$-0.18 EPS Expected for Autodesk, Inc. (ADSK); Melvin Capital Management LP Lowered Visa (V) Position By $92.20 Million

April 21, 2018 - By Stephen Andrade

Autodesk, Inc. (NASDAQ:ADSK) Logo

Analysts expect Autodesk, Inc. (NASDAQ:ADSK) to report $-0.18 EPS on May, 17.They anticipate $0.25 EPS change or 58.14% from last quarter’s $-0.43 EPS. After having $-0.36 EPS previously, Autodesk, Inc.’s analysts see -50.00% EPS growth. The stock decreased 1.69% or $2.24 during the last trading session, reaching $130.09. About 1.45M shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 50.18% since April 21, 2017 and is uptrending. It has outperformed by 38.63% the S&P500.

Melvin Capital Management Lp decreased Visa Inc (V) stake by 43.74% reported in 2017Q4 SEC filing. Melvin Capital Management Lp sold 808,774 shares as Visa Inc (V)’s stock rose 4.18%. The Melvin Capital Management Lp holds 1.04 million shares with $118.60M value, down from 1.85M last quarter. Visa Inc now has $280.31B valuation. The stock increased 0.19% or $0.24 during the last trading session, reaching $124.2. About 7.48M shares traded. Visa Inc. (NYSE:V) has risen 31.98% since April 21, 2017 and is uptrending. It has outperformed by 20.43% the S&P500.

Since March 7, 2018, it had 0 insider buys, and 8 sales for $6.09 million activity. Shares for $350,692 were sold by Underwood Paul D. on Wednesday, March 28. $2.57M worth of Autodesk, Inc. (NASDAQ:ADSK) was sold by Anagnost Andrew. 388 shares valued at $48,329 were sold by Di Fronzo Pascal W on Monday, April 2. On Wednesday, April 4 Blum Steven M sold $2.53M worth of Autodesk, Inc. (NASDAQ:ADSK) or 20,458 shares. BEVERIDGE CRAWFORD W also sold $199,665 worth of Autodesk, Inc. (NASDAQ:ADSK) on Wednesday, March 7.

Autodesk, Inc. operates as a design software and services firm worldwide. The company has market cap of $28.40 billion. It operates through Architecture, Engineering, and Construction; Manufacturing; Platform Solutions and Emerging Business; and Media and Entertainment divisions. It currently has negative earnings. The firm offers AutoCAD, a professional design, drafting, detailing, and visualization software; and AutoCAD LT, a professional drafting and detailing software; Maya and 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and Revit software for building information modeling.

Investors sentiment decreased to 1.08 in Q4 2017. Its down 0.34, from 1.42 in 2017Q3. It fall, as 46 investors sold Autodesk, Inc. shares while 171 reduced holdings. 84 funds opened positions while 151 raised stakes. 204.78 million shares or 0.77% less from 206.38 million shares in 2017Q3 were reported. Tower Rech Capital Ltd Liability Co (Trc) invested in 0.03% or 2,072 shares. Raymond James Financial Services holds 0.01% or 11,722 shares. 3,317 were reported by Putnam Investments Limited Liability. Loring Wolcott & Coolidge Fiduciary Limited Liability Partnership Ma has 20 shares. Glob X Mgmt Com Lc accumulated 4,533 shares. Waddell And Reed Inc invested 0.19% in Autodesk, Inc. (NASDAQ:ADSK). Price T Rowe Associate Inc Md reported 0.01% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Drexel Morgan has invested 0.37% in Autodesk, Inc. (NASDAQ:ADSK). Neuberger Berman Gru Ltd Liability accumulated 1.46M shares. Da Davidson stated it has 89,146 shares. 22,273 were reported by Advantus Cap Mgmt Inc. Drw Securities Llc reported 3,072 shares. Tiger Mgmt invested 1.79% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Atria Invs Lc reported 0.02% in Autodesk, Inc. (NASDAQ:ADSK). Fjarde Ap reported 0.09% stake.

