Thirty-two analysts covering Autodesk Inc. have reached a Moderate Buy consensus rating for the stock.

Bank of America acquired a new stake valued at approximately $576.7 million. BlackRock Inc. initiated a new position worth around $4.83 billion in the second quarter.

Assenagon Asset Management S.A. increased its stake by more than 800% in the third quarter. Its shares are now worth approximately $52.3 million.

Autodesk’s latest earnings report beat analyst expectations for both earnings per share and revenue.