662 Shares in Autodesk, Inc. $ADSK Bought by Flagship Private Wealth LLC

Flagship Private Wealth LLC bought a new position in shares of Autodesk, Inc. (NASDAQ:ADSK) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 662 shares of the software company’s stock, valued at approximately $205,000.

Other hedge funds have also added to or reduced their stakes in the company. Nuveen LLC bought a new position in Autodesk during the first quarter worth $278,383,000. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Autodesk by 44.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,318,319 shares of the software company’s stock valued at $868,736,000 after purchasing an additional 1,016,187 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Autodesk by 336.7% in the first quarter. AQR Capital Management LLC now owns 572,701 shares of the software company’s stock worth $147,339,000 after acquiring an additional 441,571 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Autodesk by 13.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,454,264 shares of the software company’s stock worth $904,326,000 after buying an additional 400,514 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in Autodesk by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 20,782,919 shares of the software company’s stock worth $5,440,968,000 after purchasing an additional 397,458 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Insider Buying and Selling at Autodesk

In related news, EVP Steven M. Blum sold 22,420 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $323.75, for a total value of $7,258,475.00. Following the sale, the executive vice president owned 13,099 shares in the company, valued at $4,240,801.25. This represents a 63.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Ruth Ann Keene sold 2,761 shares of Autodesk stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total value of $869,991.10. Following 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 35,386 shares of company stock valued at $11,433,201. Insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ADSK shares. Wall Street Zen lowered Autodesk from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 28th. Wells Fargo & Company increased their target price on shares of Autodesk from $360.00 to $375.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Rosenblatt Securities boosted their price target on shares of Autodesk from $345.00 to $355.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Loop Capital assumed coverage on shares of Autodesk in a research note on Monday, July 21st. They set a “hold” rating and a $320.00 target price for the company. Finally, Oppenheimer upped their price target on shares of Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $359.13.

Autodesk Trading Up 0.0%

Shares of Autodesk stock opened at $300.96 on Thursday. The stock has a market capitalization of $64.10 billion, a PE ratio of 62.31, a price-to-earnings-growth ratio of 2.63 and a beta of 1.51. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The stock has a 50 day moving average price of $314.01 and a two-hundred day moving average price of $300.63. 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:ADSK) last posted its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share (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 analyst estimates of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The business’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the business posted $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. As a group, equities analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share 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.