Integrated Quantitative Investments LLC Acquires New Holdings in Autodesk, Inc. $ADSK

Integrated Quantitative Investments LLC bought a new position in Autodesk, Inc. (NASDAQ:ADSK) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,263 shares of the software company’s stock, valued at approximately $1,010,000.

Several other large investors also recently made changes to their positions in the company. SouthState Corp boosted its position in shares of Autodesk by 500.0% during the first quarter. SouthState Corp now owns 96 shares of the software company’s stock worth $25,000 after buying an additional 80 shares during the period. Costello Asset Management INC bought a new stake in Autodesk during the 1st quarter valued at $26,000. Close Asset Management Ltd bought a new stake in Autodesk during the 1st quarter valued at $27,000. Cheviot Value Management LLC acquired a new position in Autodesk during the 1st quarter worth $27,000. Finally, Flaharty Asset Management LLC bought a new position in shares of Autodesk in the first quarter worth $27,000. Institutional investors and hedge funds own 90.24% of the company’s stock.

Insider Buying and Selling

In other news, EVP Rebecca Pearce sold 6,129 shares of the business’s stock in a transaction 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 $4,300,251.66. The trade was a 31.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Ruth Ann Keene sold 2,761 shares of the stock in a transaction on 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 transaction, the executive vice president owned 80,255 shares of the company’s stock, valued at $25,288,350.50. This trade represents a 3.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 35,386 shares of company stock valued at $11,433,201. Insiders own 0.15% of the company’s stock.

Autodesk Stock Up 0.7%

NASDAQ ADSK opened at $299.39 on Friday. Autodesk, Inc. has a 12 month low of $232.67 and a 12 month high of $329.09. The company has a market capitalization of $63.77 billion, a P/E ratio of 61.99, a PEG ratio of 2.63 and a beta of 1.51. The company’s 50 day simple moving average is $311.81 and its 200 day simple moving average is $302.21. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.76.

Autodesk (NASDAQ:ADSK) last posted 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). The business had revenue of $1.76 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the firm posted $2.15 EPS. 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 expect that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ADSK. Citigroup cut their price objective on shares of Autodesk from $393.00 to $370.00 and set a “buy” rating on the stock in a research note on Friday. KeyCorp boosted their price target on shares of Autodesk from $350.00 to $365.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Macquarie increased their price objective on shares of Autodesk from $360.00 to $380.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Mizuho boosted their target price on Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Finally, Wells Fargo & Company upped their target price on Autodesk from $360.00 to $375.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $358.13.

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.