Rhumbline Advisers increased its stake in Autodesk, Inc. by 1.1% in the third quarter, bringing its total holdings to 426,928 shares valued at $135.62 million. Several other institutional investors also increased their positions in the software company, with overall institutional ownership now at 90.24%. Analysts maintain a “Moderate Buy” rating for Autodesk with a consensus target price of $367.61, following strong Q3 earnings that beat analyst estimates.
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Rhumbline Advisers Boosts Stock Holdings in Autodesk, Inc. $ADSK
Rhumbline Advisers increased its stake in Autodesk, Inc. by 1.1% in the third quarter, bringing its total holdings to 426,928 shares valued at $135.62 million. Several other institutional investors also increased their positions in the software company, with overall institutional ownership now at 90.24%. Analysts maintain a “Moderate Buy” rating for Autodesk with a consensus target price of $367.61, following strong Q3 earnings that beat analyst estimates.