew its position in Autodesk by 157.4% in 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. Central Pacific Bank Trust Division bought a new position in Autodesk in the 4th quarter valued at $37,000. Finally, Sierra Ocean LLC bought a new position in Autodesk in the 4th quarter valued at $39,000. Institutional investors own 90.24% of the company’s stock.

Autodesk Price Performance

Shares of NASDAQ ADSK opened at $259.95 on Wednesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market cap of $55.37 billion, a PE ratio of 51.58, a P/E/G ratio of 2.94 and a beta of 1.51. The business has a 50-day simple moving average of $287.48 and a two-hundred day simple moving average of $287.83. Autodesk, Inc. has a fifty-two week low of $195.32 and a fifty-two week high of $326.62.

Wall Street Analyst Weigh In

ADSK has been the topic of a number of recent research reports. Barclays increased their price target on Autodesk from $355.00 to $365.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. BMO Capital Markets increased their price target on Autodesk from $287.00 to $308.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 27th. Macquarie reissued an “outperform” rating and set a $360.00 price target on shares of Autodesk in a research report on Friday, February 28th. Stifel Nicolaus dropped their price target on Autodesk from $360.00 to $350.00 and set a “buy” rating on the stock in a research report on Friday, February 28th. Finally, Bank of America increased their price target on Autodesk from $325.00 to $335.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 4th. Seven research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $336.29.

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.