IQ EQ FUND MANAGEMENT IRELAND Ltd Has $1.93 Million Position in Autodesk, Inc. $ADSK

IQ EQ FUND MANAGEMENT IRELAND Ltd raised its position in Autodesk, Inc. (NASDAQ:ADSK) by 31.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 6,223 shares of the software company’s stock after purchasing an additional 1,471 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Autodesk were worth $1,926,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cheviot Value Management LLC acquired a new position in Autodesk in the first quarter valued at about $27,000. SouthState Corp boosted its position in Autodesk by 500.0% in the first quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Livelsberger Financial Advisory acquired a new position in Autodesk in the second quarter valued at about $31,000. E Fund Management Hong Kong Co. Ltd. boosted its position in Autodesk by 67.8% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock valued at $31,000 after buying an additional 40 shares in the last quarter. Finally, Costello Asset Management INC acquired a new position in Autodesk in the first quarter valued at about $26,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on ADSK shares. UBS Group boosted their price target on shares of Autodesk from $370.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Piper Sandler boosted their price target on shares of Autodesk from $361.00 to $373.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $380.00 target price on shares of Autodesk in a research note on Monday, October 6th. HSBC set a $343.00 target price on shares of Autodesk and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Finally, Robert W. Baird boosted their target price on shares of Autodesk from $345.00 to $363.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Autodesk has a consensus rating of “Moderate Buy” and a consensus price target of $359.13.

Autodesk Trading Down 0.8%

ADSK opened at $311.08 on Wednesday. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market cap of $66.26 billion, a price-to-earnings ratio of 64.41, a price-to-earnings-growth ratio of 2.78 and a beta of 1.49. The firm has a 50 day simple moving average of $312.29 and a 200 day simple moving average of $298.95. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings results 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). The business had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The company’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period last year, the firm 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. On average, sell-side analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Insider Buying and Selling at Autodesk

In related news, EVP Steven M. Blum sold 22,420 shares of the business’s 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 completion of the sale, the executive vice president directly owned 13,099 shares of the company’s stock, valued at $4,240,801.25. The trade was a 63.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Rebecca Pearce sold 6,129 shares of the business’s 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 directly owned 13,311 shares of the company’s stock, valued at approximately $4,300,251.66. This trade represents a 31.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 35,386 shares of company stock valued at $11,433,201. 0.15% of the stock is currently owned by corporate insiders.

Autodesk 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.