Goldstein Advisors LLC Has $234,000 Stock Holdings in Autodesk, Inc. (NASDAQ:ADSK)

Goldstein Advisors LLC boosted its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 790 shares of the software company’s stock after acquiring an additional 46 shares during the period. Goldstein Advisors LLC’s holdings in Autodesk were worth $234,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Marshall Financial Group LLC grew its stake in shares of Autodesk by 0.8% in the 3rd quarter. Marshall Financial Group LLC now owns 4,491 shares of the software company’s stock valued at $1,237,000 after purchasing an additional 35 shares during the period. Grove Bank & Trust grew its stake in shares of Autodesk by 9.2% in the 4th quarter. Grove Bank & Trust now owns 440 shares of the software company’s stock valued at $130,000 after purchasing an additional 37 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Autodesk by 11.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 357 shares of the software company’s stock valued at $106,000 after purchasing an additional 38 shares during the period. Avitas Wealth Management LLC grew its stake in shares of Autodesk by 0.8% in the 3rd quarter. Avitas Wealth Management LLC now owns 5,577 shares of the software company’s stock valued at $1,536,000 after purchasing an additional 42 shares during the period. Finally, CHICAGO TRUST Co NA grew its stake in shares of Autodesk by 1.4% in the 4th quarter. CHICAGO TRUST Co NA now owns 3,045 shares of the software company’s stock valued at $900,000 after purchasing an additional 42 shares during the period. 90.24% of the stock is currently owned by institutional investors.

Autodesk Trading Up 1.5 %

Shares of NASDAQ:ADSK opened at $301.45 on Thursday. Autodesk, Inc. has a 52-week low of $195.32 and a 52-week high of $326.62. The company has a market capitalization of $64.81 billion, a P/E ratio of 59.81, a price-to-earnings-growth ratio of 3.50 and a beta of 1.42. The company has a 50-day simple moving average of $299.50 and a 200 day simple moving average of $276.63. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.65 and a current ratio of 0.65.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Tuesday, November 26th. The software company reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.12 by $0.05. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.56 billion. Autodesk had a net margin of 18.30% and a return on equity of 53.87%. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the business posted $1.33 earnings per share. Sell-side analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ADSK has been the topic of a number of research analyst reports. Hsbc Global Res lowered Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 29th. Macquarie initiated coverage on Autodesk in a research report on Thursday, December 12th. They set an “outperform” rating and a $380.00 price target on the stock. KeyCorp increased their price target on Autodesk from $325.00 to $330.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Stifel Nicolaus upped their price objective on Autodesk from $340.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Finally, Wells Fargo & Company upped their price objective on Autodesk from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Nine investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat.com, Autodesk presently has a consensus rating of “Moderate Buy” and an average price target of $326.05.

Insider Activity

In other Autodesk news, Director Mary T. Mcdowell sold 550 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $305.06, for a total transaction of $167,783.00. Following the sale, the director now owns 30,249 shares of the company’s stock, valued at approximately $9,227,759.94. The trade was a 1.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.14% of the stock is owned by company insiders.

Autodesk 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.