Koshinski Asset Management Inc. Has $497,000 Stock Holdings in Autodesk, Inc. $ADSK

Koshinski Asset Management Inc. decreased its position in shares of Autodesk, Inc. (NASDAQ:ADSKFree Report) by 3.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,604 shares of the software company’s stock after selling 63 shares during the period. Koshinski Asset Management Inc.’s holdings in Autodesk were worth $497,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ADSK. SouthState Corp boosted its position in Autodesk by 500.0% in the first quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Costello Asset Management INC acquired a new stake in Autodesk in the first quarter valued at approximately $26,000. Close Asset Management Ltd acquired a new stake in Autodesk in the first quarter valued at approximately $27,000. Cheviot Value Management LLC acquired a new stake in Autodesk in the first quarter valued at approximately $27,000. Finally, Flaharty Asset Management LLC acquired a new stake in Autodesk in the first quarter valued at approximately $27,000. Institutional investors and hedge funds own 90.24% of the company’s stock.

Insider Activity

In related 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Steven M. Blum sold 22,420 shares of Autodesk 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 transaction, the executive vice president directly owned 13,099 shares of the company’s stock, valued at $4,240,801.25. This represents a 63.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold 35,386 shares of company stock worth $11,433,201 over the last ninety days. Corporate insiders own 0.15% of the company’s stock.

Autodesk Price Performance

Shares of NASDAQ:ADSK opened at $307.95 on Tuesday. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The firm’s fifty day moving average is $309.36 and its 200-day moving average is $296.43. The firm has a market cap of $65.59 billion, a PE ratio of 63.76, a price-to-earnings-growth ratio of 2.69 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 (NASDAQ:ADSKGet Free Report) last announced 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 return on equity of 51.23% and a net margin of 15.75%.The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same period in the prior year, the business earned $2.15 EPS. Autodesk’s quarterly revenue was up 17.1% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Sell-side analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on ADSK shares. Robert W. Baird raised their target price on shares of Autodesk from $345.00 to $363.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Weiss Ratings restated a “hold (c+)” rating on shares of Autodesk in a research report on Wednesday, October 8th. Morgan Stanley lifted their price target on shares of Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a report on Sunday, August 31st. Piper Sandler lifted their price target on shares of Autodesk from $361.00 to $373.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Finally, UBS Group lifted their price target on shares of Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and an average price target of $359.13.

Check Out Our Latest Stock Analysis on ADSK

About Autodesk

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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