Commerzbank Aktiengesellschaft FI Has $545,000 Position in Autodesk, Inc. $ADSK

Commerzbank Aktiengesellschaft FI cut its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 28.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,759 shares of the software company’s stock after selling 692 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Autodesk were worth $545,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. SouthState Corp increased its holdings in shares of Autodesk by 500.0% during the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock worth $25,000 after acquiring an additional 80 shares during the last quarter. Costello Asset Management INC bought a new stake in Autodesk in the 1st quarter valued at $26,000. Close Asset Management Ltd bought a new stake in Autodesk in the 1st quarter valued at $27,000. Cheviot Value Management LLC bought a new stake in Autodesk in the 1st quarter valued at $27,000. Finally, Flaharty Asset Management LLC bought a new stake in Autodesk in the 1st quarter valued at $27,000. 90.24% of the stock is owned by institutional investors and hedge funds.

Autodesk Stock Performance

NASDAQ:ADSK opened at $303.50 on Friday. The stock has a fifty day moving average price of $308.24 and a 200-day moving average price of $294.19. The company has a market cap of $64.65 billion, a price-to-earnings ratio of 62.84, a PEG ratio of 2.75 and a beta of 1.49. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09.

Autodesk (NASDAQ:ADSK) last released its 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). Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same quarter in the previous year, the company posted $2.15 earnings per share. The business’s revenue was up 17.1% compared to the same quarter last year. 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 anticipate that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Steven M. Blum sold 22,420 shares of the company’s stock in a transaction on Friday, September 5th. The stock was 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 in the company, valued at $4,240,801.25. This represents a 63.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Rebecca Pearce sold 6,129 shares of the company’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $323.06, for a total value of $1,980,034.74. Following the sale, the executive vice president owned 13,311 shares of the company’s stock, valued at approximately $4,300,251.66. This represents a 31.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,386 shares of company stock valued at $11,433,201 in the last quarter. Corporate insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ADSK shares. KeyCorp boosted their price target on Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. UBS Group boosted their price target on Autodesk from $370.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Mizuho boosted their price target on Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Wells Fargo & Company boosted their price target on Autodesk from $360.00 to $375.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Finally, HSBC set a $343.00 price target on Autodesk and gave the company a “buy” rating in a research note on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $359.13.

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.