Larson Financial Group LLC Buys 117 Shares of Autodesk, Inc. (NASDAQ:ADSK)

Larson Financial Group LLC boosted its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,521 shares of the software company’s stock after acquiring an additional 117 shares during the period. Larson Financial Group LLC’s holdings in Autodesk were worth $745,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Bank Julius Baer & Co. Ltd Zurich bought a new position in Autodesk in the 4th quarter worth $154,408,000. Ashton Thomas Private Wealth LLC lifted its position in shares of Autodesk by 2.4% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 3,241 shares of the software company’s stock valued at $958,000 after acquiring an additional 75 shares in the last quarter. Callan Family Office LLC bought a new position in shares of Autodesk in the fourth quarter worth about $922,000. E Fund Management Co. Ltd. boosted its stake in shares of Autodesk by 35.1% in the fourth quarter. E Fund Management Co. Ltd. now owns 6,983 shares of the software company’s stock worth $2,064,000 after acquiring an additional 1,816 shares during the period. Finally, Candriam S.C.A. grew its position in shares of Autodesk by 17.5% during the fourth quarter. Candriam S.C.A. now owns 310,139 shares of the software company’s stock worth $91,668,000 after purchasing an additional 46,191 shares in the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Autodesk Price Performance

Autodesk stock opened at $259.75 on Monday. Autodesk, Inc. has a 12-month low of $195.32 and a 12-month high of $326.62. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.76. The firm has a 50-day moving average price of $293.21 and a 200-day moving average price of $287.95. The firm has a market capitalization of $55.85 billion, a PE ratio of 51.54, a price-to-earnings-growth ratio of 2.94 and a beta of 1.51.

Analyst Ratings Changes

A number of research firms recently commented on ADSK. Wells Fargo & Company boosted their price target on Autodesk from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Oppenheimer boosted their target price on shares of Autodesk from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday, November 22nd. Scotiabank assumed coverage on shares of Autodesk in a research note on Monday, November 18th. They set a “sector outperform” rating and a $360.00 target price for the company. Mizuho upgraded shares of Autodesk from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $280.00 to $400.00 in a research note on Tuesday, January 28th. Finally, Citigroup decreased their price target on shares of Autodesk from $361.00 to $339.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. Seven investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $338.43.

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.