Natural Investments LLC Buys Shares of 7,547 Autodesk, Inc. (NASDAQ:ADSK)

Natural Investments LLC bought a new stake in Autodesk, Inc. (NASDAQ:ADSK) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 7,547 shares of the software company’s stock, valued at approximately $2,230,000.

Several other hedge funds have also recently bought and sold shares of the company. Mount Yale Investment Advisors LLC boosted its stake in shares of Autodesk by 1.9% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,864 shares of the software company’s stock valued at $551,000 after purchasing an additional 35 shares in the last quarter. Y.D. More Investments Ltd boosted its stake in shares of Autodesk by 1.0% in the 4th quarter. Y.D. More Investments Ltd now owns 3,384 shares of the software company’s stock valued at $1,000,000 after purchasing an additional 35 shares in the last quarter. Grove Bank & Trust boosted 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 in the last quarter. Journey Strategic Wealth LLC boosted its stake in shares of Autodesk by 4.6% in the 4th quarter. Journey Strategic Wealth LLC now owns 835 shares of the software company’s stock valued at $247,000 after purchasing an additional 37 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in Autodesk by 11.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 357 shares of the software company’s stock worth $106,000 after buying an additional 38 shares during the period. 90.24% of the stock is owned by institutional investors.

Autodesk Price Performance

Shares of NASDAQ:ADSK opened at $248.40 on Tuesday. The company’s 50-day moving average is $292.23 and its 200 day moving average is $287.94. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market capitalization of $53.41 billion, a P/E ratio of 49.29, a price-to-earnings-growth ratio of 2.94 and a beta of 1.51. Autodesk, Inc. has a fifty-two week low of $195.32 and a fifty-two week high of $326.62.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Oppenheimer lifted their target price on shares of Autodesk from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, November 22nd. Stifel Nicolaus lowered their price target on shares of Autodesk from $360.00 to $350.00 and set a “buy” rating for the company in a report on Friday, February 28th. HSBC lowered shares of Autodesk from a “buy” rating to a “hold” rating and set a $290.00 price target for the company. in a report on Friday, November 29th. Macquarie reiterated an “outperform” rating and issued a $360.00 price objective on shares of Autodesk in a research note on Friday, February 28th. Finally, KeyCorp lifted their price objective on shares of Autodesk from $330.00 to $335.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Seven equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat, Autodesk presently has an average rating of “Moderate Buy” and a consensus price target of $338.43.

About Autodesk

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.