Meritage Group LP Holds Stake in Autodesk INC (ADSK)

March 22, 2018 - By Dolores Ford

Investors sentiment increased to 1.42 in 2017 Q3. Its up 0.23, from 1.19 in 2017Q2. It is positive, 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. Profund Advisors Ltd Liability Com reported 0.09% in Autodesk, Inc. (NASDAQ:ADSK). Services invested 0% in Autodesk, Inc. (NASDAQ:ADSK). Jefferies Gru Limited Liability Company accumulated 36,325 shares. Parnassus Ca has 900,000 shares for 0.41% of their portfolio. Pacific Heights Asset Mngmt Lc holds 1.16% or 108,000 shares. Goldman Sachs Grp Inc Inc Inc holds 0.06% or 2.17 million shares. Mutual Of America Capital Management Limited Liability holds 27,183 shares or 0.05% of its portfolio. Td Asset Mngmt reported 0.01% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Ny State Teachers Retirement System holds 0.09% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK) for 303,505 shares. Nomura Asset reported 27,341 shares stake. Evercore Wealth Mngmt, a New York-based fund reported 800 shares. Moreover, Lazard Asset Ltd Co has 0.09% invested in Autodesk, Inc. (NASDAQ:ADSK) for 408,700 shares. Advisory Ser Ntwk Limited holds 0.09% in Autodesk, Inc. (NASDAQ:ADSK) or 7,341 shares. 82,900 were reported by State Of New Jersey Common Pension Fund D. Silvercrest Asset Ltd Llc holds 0% in Autodesk, Inc. (NASDAQ:ADSK) or 2,632 shares.

Since September 28, 2017, it had 0 buys, and 5 sales for $3.41 million activity. $290,810 worth of Autodesk, Inc. (NASDAQ:ADSK) was sold by Underwood Paul D.. 25,000 shares were sold by NORRINGTON LORRIE M, worth $2.78M. Shares for $199,665 were sold by BEVERIDGE CRAWFORD W.

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 2.19M shares as the company’s stock rose 27.21% with the market. The hedge fund held 2.24M 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. As per Wednesday, July 19, the company rating was maintained by Evercore. The stock has “Buy” rating by Canaccord Genuity on Wednesday, November 15. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Buy” rating given on Friday, September 29 by Robert W. Baird. The company was maintained on Friday, August 25 by KeyBanc Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, December 7. On Friday, May 19 the stock rating was upgraded by Bank of America to “Neutral”. The stock has “Outperform” rating by Robert W. Baird on Monday, March 28. The firm earned “Neutral” rating on Thursday, May 12 by Wedbush. KeyBanc Capital Markets maintained it with “Overweight” rating and $138 target in Wednesday, March 7 report. As per Tuesday, November 10, the company rating was downgraded by Canaccord Genuity.

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