Among 27 analysts covering Autodesk Inc. (NASDAQ:ADSK), 18 have Buy rating, 3 Sell and 6 Hold. Therefore 67% are positive. Autodesk Inc. had 124 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Wednesday, December 7 by Barclays Capital. The rating was maintained by Robert W. Baird on Wednesday, November 29 with “Buy”. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Buy” rating by Wells Fargo on Wednesday, March 7. The rating was maintained by RBC Capital Markets with “Buy” on Sunday, July 30. UBS maintained the stock with “Neutral” rating in Friday, August 26 report. The firm earned “Outperform” rating on Monday, August 31 by Credit Suisse. The firm earned “Neutral” rating on Friday, May 20 by Wedbush. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Sector Perform” rating given on Friday, August 19 by RBC Capital Markets. As per Tuesday, November 10, the company rating was downgraded by Rosenblatt. The firm has “Outperform” rating by Cowen & Co given on Friday, August 25.

Investors sentiment increased to 1.05 in Q4 2017. Its up 0.05, from 1 in 2017Q3. It is positive, as 55 investors sold V shares while 605 reduced holdings. 141 funds opened positions while 552 raised stakes. 1.61 billion shares or 1.83% less from 1.64 billion shares in 2017Q3 were reported. Vontobel Asset Management stated it has 4.91M shares. Conning Inc holds 0.17% or 45,452 shares in its portfolio. Colonial Trust Advisors owns 126,899 shares. Moreover, Rmsincerbeaux Capital Limited Liability Corporation has 9.38% invested in Visa Inc. (NYSE:V). Great Lakes Advisors Limited Liability Corporation, Illinois-based fund reported 50,013 shares. Estabrook Capital Management, New York-based fund reported 7,410 shares. Fayerweather Charles holds 0.64% in Visa Inc. (NYSE:V) or 3,860 shares. M&R Capital Management Incorporated owns 97,044 shares. Advantus Capital Management has invested 0.53% in Visa Inc. (NYSE:V). Pictet North America stated it has 111,378 shares or 1.95% of all its holdings. Legg Mason Asset (Japan) has 6,300 shares for 0.43% of their portfolio. Franklin Resources reported 7.60M shares or 0.42% of all its holdings. Virtu Lc holds 23,866 shares. Bridges Invest Counsel holds 15,576 shares or 0.98% of its portfolio. Eagle Ltd Company has invested 0.01% in Visa Inc. (NYSE:V).

Since December 13, 2017, it had 0 insider purchases, and 3 insider sales for $6.56 million activity. 6,220 shares were sold by MATSCHULLAT ROBERT W, worth $707,561. Shares for $5.65 million were sold by MAHON TULLIER KELLY on Friday, December 15. Biggar Lynne sold 1,712 shares worth $205,440.

Analysts await Visa Inc. (NYSE:V) to report earnings on April, 25 after the close. They expect $1.02 earnings per share, up 18.60% or $0.16 from last year’s $0.86 per share. V’s profit will be $2.30B for 30.44 P/E if the $1.02 EPS becomes a reality. After $1.08 actual earnings per share reported by Visa Inc. for the previous quarter, Wall Street now forecasts -5.56% negative EPS growth.

Among 42 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 8 Hold. Therefore 81% are positive. Visa Inc. had 127 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of V in report on Friday, January 29 with “Outperform” rating. The firm earned “Buy” rating on Tuesday, January 9 by Wells Fargo. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, June 8. The stock of Visa Inc. (NYSE:V) earned “Outperform” rating by RBC Capital Markets on Tuesday, October 25. Citigroup maintained the shares of V in report on Wednesday, October 18 with “Buy” rating. The rating was maintained by Mizuho with “Buy” on Thursday, January 4. Wells Fargo upgraded the shares of V in report on Tuesday, October 10 to “Buy” rating. Guggenheim initiated it with “Buy” rating and $85 target in Thursday, October 8 report. Oppenheimer maintained Visa Inc. (NYSE:V) on Thursday, January 25 with “Outperform” rating. The stock has “Buy” rating by KeyBanc Capital Markets on Wednesday, October 18.

Melvin Capital Management Lp increased New Oriental Ed & Tech Grp I (Call) (NYSE:EDU) stake by 2.62 million shares to 2.82 million valued at $265.39 million in 2017Q4. It also upped Take (NASDAQ:TTWO) stake by 60,400 shares and now owns 800,000 shares. Hd Supply Hldgs Inc (NASDAQ:HDS) was raised too.

Autodesk, Inc. (NASDAQ:ADSK) Institutional Positions Chart

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