Telenav, Inc. (TNAV) Forms $5.65 Double Bottom; Autodesk (ADSK)’s Sentiment Is 1.42

Autodesk, Inc. operates as a design software and services firm worldwide. The company has market cap of $25.94 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.

Telenav, Inc. (TNAV) formed double bottom with $5.20 target or 8.00% below today’s $5.65 share price. Telenav, Inc. (TNAV) has $250.36 million valuation. It closed at $5.65 lastly. It is down 88.62% since January 27, 2017 and is uptrending. It has outperformed by 71.92% the S&P500.

The stock increased 0.78% or $0.91 during the last trading session, reaching $117.78. About 1.84M shares traded. Autodesk, Inc. (ADSK) has risen 91.08% since January 27, 2017 and is uptrending. It has outperformed by 74.38% the S&P500.

Ratings analysis reveals 29% of Autodesk’s analysts are positive. Out of 7 Wall Street analysts rating Autodesk, 2 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $54.0 while the high is $95.0. The stock’s average target of $69.60 is -40.91% below today’s ($117.78) share price. ADSK was included in 7 notes of analysts from August 19, 2016. The company was maintained on Friday, December 9 by Canaccord Genuity. The firm has “Outperform” rating by Wells Fargo given on Wednesday, January 11. The firm has “Neutral” rating by Wedbush given on Friday, September 9. Rosenblatt downgraded Autodesk, Inc. (NASDAQ:ADSK) on Tuesday, August 30 to “Sell” rating. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, August 19. The rating was maintained by Barclays Capital with “Overweight” on Friday, August 26. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Neutral” rating by Guggenheim on Thursday, April 13.

Hmi Capital Llc holds 10.4% of its portfolio in Autodesk, Inc. for 672,491 shares. Darsana Capital Partners Lp owns 1.68 million shares or 7.93% of their US portfolio. Moreover, Hoplite Capital Management L.P. has 7.06% invested in the company for 989,429 shares. The New York-based Domini Impact Investments Llc has invested 6.16% in the stock. Lateef Investment Management L.P., a California-based fund reported 482,223 shares.

Analysts await Autodesk, Inc. (NASDAQ:ADSK) to report earnings on March, 1. They expect $-0.34 earnings per share, up 39.29% or $0.22 from last year’s $-0.56 per share. After $-0.42 actual earnings per share reported by Autodesk, Inc. for the previous quarter, Wall Street now forecasts -19.05% EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 5 sales for $6.74 million activity.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.16, from 0.97 in 2017Q2. It worsened, as 12 investors sold Telenav, Inc. shares while 24 reduced holdings. 7 funds opened positions while 22 raised stakes. 17.38 million shares or 6.37% less from 18.57 million shares in 2017Q2 were reported. Bank Of America Corp De reported 1,408 shares. Granite Point Management Lp stated it has 0.08% in Telenav, Inc. (NASDAQ:TNAV). Ancora Advisors Ltd Liability stated it has 98,820 shares or 0.04% of all its holdings. Fuller Thaler Asset accumulated 212,000 shares. Prelude Ltd Company reported 61,769 shares. California State Teachers Retirement System stated it has 0% in Telenav, Inc. (NASDAQ:TNAV). Barclays Public Ltd Co invested in 1,008 shares or 0% of the stock. Jacobs Levy Equity Mgmt Incorporated holds 0.01% or 91,457 shares in its portfolio. Millennium Limited Liability reported 38,472 shares stake. Renaissance Technology Limited Liability holds 0% of its portfolio in Telenav, Inc. (NASDAQ:TNAV) for 408,300 shares. Vanguard Gru Incorporated owns 1.39 million shares for 0% of their portfolio. California-based Wells Fargo Com Mn has invested 0% in Telenav, Inc. (NASDAQ:TNAV). White Pine Capital Llc invested in 69,710 shares or 0% of the stock. Strs Ohio holds 24,500 shares. Art Ltd Liability Co holds 10,678 shares.