Schnieders Capital Management LLC purchased a new position in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) in the second quarter, Holdings Channel.com reports. The fund purchased 1,504 shares of the software company’s stock, valued at approximately $466,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its holdings in Autodesk by 14.5% in the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after purchasing an additional 147 shares during the last quarter. GAMMA Investing LLC increased its holdings in 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 last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in 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 last quarter. Sowell Financial Services LLC acquired a new stake in Autodesk in the 1st quarter valued at approximately $324,000. Finally, PFG Investments LLC increased its holdings in Autodesk by 3.9% in the 1st quarter. PFG Investments LLC now owns 2,243 shares of the software company’s stock valued at $587,000 after purchasing an additional 85 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.
Insider Activity
In other news, EVP Ruth Ann Keene sold 2,761 shares of Autodesk stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total transaction of $869,991.10. Following the completion of the sale, the executive vice president directly owned 80,255 shares of the company’s stock, valued at approximately $25,288,350.50. The trade was a 3.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ayanna Howard sold 917 shares of Autodesk stock in a transaction on Monday, September 29th. The stock was sold at an average price of $325.00, for a total transaction of $298,025.00. Following the sale, the director directly owned 3,476 shares of the company’s stock, valued at approximately $1,129,700. This trade represents a 20.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,386 shares of company stock valued at $11,433,201 in the last 90 days. Company insiders own 0.15% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on Autodesk
Autodesk Stock Performance
Shares of ADSK stock opened at $303.66 on Monday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The stock has a market capitalization of $64.68 billion, a PE ratio of 62.87, a P/E/G ratio of 2.69 and a beta of 1.49. The firm has a 50 day moving average of $308.89 and a two-hundred day moving average of $295.99.
Autodesk (NASDAQ:ADSK – Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 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 analysts’ expectations of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The business’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the prior year, the business earned $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. On average, research analysts predict that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.
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.
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