Autodesk, Inc. $ADSK Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. lifted its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 76.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 212 shares of the software company’s stock after acquiring an additional 92 shares during the period. Harbour Investments Inc.’s holdings in Autodesk were worth $66,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ADSK. Nuveen LLC acquired a new stake in shares of Autodesk during the first quarter valued at $278,383,000. T. Rowe Price Investment Management Inc. boosted its stake in shares of Autodesk by 44.1% during 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 acquiring an additional 1,016,187 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Autodesk by 336.7% during the first quarter. AQR Capital Management LLC now owns 572,701 shares of the software company’s stock valued at $147,339,000 after acquiring an additional 441,571 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Autodesk by 13.1% in the 1st 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 worth $904,326,000 after buying an additional 400,514 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in Autodesk by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 20,782,919 shares of the software company’s stock worth $5,440,968,000 after buying an additional 397,458 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Analyst Ratings Changes

ADSK has been the topic of a number of research analyst reports. Wall Street Zen lowered Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. UBS Group raised their price target on Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Piper Sandler raised their price target on Autodesk from $361.00 to $373.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Barclays raised their price target on Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Finally, Loop Capital initiated coverage on Autodesk in a research note on Monday, July 21st. They issued a “hold” rating and a $320.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and a consensus price target of $359.13.

Autodesk Stock Performance

Shares of NASDAQ:ADSK opened at $309.84 on Friday. The company has a market cap of $66.00 billion, a P/E ratio of 64.15, a PEG ratio of 2.73 and a beta of 1.49. 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 one year low of $232.67 and a one year high of $329.09. The business’s 50-day simple moving average is $310.85 and its 200 day simple moving average is $297.06.

Autodesk (NASDAQ:ADSK) last announced its 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 company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The business’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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, sell-side analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Steven M. Blum sold 22,420 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $323.75, for a total transaction 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Rebecca Pearce sold 6,129 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 13,311 shares in the company, valued at approximately $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. In the last 90 days, insiders have sold 35,386 shares of company stock valued at $11,433,201. Corporate insiders own 0.15% of the company’s stock.

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.