Crux Wealth Advisors Acquires 596 Shares of Autodesk, Inc. $ADSK

Crux Wealth Advisors lifted its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 31.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,490 shares of the software company’s stock after acquiring an additional 596 shares during the period. Crux Wealth Advisors’ holdings in Autodesk were worth $771,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its stake in Autodesk by 14.5% in the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock worth $343,000 after purchasing an additional 147 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Autodesk by 5.4% in the first quarter. GAMMA Investing LLC now owns 5,617 shares of the software company’s stock worth $1,471,000 after buying an additional 290 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Autodesk by 27.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 42,826 shares of the software company’s stock worth $11,212,000 after acquiring an additional 9,222 shares during the last quarter. Sowell Financial Services LLC purchased a new position in Autodesk during the first quarter valued at $324,000. Finally, Premier Path Wealth Partners LLC increased its holdings in Autodesk by 5.0% in the 1st quarter. Premier Path Wealth Partners LLC now owns 1,171 shares of the software company’s stock valued at $307,000 after acquiring an additional 56 shares during the last quarter. Institutional investors own 90.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on ADSK. Loop Capital began coverage on shares of Autodesk in a report on Monday, July 21st. They set a “hold” rating and a $320.00 price objective for the company. Oppenheimer boosted their target price on Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. KeyCorp raised their price target on Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Mizuho upped their price objective on Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Autodesk in a research report on Wednesday, October 8th. One investment 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 company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $359.13.

Insiders Place Their Bets

In other news, EVP Steven M. Blum sold 22,420 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $323.75, for a total value of $7,258,475.00. Following the transaction, the executive vice president directly owned 13,099 shares in the company, valued at approximately $4,240,801.25. This represents a 63.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ayanna Howard sold 3,159 shares of the firm’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $325.00, for a total transaction of $1,026,675.00. Following the completion of the transaction, the director directly owned 4,393 shares in the company, valued at $1,427,725. This represents a 41.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 35,386 shares of company stock worth $11,433,201 in the last 90 days. 0.15% of the stock is owned by insiders.

Autodesk Price Performance

ADSK stock opened at $303.66 on Friday. Autodesk, Inc. has a 12 month low of $232.67 and a 12 month high of $329.09. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91. The company has a 50-day moving average price of $308.89 and a 200 day moving average price of $295.72. The stock has a market cap of $64.68 billion, a PE ratio of 62.87, a P/E/G ratio of 2.69 and a beta of 1.49.

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

About Autodesk

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.