As Autodesk INC (ADSK) Stock Value Rose, Highvista Strategies LLC Lowered Its Position

October 13, 2017 - By Darrin Black

Investors sentiment increased to 1.19 in Q2 2017. Its up 0.15, from 1.04 in 2017Q1. It improved, as 26 investors sold ADSK shares while 162 reduced holdings. 80 funds opened positions while 143 raised stakes. 204.24 million shares or 3.68% less from 212.05 million shares in 2017Q1 were reported. The Netherlands-based Ing Groep Nv has invested 0.07% in Autodesk, Inc. (NASDAQ:ADSK). Bancorpsouth holds 0.07% or 7,250 shares. Nippon Life owns 0.02% invested in Autodesk, Inc. (NASDAQ:ADSK) for 10,750 shares. Panagora Asset Mgmt reported 0.01% stake. Citigroup Incorporated, New York-based fund reported 115,188 shares. Parallax Volatility Advisers Lp has invested 0% in Autodesk, Inc. (NASDAQ:ADSK). Cullinan Assocs invested in 3,000 shares or 0.02% of the stock. State Of Alaska Department Of Revenue holds 0.01% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK) for 1,078 shares. State Of New Jersey Common Pension Fund D stated it has 0.03% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). 4,413 are held by Pine River Capital L P. Northern has 0.06% invested in Autodesk, Inc. (NASDAQ:ADSK). Bb&T Secs Lc holds 0.04% or 27,812 shares in its portfolio. Bp Public Ltd Com has 28,000 shares. Burns J W Inc owns 5,880 shares or 0.16% of their US portfolio. Atika Cap Mngmt Limited Liability Co reported 3.89% in Autodesk, Inc. (NASDAQ:ADSK).

Since May 15, 2017, it had 0 buys, and 5 insider sales for $6.51 million activity. 7,000 Autodesk, Inc. (NASDAQ:ADSK) shares with value of $779,660 were sold by BEVERIDGE CRAWFORD W. 6,638 shares were sold by Blum Steven M, worth $748,143. On Monday, June 5 the insider Underwood Paul D. sold $726,452. $3.98 million worth of Autodesk, Inc. (NASDAQ:ADSK) was sold by Herren Richard Scott.

Highvista Strategies Llc decreased its stake in Autodesk Inc (ADSK) by 51.63% based on its latest 2017Q2 regulatory filing with the SEC. Highvista Strategies Llc sold 31,270 shares as the company’s stock rose 27.21% with the market. The hedge fund held 29,300 shares of the technology company at the end of 2017Q2, valued at $2.95M, down from 60,570 at the end of the previous reported quarter. Highvista Strategies Llc who had been investing in Autodesk Inc for a number of months, seems to be less bullish one the $26.22B market cap company. The stock declined 0.07% or $0.08 reaching $119.55 per share. About 1.25 million shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 91.08% since October 13, 2016 and is uptrending. It has outperformed by 74.38% the S&P500.

Highvista Strategies Llc, which manages about $3.88B and $438.48M US Long portfolio, upped its stake in Cheniere Energy Inc (NYSEMKT:LNG) by 65,000 shares to 94,862 shares, valued at $4.62M in 2017Q2, according to the filing.

Analysts await Autodesk, Inc. (NASDAQ:ADSK) to report earnings on December, 5. They expect $-0.33 EPS, up 23.26 % or $0.10 from last year’s $-0.43 per share. After $-0.38 actual EPS reported by Autodesk, Inc. for the previous quarter, Wall Street now forecasts -13.16 % EPS growth.

More news for Autodesk, Inc. (NASDAQ:ADSK) were recently published by: Investorplace.com, which released: “3 Big Stock Charts for Tuesday: Apple Inc. (AAPL), Nike Inc (NKE) and Autodesk …” on September 26, 2017. Bizjournals.com‘s article titled: “Autodesk invests in another Boston startup” and published on September 18, 2017 is yet another important article.

Autodesk, Inc. (NASDAQ:ADSK) Ratings Coverage

Among 23 analysts covering Autodesk Inc. (NASDAQ:ADSK), 15 have Buy rating, 2 Sell and 6 Hold. Therefore 65% are positive. Autodesk Inc. had 89 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets upgraded the stock to “Outperform” rating in Friday, May 19 report. RBC Capital Markets downgraded Autodesk, Inc. (NASDAQ:ADSK) on Friday, November 20 to “Sector Perform” rating. The firm has “Sell” rating given on Tuesday, August 30 by Rosenblatt. UBS maintained the shares of ADSK in report on Wednesday, September 30 with “Buy” rating. Wedbush initiated Autodesk, Inc. (NASDAQ:ADSK) rating on Friday, September 9. Wedbush has “Neutral” rating and $60 target. The firm has “Neutral” rating given on Friday, August 26 by UBS. Rosenblatt maintained the stock with “Buy” rating in Monday, August 31 report. RBC Capital Markets maintained it with “Buy” rating and $125.0 target in Sunday, October 8 report. RBC Capital Markets maintained Autodesk, Inc. (NASDAQ:ADSK) rating on Wednesday, December 7. RBC Capital Markets has “Outperform” rating and $75 target. William Blair initiated the shares of ADSK in report on Tuesday, August 4 with “Outperform” rating.

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