Linden Thomas Advisory Services LLC Purchases 65 Shares of Autodesk, Inc. $ADSK

Linden Thomas Advisory Services LLC increased its position in Autodesk, Inc. (NASDAQ:ADSK) by 1.5% during the second quarter, Holdings Channel reports. The firm owned 4,407 shares of the software company’s stock after buying an additional 65 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Autodesk were worth $1,364,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Cheviot Value Management LLC acquired a new position in Autodesk in the 1st quarter valued at about $27,000. SouthState Corp raised its holdings in Autodesk by 500.0% in the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after acquiring an additional 80 shares during the period. Livelsberger Financial Advisory bought a new position in Autodesk in the 2nd quarter valued at about $31,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in Autodesk by 67.8% in the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock valued at $31,000 after acquiring an additional 40 shares during the period. Finally, Costello Asset Management INC bought a new position in Autodesk in the 1st quarter valued at about $26,000. 90.24% of the stock is owned by institutional investors.

Autodesk Stock Performance

Shares of NASDAQ:ADSK opened at $312.88 on Friday. The company’s 50 day moving average price is $311.38 and its two-hundred day moving average price is $297.98. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09. The firm has a market cap of $66.64 billion, a PE ratio of 64.78, a PEG ratio of 2.77 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 announced its 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). Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same quarter in the previous year, the company earned $2.15 EPS. The business’s revenue for the quarter was up 17.1% on a year-over-year basis. 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 predict that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. HSBC set a $343.00 price target on shares of Autodesk and gave the company a “buy” rating in a report on Wednesday, October 1st. Barclays increased their price target on shares of Autodesk from $355.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Morgan Stanley increased their price target on shares of Autodesk from $370.00 to $385.00 and gave the company an “overweight” rating in a report on Sunday, August 31st. Citigroup increased their price target on shares of Autodesk from $376.00 to $393.00 and gave the company a “buy” rating in a report on Tuesday, September 2nd. Finally, Stifel Nicolaus increased their target price on shares of Autodesk from $350.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. One 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, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $359.13.

Insider Activity

In related news, EVP Steven M. Blum sold 22,420 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the sale, the executive vice president 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Rebecca Pearce sold 6,129 shares of the stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the sale, the executive vice president owned 13,311 shares in the company, valued at $4,300,251.66. This represents a 31.53% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 35,386 shares of company stock worth $11,433,201. Insiders own 0.15% of the company’s stock.

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.