Sentiment for Autodesk Inc (NASDAQ:ADSK)
Autodesk Inc (NASDAQ:ADSK) institutional sentiment increased to 1.1 in 2018 Q4. Its up 0.06, from 1.04 in 2018Q3. The ratio is better, as 252 active investment managers started new and increased holdings, while 230 sold and trimmed equity positions in Autodesk Inc. The active investment managers in our partner’s database now have: 204.24 million shares, up from 198.74 million shares in 2018Q3. Also, the number of active investment managers holding Autodesk Inc in their top 10 holdings increased from 20 to 21 for an increase of 1. Sold All: 55 Reduced: 175 Increased: 183 New Position: 69.
Autodesk, Inc. operates as a design software and services firm worldwide. The company has market cap of $38.90 billion. It operates through Architecture, Engineering, and Construction; Manufacturing; Platform Solutions and Emerging Business; and Media and Entertainment divisions. It currently has negative earnings. The firm offers AutoCAD, a professional design, drafting, detailing, and visualization software; and AutoCAD LT, a professional drafting and detailing software; Maya and 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and Revit software for building information modeling.
The stock increased 1.94% or $3.36 during the last trading session, reaching $176.68. About 1.20 million shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 37.52% since May 16, 2018 and is uptrending. It has outperformed by 33.15% the S&P500.
Analysts await Autodesk, Inc. (NASDAQ:ADSK) to report earnings on May, 23 after the close. They expect $0.21 EPS, up 210.53 % or $0.40 from last year’s $-0.19 per share. ADSK’s profit will be $46.23 million for 210.33 P/E if the $0.21 EPS becomes a reality. After $0.20 actual EPS reported by Autodesk, Inc. for the previous quarter, Wall Street now forecasts 5.00 % EPS growth.
Hmi Capital Llc holds 12.45% of its portfolio in Autodesk, Inc. for 849,220 shares. Sachem Head Capital Management Lp owns 1.29 million shares or 10.12% of their US portfolio. Moreover, Darsana Capital Partners Lp has 9.82% invested in the company for 1.83 million shares. The New York-based Shannon River Fund Management Llc has invested 7.43% in the stock. Lateef Investment Management L.P., a California-based fund reported 303,073 shares.
Autodesk, Inc. (NASDAQ:ADSK) Ratings Coverage
Ratings analysis reveals 71% of Autodesk’s analysts are positive. Out of 14 Wall Street analysts rating Autodesk, 10 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $91 while the high is $200. The stock’s average target of $176.29 is -0.22% below today’s ($176.68) share price. ADSK was included in 26 notes of analysts from November 21, 2018. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Buy” rating given on Friday, March 1 by Canaccord Genuity. The rating was maintained by Oppenheimer with “Buy” on Friday, March 1. On Monday, February 25 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Buy” rating given on Monday, February 25 by Barclays Capital. Evercore maintained Autodesk, Inc. (NASDAQ:ADSK) rating on Wednesday, March 20. Evercore has “Buy” rating and $190 target. The rating was maintained by Evercore with “Buy” on Wednesday, February 20. The firm earned “Hold” rating on Monday, March 4 by Wedbush. KeyBanc Capital Markets maintained the shares of ADSK in report on Wednesday, April 10 with “Overweight” rating. Canaccord Genuity maintained the stock with “Buy” rating in Monday, March 25 report. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, March 1.
More notable recent Autodesk, Inc. (NASDAQ:ADSK) news were published by: Seekingalpha.com which released: “Autodesk: Time To Lock In Gains – Seeking Alpha” on April 18, 2019, also Nasdaq.com with their article: “Noteworthy Monday Option Activity: DBD, ADSK, CRI – Nasdaq” published on April 29, 2019, Seekingalpha.com published: “What Makes Autodesk A Strong Buy – Seeking Alpha” on March 07, 2019. More interesting news about Autodesk, Inc. (NASDAQ:ADSK) were released by: Investorplace.com and their article: “6 Big Growth ETFs for Long-Term Investors – Investorplace.com” published on April 17, 2019 as well as Streetinsider.com‘s news article titled: “JANA Partners Raises ConAgra Foods (CAG) & SPY, Lowers or Liquidates All Else – StreetInsider.com” with publication date: May 15, 2019.