Autodesk, Inc. $ADSK Shares Bought by Private Trust Co. NA

Private Trust Co. NA raised its stake in Autodesk, Inc. (NASDAQ:ADSK) by 35.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 586 shares of the software company’s stock after buying an additional 153 shares during the quarter. Private Trust Co. NA’s holdings in Autodesk were worth $181,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Beacon Financial Group increased its stake in Autodesk by 3.0% during the second quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock worth $350,000 after purchasing an additional 33 shares during the period. Freedom Investment Management Inc. increased its stake in Autodesk by 2.4% during the first quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock worth $386,000 after purchasing an additional 34 shares during the period. Financial Network Wealth Advisors LLC increased its stake in Autodesk by 34.9% during the first quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock worth $37,000 after purchasing an additional 37 shares during the period. Oregon Pacific Wealth Management LLC increased its stake in Autodesk by 4.0% during the first quarter. Oregon Pacific Wealth Management LLC now owns 999 shares of the software company’s stock worth $262,000 after purchasing an additional 38 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. increased its stake in Autodesk by 67.8% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock worth $31,000 after purchasing an additional 40 shares during the period. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ADSK has been the topic of a number of recent research reports. DA Davidson reiterated a “buy” rating and set a $375.00 price target on shares of Autodesk in a research note on Friday, August 29th. Macquarie boosted their price target on shares of Autodesk from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Oppenheimer upped their target price on shares of Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Mizuho upped their target price on shares of Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Finally, Citigroup upped their target price on shares of Autodesk from $376.00 to $393.00 and gave the stock a “buy” rating in a research note on Tuesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Autodesk has a consensus rating of “Moderate Buy” and an average price target of $359.13.

Insiders Place Their Bets

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

Autodesk Stock Performance

Shares of ADSK opened at $310.57 on Wednesday. The stock has a 50 day moving average price of $309.91 and a 200 day moving average price of $296.52. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $66.15 billion, a price-to-earnings ratio of 64.30, a price-to-earnings-growth ratio of 2.73 and a beta of 1.49. Autodesk, Inc. has a 52-week low of $232.67 and a 52-week high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The business’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period last year, the company 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. Research analysts predict that Autodesk, Inc. will post 5.76 EPS for the current fiscal 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.