Meritage Group LP Increases Holding in Autodesk INC (ADSK)

March 22, 2018 - By Stephen Andrade

Investors sentiment increased to 1.42 in 2017 Q3. Its up 0.23, from 1.19 in 2017Q2. It improved, as 36 investors sold ADSK shares while 132 reduced holdings. 61 funds opened positions while 177 raised stakes. 206.38 million shares or 1.05% more from 204.24 million shares in 2017Q2 were reported. Eulav Asset Management accumulated 6,000 shares. 2,002 were reported by Synovus Fincl. Iridian Asset Ltd Limited Liability Company Ct holds 1.73% or 1.81 million shares. 72,000 are held by Atika Capital Limited Co. Focused Wealth Mgmt has invested 0% in Autodesk, Inc. (NASDAQ:ADSK). Cipher Cap Ltd Partnership holds 0.13% or 15,888 shares in its portfolio. Verition Fund Mngmt Ltd owns 4,403 shares or 0.04% of their US portfolio. Suntrust Banks has 0.01% invested in Autodesk, Inc. (NASDAQ:ADSK) for 12,238 shares. Advantus Cap Mgmt Incorporated has invested 0.06% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Cibc Ww Corp holds 0.34% or 318,906 shares in its portfolio. Fmr Limited Com has 0.36% invested in Autodesk, Inc. (NASDAQ:ADSK) for 26.62 million shares. 2,597 are owned by Segall Bryant & Hamill Limited Liability. Public Sector Pension Invest Board holds 0.01% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK) for 23,223 shares. Stevens Cap Mngmt LP accumulated 0.06% or 13,264 shares. Wetherby Asset reported 3,870 shares.

Since September 28, 2017, it had 0 buys, and 5 selling transactions for $3.41 million activity. The insider NORRINGTON LORRIE M sold $2.78 million. Di Fronzo Pascal W sold $64,328 worth of Autodesk, Inc. (NASDAQ:ADSK) on Monday, October 2. Another trade for 2,089 shares valued at $290,810 was sold by Underwood Paul D..

Meritage Group Lp increased its stake in Autodesk Inc (ADSK) by 3909.95% based on its latest 2017Q3 regulatory filing with the SEC. Meritage Group Lp bought 2.19 million shares as the company’s stock rose 27.21% with the market. The hedge fund held 2.24 million shares of the technology company at the end of 2017Q3, valued at $251.88M, up from 55,954 at the end of the previous reported quarter. Meritage Group Lp who had been investing in Autodesk Inc for a number of months, seems to be bullish on the $28.95 billion market cap company. The stock decreased 3.05% or $4.13 during the last trading session, reaching $131.41. About 2.09 million shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 91.08% since March 22, 2017 and is uptrending. It has outperformed by 74.38% the S&P500.

Autodesk, Inc. (NASDAQ:ADSK) Ratings Coverage

Among 27 analysts covering Autodesk Inc. (NASDAQ:ADSK), 18 have Buy rating, 3 Sell and 6 Hold. Therefore 67% are positive. Autodesk Inc. had 121 analyst reports since August 4, 2015 according to SRatingsIntel. On Friday, February 26 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Sell” rating by Rosenblatt on Tuesday, August 30. Guggenheim maintained the shares of ADSK in report on Wednesday, March 7 with “Buy” rating. Cowen & Co maintained the shares of ADSK in report on Monday, August 31 with “Outperform” rating. As per Friday, November 17, the company rating was maintained by Credit Suisse. As per Friday, November 20, the company rating was downgraded by RBC Capital Markets. Credit Suisse maintained Autodesk, Inc. (NASDAQ:ADSK) rating on Wednesday, November 29. Credit Suisse has “Buy” rating and $135.0 target. RBC Capital Markets maintained it with “Buy” rating and $12500 target in Sunday, July 30 report. Evercore maintained the shares of ADSK in report on Monday, June 19 with “Buy” rating. The firm earned “Buy” rating on Wednesday, November 29 by Guggenheim.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: