Howard Capital Management Inc. Acquires 597 Shares of Autodesk, Inc. $ADSK

Howard Capital Management Inc. grew its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 11.5% in the second quarter, HoldingsChannel.com reports. The firm owned 5,766 shares of the software company’s stock after purchasing an additional 597 shares during the period. Howard Capital Management Inc.’s holdings in Autodesk were worth $1,785,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ADSK. Motley Fool Asset Management LLC lifted its holdings in shares of Autodesk by 13.9% in the second quarter. Motley Fool Asset Management LLC now owns 13,750 shares of the software company’s stock valued at $4,257,000 after purchasing an additional 1,682 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in Autodesk by 31.0% during the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 6,223 shares of the software company’s stock worth $1,926,000 after buying an additional 1,471 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Autodesk by 26.5% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 57,782 shares of the software company’s stock valued at $17,888,000 after buying an additional 12,100 shares during the last quarter. Advisory Alpha LLC lifted its stake in Autodesk by 6.5% during the 2nd quarter. Advisory Alpha LLC now owns 3,341 shares of the software company’s stock valued at $1,034,000 after acquiring an additional 203 shares in the last quarter. Finally, Rossby Financial LCC lifted its stake in Autodesk by 705.9% during the 2nd quarter. Rossby Financial LCC now owns 137 shares of the software company’s stock valued at $42,000 after acquiring an additional 120 shares in the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Hsbc Global Res upgraded shares of Autodesk from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $380.00 price objective on shares of Autodesk in a research report on Monday, October 6th. Robert W. Baird increased their price objective on shares of Autodesk from $345.00 to $363.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Barclays boosted their target price on Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Autodesk in a report on Wednesday, October 8th. 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. Based on data from MarketBeat.com, Autodesk has a consensus rating of “Moderate Buy” and a consensus target price of $359.13.

Autodesk Stock Down 0.8%

ADSK opened at $311.08 on Wednesday. Autodesk, Inc. has a twelve month low of $232.67 and a twelve month high of $329.09. The company’s 50-day moving average price is $312.29 and its two-hundred day moving average price is $298.95. The stock has a market cap of $66.26 billion, a price-to-earnings ratio of 64.41, a PEG ratio of 2.78 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 issued its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.45 by ($0.99). Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.72 billion. During the same quarter in the previous year, the business earned $2.15 EPS. The company’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. As a group, equities analysts expect that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Insider Transactions at Autodesk

In related news, EVP Steven M. Blum sold 22,420 shares of Autodesk stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $323.75, for a total value of $7,258,475.00. Following the completion of the sale, the executive vice president owned 13,099 shares of the company’s stock, valued at approximately $4,240,801.25. This trade represents a 63.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total value of $869,991.10. Following the completion of the sale, the executive vice president owned 80,255 shares in the company, valued at $25,288,350.50. This represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, 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.