Bokf Na Has $2.14 Million Stock Holdings in Autodesk, Inc. (NASDAQ:ADSK)

Bokf Na lifted its position in Autodesk, Inc. (NASDAQ:ADSK) by 11.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,254 shares of the software company’s stock after acquiring an additional 826 shares during the period. Bokf Na’s holdings in Autodesk were worth $2,141,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of ADSK. Raymond James Financial Services Advisors Inc. raised its position in shares of Autodesk by 35.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 77,672 shares of the software company’s stock valued at $18,912,000 after acquiring an additional 20,156 shares during the period. Kingswood Wealth Advisors LLC raised its holdings in Autodesk by 6.6% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 1,143 shares of the software company’s stock worth $278,000 after buying an additional 71 shares during the period. Blue Trust Inc. raised its holdings in Autodesk by 17.7% during the 4th quarter. Blue Trust Inc. now owns 1,188 shares of the software company’s stock worth $289,000 after buying an additional 179 shares during the period. Global Retirement Partners LLC raised its holdings in Autodesk by 9.4% during the 4th quarter. Global Retirement Partners LLC now owns 4,436 shares of the software company’s stock worth $1,071,000 after buying an additional 382 shares during the period. Finally, Caprock Group LLC raised its holdings in Autodesk by 22.0% during the 4th quarter. Caprock Group LLC now owns 2,847 shares of the software company’s stock worth $693,000 after buying an additional 513 shares during the period. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on ADSK shares. Rosenblatt Securities restated a “buy” rating and set a $290.00 target price on shares of Autodesk in a report on Wednesday, June 12th. Mizuho lowered their price objective on shares of Autodesk from $270.00 to $230.00 and set a “neutral” rating on the stock in a report on Tuesday, June 4th. Morgan Stanley reiterated an “equal weight” rating and issued a $255.00 price objective on shares of Autodesk in a report on Wednesday, June 12th. Citigroup lifted their price objective on shares of Autodesk from $286.00 to $295.00 and gave the company a “buy” rating in a report on Wednesday, June 12th. Finally, Stifel Nicolaus lowered their price objective on shares of Autodesk from $316.00 to $290.00 and set a “buy” rating on the stock in a report on Thursday, May 23rd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $262.42.

Insider Activity

In other news, COO Steven M. Blum sold 17,413 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $226.40, for a total value of $3,942,303.20. Following the completion of the sale, the chief operating officer now owns 54,136 shares of the company’s stock, valued at $12,256,390.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, COO Steven M. Blum sold 19,693 shares of the business’s stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of $250.00, for a total value of $4,923,250.00. Following the completion of the transaction, the chief operating officer now owns 34,443 shares of the company’s stock, valued at $8,610,750. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Steven M. Blum sold 17,413 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $226.40, for a total value of $3,942,303.20. Following the completion of the transaction, the chief operating officer now directly owns 54,136 shares of the company’s stock, valued at approximately $12,256,390.40. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 39,381 shares of company stock valued at $9,401,282. 0.14% of the stock is owned by company insiders.

Autodesk Stock Performance

ADSK stock traded down $1.37 during midday trading on Friday, reaching $240.86. 1,267,132 shares of the company were exchanged, compared to its average volume of 1,220,368. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.69 and a quick ratio of 0.69. The business has a 50-day moving average price of $233.25 and a two-hundred day moving average price of $240.20. Autodesk, Inc. has a one year low of $192.01 and a one year high of $279.53. The firm has a market capitalization of $51.91 billion, a price-to-earnings ratio of 52.13, a price-to-earnings-growth ratio of 3.22 and a beta of 1.48.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Tuesday, June 11th. The software company reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.10. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Autodesk had a net margin of 17.66% and a return on equity of 65.46%. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.55 earnings per share. Equities research analysts forecast that Autodesk, Inc. will post 5.55 EPS for the current year.

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.