5,151 Shares in Autodesk, Inc. $ADSK Acquired by Stableford Capital II LLC

Stableford Capital II LLC purchased a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,151 shares of the software company’s stock, valued at approximately $1,077,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ADSK. Quantinno Capital Management LP grew its holdings in Autodesk by 17.8% in the first quarter. Quantinno Capital Management LP now owns 385,572 shares of the software company’s stock worth $92,306,000 after purchasing an additional 58,285 shares during the period. SG Americas Securities LLC lifted its holdings in shares of Autodesk by 158.4% during the first quarter. SG Americas Securities LLC now owns 272,548 shares of the software company’s stock valued at $65,248,000 after purchasing an additional 167,064 shares during the last quarter. Man Group plc lifted its holdings in shares of Autodesk by 28.6% during the fourth quarter. Man Group plc now owns 1,229,946 shares of the software company’s stock valued at $364,076,000 after purchasing an additional 273,765 shares during the last quarter. Deutsche Bank AG bought a new stake in shares of Autodesk in the 2nd quarter worth approximately $322,851,000. Finally, Seilern Investment Management Ltd grew its stake in shares of Autodesk by 11.0% in the 2nd quarter. Seilern Investment Management Ltd now owns 227,675 shares of the software company’s stock worth $44,265,000 after buying an additional 22,547 shares during the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ADSK has been the subject of a number of analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $305.00 price objective on shares of Autodesk in a research report on Thursday, September 17th. The Goldman Sachs Group raised Autodesk from a “hold” rating to an “outperform” rating and set a $265.00 target price on the stock in a report on Thursday, September 17th. Argus reissued a “buy” rating and issued a $355.00 target price on shares of Autodesk in a research note on Wednesday, September 2nd. Barclays restated an “overweight” rating on shares of Autodesk in a report on Wednesday, August 19th. Finally, Piper Sandler started coverage on Autodesk in a research report on Monday, September 28th. They issued an “overweight” rating and a $300.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and a consensus price target of $316.84.

Autodesk Price Performance

Shares of NASDAQ ADSK opened at $233.60 on Friday. Autodesk, Inc. has a twelve month low of $185.50 and a twelve month high of $320.00. The firm has a market cap of $48.82 billion, a P/E ratio of 30.22, a PEG ratio of 1.56 and a beta of 1.33. The company has a 50 day moving average of $233.13 and a 200 day moving average of $228.00. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.59.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Thursday, August 27th. The software company reported $3.30 EPS for the quarter, beating the consensus estimate of $3.12 by $0.18. The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.01 billion. Autodesk had a return on equity of 58.63% and a net margin of 21.08%.The company’s revenue was up 16.1% compared to the same quarter last year. During the same period last year, the business posted $2.62 EPS. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. As a group, research analysts expect that Autodesk, Inc. will post 9.71 EPS for the current fiscal year.

About Autodesk

Autodesk, Inc develops software and cloud-based services for people and organizations involved in architecture, engineering, construction, manufacturing, media and entertainment, and other design-related industries. Its tools help customers create, visualize, simulate and manage digital models and workflows throughout the product and building lifecycle.

The company’s products include AutoCAD for computer-aided design; Revit for building information modeling; Civil 3D for civil engineering and infrastructure design; Inventor and Fusion for product design and manufacturing; and Maya, 3ds Max and Arnold for media and entertainment production.