5 3D Printing Stocks Hedge Funds Like

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1. Autodesk, Inc. (NASDAQ:ADSK)

Number of Hedge Funds: 54

Autodesk, Inc. (NASDAQ:ADSK) is an American multi-national software, media & entertainment, manufacturing & industrial bioscience. Furthermore, the company also provides 3D imaging and printing tools around the globe.

At the end of the third quarter of 2021, the hedge funds that hold the most valuable stake in the company have been making additional purchases in Autodesk, Inc. (NASDAQ:ADSK) stock. Impax Asset Management, Citadel Investment Group, and Echo Street Capital Management have all made additional purchases in the company’s stock in the third quarter. The most valuable stakes in the company are held by Cantillon Capital Management with 1.2 million shares worth $341.67 million.

Polen Capital mentioned Autodesk, Inc. (NASDAQ:ADSK) in their third-quarter investor letter. Here are the contents of that letter:

“Shares of Autodesk have lagged recently due to expectations of short-term headwinds to free cash flow as the company transitions its billing structure to annual payments from multi-year up-front subscription payments. We view this as a transient issue and believe Autodesk’s attractive long-term growth profile remains in place.”

You can also take a look at 10 Penny Stocks to Buy in December and 10 Best Stocks to Buy for the Next 10 Years.

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