Autodesk, Inc. $ADSK Position Boosted by MGO One Seven LLC

MGO One Seven LLC grew its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 10.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,087 shares of the software company’s stock after purchasing an additional 193 shares during the period. MGO One Seven LLC’s holdings in Autodesk were worth $646,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. OMNI 360 Wealth Inc. bought a new position in shares of Autodesk during the 2nd quarter valued at about $359,000. E. Ohman J or Asset Management AB boosted its position in shares of Autodesk by 1.8% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 127,126 shares of the software company’s stock valued at $39,354,000 after purchasing an additional 2,276 shares in the last quarter. Spire Wealth Management boosted its position in shares of Autodesk by 2.5% during the 1st quarter. Spire Wealth Management now owns 2,075 shares of the software company’s stock valued at $543,000 after purchasing an additional 50 shares in the last quarter. Sowell Financial Services LLC acquired a new position in shares of Autodesk in the first quarter worth about $324,000. Finally, GK Wealth Management LLC acquired a new position in shares of Autodesk in the second quarter worth about $348,000. Institutional investors own 90.24% of the company’s stock.

Insider Buying and Selling at Autodesk

In related news, Director Ayanna Howard sold 3,159 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $325.00, for a total transaction of $1,026,675.00. Following the transaction, the director owned 4,393 shares of the company’s stock, valued at approximately $1,427,725. This trade represents a 41.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rebecca Pearce sold 6,129 shares of Autodesk stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the completion of the transaction, the executive vice president directly owned 13,311 shares in the company, valued at approximately $4,300,251.66. This represents a 31.53% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 35,386 shares of company stock worth $11,433,201 in the last ninety days. Insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on ADSK shares. Mizuho raised their target price on shares of Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Wall Street Zen cut shares of Autodesk from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. Wells Fargo & Company raised their target price on shares of Autodesk from $360.00 to $375.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Oppenheimer raised their target price on shares of Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Finally, DA Davidson reissued a “buy” rating and issued a $375.00 price target on shares of Autodesk 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. According to MarketBeat, Autodesk has an average rating of “Moderate Buy” and an average price target of $359.13.

Autodesk Price Performance

Shares of ADSK opened at $303.66 on Friday. The firm has a market cap of $64.68 billion, a PE ratio of 62.87, a PEG ratio of 2.66 and a beta of 1.49. The firm’s 50 day moving average price is $308.89 and its 200 day moving average price is $295.53. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76. Autodesk, Inc. has a twelve month low of $232.67 and a twelve month high of $329.09.

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

Autodesk Company 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.