Autodesk, Inc. (NASDAQ:ADSK – Get Free Report) CEO Andrew Anagnost sold 21,053 shares of the stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of $259.99, for a total value of $5,473,569.47. Following the sale, the chief executive officer now directly owns 105,213 shares in the company, valued at $27,354,327.87. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Autodesk Trading Down 0.2 %
Shares of ADSK traded down $0.55 on Thursday, hitting $260.42. 896,025 shares of the stock traded hands, compared to its average volume of 1,300,215. The company has a quick ratio of 0.75, a current ratio of 0.82 and a debt-to-equity ratio of 1.23. The firm has a market capitalization of $55.70 billion, a P/E ratio of 61.86, a P/E/G ratio of 3.60 and a beta of 1.43. The stock’s 50 day moving average is $256.81 and its two-hundred day moving average is $231.52. Autodesk, Inc. has a 1 year low of $188.38 and a 1 year high of $279.53.
Autodesk (NASDAQ:ADSK – Get Free Report) last announced its quarterly earnings data on Thursday, February 29th. The software company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.14. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.43 billion. Autodesk had a net margin of 16.48% and a return on equity of 75.01%. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.26 earnings per share. As a group, sell-side analysts predict that Autodesk, Inc. will post 5.37 earnings per share for the current year.
Analyst Ratings Changes
Check Out Our Latest Report on ADSK
Hedge Funds Weigh In On Autodesk
Large investors have recently bought and sold shares of the stock. Garner Asset Management Corp acquired a new stake in shares of Autodesk in the fourth quarter worth $26,000. Ables Iannone Moore & Associates Inc. acquired a new stake in Autodesk during the 4th quarter valued at $25,000. Bfsg LLC acquired a new stake in Autodesk during the 4th quarter valued at $27,000. Rakuten Securities Inc. acquired a new stake in Autodesk during the 4th quarter valued at $28,000. Finally, Harbour Investments Inc. grew its holdings in Autodesk by 76.9% during the 4th quarter. Harbour Investments Inc. now owns 115 shares of the software company’s stock valued at $28,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.
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.
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