As Autodesk INC (ADSK) Market Valuation Rose, Highvista Strategies LLC Has Trimmed Position by $3.13 Million

October 13, 2017 - By Peter Erickson

Investors sentiment increased to 1.19 in Q2 2017. Its up 0.15, from 1.04 in 2017Q1. It is positive, 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. Vident Inv Advisory Ltd accumulated 77,385 shares. Maplelane Capital Limited Liability Corporation holds 0% or 1.93M shares in its portfolio. Paloma Ptnrs Company reported 28,812 shares. Fred Alger Management reported 1.16% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Credit Agricole S A reported 0.01% stake. 32 are held by Enterprise Serv. California-based Cap Glob Investors has invested 0.12% in Autodesk, Inc. (NASDAQ:ADSK). Oppenheimer Asset Mngmt Incorporated invested in 20,371 shares or 0.06% of the stock. Glenmede Tru Na holds 2,874 shares. Caisse De Depot Et Placement Du Quebec has invested 0.01% in Autodesk, Inc. (NASDAQ:ADSK). Balyasny Asset Management Limited Liability Company reported 475,109 shares stake. Metropolitan Life Ins has 0.07% invested in Autodesk, Inc. (NASDAQ:ADSK) for 101,247 shares. Laurion Mgmt LP invested 0.22% in Autodesk, Inc. (NASDAQ:ADSK). Geneva Limited Liability Co holds 0.01% or 4,380 shares in its portfolio. Atika Cap Ltd Liability Company holds 3.89% or 110,000 shares.

Since May 15, 2017, it had 0 insider purchases, and 5 selling transactions for $6.51 million activity. Another trade for 35,595 shares valued at $3.98M was made by Herren Richard Scott on Monday, June 5. Shares for $726,452 were sold by Underwood Paul D.. The insider BEVERIDGE CRAWFORD W sold $779,660. Another trade for 6,638 shares valued at $748,143 was made by Blum Steven M on Friday, June 2.

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 $2.95 million, 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 $26.22 billion market cap company. The stock declined 0.07% or $0.08 reaching $119.55 per share. About 1.25M 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 $438.48 million US Long portfolio, upped its stake in Cheniere Energy Inc (NYSEMKT:LNG) by 65,000 shares to 94,862 shares, valued at $4.62 million 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: Bizjournals.com, which released: “Autodesk invests in another Boston startup” on September 18, 2017. Investorplace.com‘s article titled: “3 Big Stock Charts for Tuesday: Apple Inc. (AAPL), Nike Inc (NKE) and Autodesk …” and published on September 26, 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. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Neutral” rating by Wedbush on Thursday, May 12. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Sell” rating by Zacks on Wednesday, September 2. On Monday, August 29 the stock rating was downgraded by Mitsubishi UFJ to “Underweight”. Rosenblatt downgraded Autodesk, Inc. (NASDAQ:ADSK) rating on Tuesday, November 10. Rosenblatt has “Neutral” rating and $54 target. Barclays Capital maintained Autodesk, Inc. (NASDAQ:ADSK) on Friday, August 18 with “Overweight” rating. The firm has “Outperform” rating given on Friday, February 26 by Credit Suisse. The firm earned “Mixed” rating on Thursday, August 3 by OTR Global. As per Wednesday, September 30, the company rating was maintained by Canaccord Genuity. The firm earned “Buy” rating on Friday, September 29 by Robert W. Baird. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Overweight” rating by Barclays Capital on Monday, February 22.

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