Autodesk INC (ADSK) Holder White Elm Capital LLC Lowered Stake as Share Price Rose

Autodesk, Inc. (NASDAQ:ADSK) LogoInvestors sentiment increased to 1.33 in 2018 Q2. Its up 0.29, from 1.04 in 2018Q1. It improved, as 44 investors sold ADSK shares while 151 reduced holdings. 66 funds opened positions while 193 raised stakes. 205.23 million shares or 1.89% more from 201.43 million shares in 2018Q1 were reported. Eagle Asset Management, Florida-based fund reported 495,107 shares. Pdt Ptnrs Limited reported 208,500 shares stake. Utah Retirement owns 40,615 shares. Manufacturers Life The has 323,300 shares for 0.05% of their portfolio. Stifel Finance holds 0.08% or 197,197 shares in its portfolio. Ithaka Group owns 85,860 shares for 1.75% of their portfolio. Susquehanna Intl Gru Limited Liability Partnership reported 9,802 shares stake. 39,636 were reported by Cibc World Mkts. Invest House Lc has invested 0.74% in Autodesk, Inc. (NASDAQ:ADSK). Teacher Retirement Systems Of Texas owns 0.11% invested in Autodesk, Inc. (NASDAQ:ADSK) for 131,079 shares. Alliancebernstein Lp has invested 0.03% in Autodesk, Inc. (NASDAQ:ADSK). Fiduciary Tru holds 0.01% or 3,677 shares in its portfolio. Eastern Bancorporation owns 2,087 shares. Whittier holds 482 shares. Moreover, Conning Inc has 0.02% invested in Autodesk, Inc. (NASDAQ:ADSK).

Since June 7, 2018, it had 0 buys, and 4 selling transactions for $5.33 million activity. Shares for $783,907 were sold by NORRINGTON LORRIE M. $3.50 million worth of Autodesk, Inc. (NASDAQ:ADSK) shares were sold by Anagnost Andrew. The insider BLASING KAREN sold $48,349. Di Fronzo Pascal W also sold $997,120 worth of Autodesk, Inc. (NASDAQ:ADSK) shares.

White Elm Capital Llc decreased its stake in Autodesk Inc (ADSK) by 21.62% based on its latest 2018Q2 regulatory filing with the SEC. White Elm Capital Llc sold 42,100 shares as the company’s stock rose 9.93% with the market. The hedge fund held 152,615 shares of the technology company at the end of 2018Q2, valued at $20.01 million, down from 194,715 at the end of the previous reported quarter. White Elm Capital Llc who had been investing in Autodesk Inc for a number of months, seems to be less bullish one the $28.98 billion market cap company. The stock decreased 5.40% or $7.57 during the last trading session, reaching $132.57. About 2.10M shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 29.80% since December 8, 2017 and is uptrending. It has outperformed by 14.18% the S&P500.

White Elm Capital Llc, which manages about $1.86B and $418.56M US Long portfolio, upped its stake in Black Knight Inc by 60,100 shares to 165,400 shares, valued at $8.86M in 2018Q2, according to the filing.

Analysts await Autodesk, Inc. (NASDAQ:ADSK) to report earnings on March, 5. They expect $0.18 earnings per share, up 150.00 % or $0.54 from last year’s $-0.36 per share. ADSK’s profit will be $39.35M for 184.13 P/E if the $0.18 EPS becomes a reality. After $0.01 actual earnings per share reported by Autodesk, Inc. for the previous quarter, Wall Street now forecasts 1,700.00 % EPS growth.

More notable recent Autodesk, Inc. (NASDAQ:ADSK) news were published by: Seekingalpha.com which released: “Autodesk: A Holiday Bargain – Seeking Alpha” on November 26, 2018, also Nasdaq.com with their article: “3 Top Companies’ Strategies for Hiring and Retaining Women in STEM – Nasdaq” published on December 05, 2018, Nasdaq.com published: “Why Autodesk, Inc. Has Risen 31.3% in 2018 – Nasdaq” on July 13, 2018. More interesting news about Autodesk, Inc. (NASDAQ:ADSK) were released by: Nasdaq.com and their article: “Autodesk Consistently Adds to Earnings-Driven After-Hours Trade in Next Day’s Regular Session – Nasdaq” published on November 20, 2018 as well as Seekingalpha.com‘s news article titled: “Autodesk To Acquire PlanGrid For Construction Management Solution – Seeking Alpha” with publication date: November 26, 2018.

Autodesk, Inc. (NASDAQ:ADSK) Ratings Coverage

Among 11 analysts covering Autodesk (NASDAQ:ADSK), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Autodesk had 13 analyst reports since June 25, 2018 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Overweight” on Friday, August 24. Deutsche Bank maintained it with “Buy” rating and $160 target in Monday, June 25 report. The firm earned “Outperform” rating on Friday, August 24 by Oppenheimer. Credit Suisse maintained the shares of ADSK in report on Friday, August 24 with “Outperform” rating. Robert W. Baird maintained it with “Outperform” rating and $165 target in Friday, August 24 report. The firm earned “Overweight” rating on Friday, August 24 by KeyBanc Capital Markets. The stock has “Neutral” rating by Wedbush on Friday, August 24. As per Thursday, September 20, the company rating was maintained by Canaccord Genuity. Argus Research upgraded Autodesk, Inc. (NASDAQ:ADSK) on Friday, November 23 to “Buy” rating. JP Morgan maintained it with “Overweight” rating and $175 target in Friday, August 24 report.

Autodesk, Inc. (NASDAQ:ADSK) Institutional Positions Chart

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