Autodesk, Inc. $ADSK Shares Acquired by US Bancorp DE

US Bancorp DE raised its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 3.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,623 shares of the software company’s stock after acquiring an additional 1,526 shares during the quarter. US Bancorp DE’s holdings in Autodesk were worth $15,671,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ADSK. Nuveen LLC purchased a new stake in shares of Autodesk in the first quarter valued at approximately $278,383,000. T. Rowe Price Investment Management Inc. grew its position in shares of Autodesk by 44.1% in the first quarter. T. Rowe Price Investment Management Inc. now owns 3,318,319 shares of the software company’s stock valued at $868,736,000 after purchasing an additional 1,016,187 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Autodesk by 336.7% in the first quarter. AQR Capital Management LLC now owns 572,701 shares of the software company’s stock valued at $147,339,000 after purchasing an additional 441,571 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Autodesk by 13.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,454,264 shares of the software company’s stock valued at $904,326,000 after purchasing an additional 400,514 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Autodesk by 1.9% in the first quarter. Vanguard Group Inc. now owns 20,782,919 shares of the software company’s stock valued at $5,440,968,000 after purchasing an additional 397,458 shares in the last quarter. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ADSK shares. Berenberg Bank set a $370.00 price target on Autodesk in a research report on Monday, September 1st. Wells Fargo & Company upped their price target on Autodesk from $360.00 to $375.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. HSBC set a $343.00 price objective on Autodesk and gave the stock a “buy” rating in a research report on Wednesday, October 1st. DA Davidson reiterated a “buy” rating and issued a $375.00 price objective on shares of Autodesk in a research report on Friday, August 29th. Finally, Macquarie increased their price objective on Autodesk from $360.00 to $380.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $359.13.

Autodesk Trading Down 2.2%

ADSK opened at $303.50 on Friday. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The business has a fifty day simple moving average of $308.24 and a 200-day simple moving average of $294.35. The firm has a market cap of $64.65 billion, a P/E ratio of 62.84, a P/E/G ratio of 2.69 and a beta of 1.49. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 EPS for the quarter, missing the consensus estimate of $2.45 by ($0.99). The firm had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The company’s quarterly revenue was up 17.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.15 earnings per share. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. On average, equities analysts expect that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Steven M. Blum sold 22,420 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $323.75, for a total value of $7,258,475.00. Following the sale, the executive vice president directly owned 13,099 shares in the company, valued at approximately $4,240,801.25. This trade represents a 63.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ayanna Howard sold 917 shares of the stock in a transaction on Monday, September 29th. The shares were sold at an average price of $325.00, for a total value of $298,025.00. Following the completion of the sale, the director owned 3,476 shares in the company, valued at approximately $1,129,700. The trade was a 20.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 35,386 shares of company stock valued at $11,433,201 in the last three months. 0.15% of the stock is currently owned by insiders.

Autodesk Profile

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.