Mesirow Financial Investment Management Inc. Has $1.13 Million Stake in Autodesk, Inc. (NASDAQ:ADSK)

Mesirow Financial Investment Management Inc. decreased its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 1.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,834 shares of the software company’s stock after selling 41 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Autodesk were worth $1,133,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC grew its position in Autodesk by 23.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,071 shares of the software company’s stock valued at $295,000 after purchasing an additional 201 shares during the period. Concurrent Investment Advisors LLC grew its position in Autodesk by 8.1% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 2,578 shares of the software company’s stock valued at $710,000 after purchasing an additional 194 shares during the period. Graypoint LLC grew its position in Autodesk by 12.8% in the 3rd quarter. Graypoint LLC now owns 3,818 shares of the software company’s stock valued at $1,052,000 after purchasing an additional 432 shares during the period. Principal Financial Group Inc. grew its position in Autodesk by 12.6% in the 3rd quarter. Principal Financial Group Inc. now owns 2,192,345 shares of the software company’s stock valued at $603,947,000 after purchasing an additional 245,816 shares during the period. Finally, Lifestyle Asset Management Inc. grew its position in Autodesk by 7.2% in the 3rd quarter. Lifestyle Asset Management Inc. now owns 4,176 shares of the software company’s stock valued at $1,150,000 after purchasing an additional 279 shares during the period. Institutional investors and hedge funds own 90.24% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on ADSK. Rosenblatt Securities reissued a “buy” rating and issued a $325.00 price target on shares of Autodesk in a research report on Tuesday, February 25th. Mizuho raised shares of Autodesk from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $280.00 to $400.00 in a report on Tuesday, January 28th. Scotiabank assumed coverage on shares of Autodesk in a report on Monday, November 18th. They set a “sector outperform” rating and a $360.00 price objective on the stock. Hsbc Global Res downgraded shares of Autodesk from a “strong-buy” rating to a “hold” rating in a report on Friday, November 29th. Finally, Morgan Stanley lifted their price objective on shares of Autodesk from $375.00 to $385.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. Seven analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, Autodesk has an average rating of “Moderate Buy” and an average target price of $338.43.

Autodesk Trading Down 0.2 %

Shares of Autodesk stock opened at $259.75 on Friday. Autodesk, Inc. has a 52-week low of $195.32 and a 52-week high of $326.62. The stock’s 50-day simple moving average is $293.21 and its 200 day simple moving average is $287.43. The stock has a market capitalization of $55.85 billion, a P/E ratio of 51.54, a P/E/G ratio of 2.94 and a beta of 1.43. 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 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.