Autodesk, Inc. $ADSK Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 17.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,060 shares of the software company’s stock after purchasing an additional 449 shares during the period. Concurrent Investment Advisors LLC’s holdings in Autodesk were worth $947,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of Autodesk by 14.5% in the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock worth $343,000 after acquiring an additional 147 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Autodesk by 5.4% in the 1st quarter. GAMMA Investing LLC now owns 5,617 shares of the software company’s stock valued at $1,471,000 after purchasing an additional 290 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Autodesk by 27.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 42,826 shares of the software company’s stock valued at $11,212,000 after purchasing an additional 9,222 shares during the period. Sowell Financial Services LLC purchased a new position in Autodesk in the 1st quarter worth about $324,000. Finally, Sagespring Wealth Partners LLC raised its holdings in Autodesk by 33.7% during the 1st quarter. Sagespring Wealth Partners LLC now owns 2,304 shares of the software company’s stock worth $603,000 after buying an additional 581 shares during the period. Institutional investors and hedge funds own 90.24% of the company’s stock.

Insider Buying and Selling at Autodesk

In other news, EVP Rebecca Pearce sold 6,129 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the transaction, the executive vice president owned 13,311 shares in the company, valued at $4,300,251.66. This represents a 31.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ayanna Howard sold 3,159 shares of Autodesk stock in a transaction on Friday, August 29th. The shares were sold at an average price of $325.00, for a total transaction of $1,026,675.00. Following the completion of the sale, the director directly owned 4,393 shares of the company’s stock, valued at approximately $1,427,725. The trade was a 41.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 35,386 shares of company stock worth $11,433,201 in the last ninety days. Insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ADSK shares. Barclays lifted their target price on shares of Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Berenberg Bank set a $370.00 price objective on shares of Autodesk in a research report on Monday, September 1st. HSBC set a $343.00 target price on Autodesk and gave the company a “buy” rating in a report on Wednesday, October 1st. Robert W. Baird lifted their price target on Autodesk from $345.00 to $363.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $380.00 price objective on shares of Autodesk in a research note on Monday, October 6th. One equities research 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $359.13.

Autodesk Price Performance

Shares of NASDAQ:ADSK opened at $299.82 on Friday. The firm has a market cap of $63.86 billion, a price-to-earnings ratio of 62.07, a P/E/G ratio of 2.70 and a beta of 1.49. Autodesk, Inc. has a 1 year low of $232.67 and a 1 year high of $329.09. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91. The business has a fifty day simple moving average of $308.63 and a 200 day simple moving average of $295.26.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Thursday, August 28th. The software company reported $1.46 EPS 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 firm had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.72 billion. During the same quarter last year, the firm earned $2.15 EPS. The business’s revenue for the quarter 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, sell-side analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Autodesk Company 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.