Autodesk (ADSK) : Domini Social Investments scooped up 494 additional shares in Autodesk during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 6,554 shares of Autodesk which is valued at $379,280.Autodesk makes up approximately 10.34% of Domini Social Investments’s portfolio.
Other Hedge Funds, Including , Trexquant Investment Lp sold out all of its stake in ADSK during the most recent quarter. The investment firm sold 26,316 shares of ADSK which is valued $1.5 Million.Stephens Investment Management Group reduced its stake in ADSK by selling 1,925 shares or 8.42% in the most recent quarter. The Hedge Fund company now holds 20,925 shares of ADSK which is valued at $1.2 Million. Autodesk makes up approx 0.04% of Stephens Investment Management Group’s portfolio. Ausdal Financial Partners sold out all of its stake in ADSK during the most recent quarter. The investment firm sold 148 shares of ADSK which is valued $8,682.Bbva Compass Bancshares Inc boosted its stake in ADSK in the latest quarter, The investment management firm added 6,610 additional shares and now holds a total of 109,246 shares of Autodesk which is valued at $6.4 Million. Autodesk makes up approx 0.48% of Bbva Compass Bancshares Inc’s portfolio.
Autodesk closed down -1.33 points or -2.31% at $56.19 with 48,16,156 shares getting traded on Friday. Post opening the session at $57.3, the shares hit an intraday low of $55.35 and an intraday high of $57.98 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Autodesk reported $-0.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 19, 2016. Analyst had a consensus of $-0.14. The company had revenue of $511.90 million for the quarter, compared to analysts expectations of $513.00 million. The company’s revenue was down -20.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.
Many Wall Street Analysts have commented on Autodesk. Company shares were Reiterated by Wedbush on May 20, 2016 to “Neutral”, Firm has raised the Price Target to $ 57 from a previous price target of $55 .Company shares were Reiterated by Canaccord Genuity on May 20, 2016 to “Hold”, Firm has raised the Price Target to $ 60 from a previous price target of $55 .Company shares were Reiterated by Wedbush on May 12, 2016 to “Neutral”, Firm has raised the Price Target to $ 55 from a previous price target of $50 .
Autodesk Inc. (Autodesk) is a design software and services company offering customers productive business solutions through technology products and services. The Company serves customers in the architecture engineering and construction; manufacturing and digital media consumer and entertainment industries. The Company operates in four segments: Architecture Engineering and Construction (AEC) Platform Solutions and Emerging Business (PSEB) Manufacturing (MFG) and Media and Entertainment (M&E). The PSEB AEC and MFG segments offer a range of services including consulting support and training. The M&E segment offers software products to creative professionals post-production facilities and broadcasters for a variety of applications including feature films television programs commercials music and corporate videos interactive game production Web design and interactive Web streaming.