Napean Trading & Investment Co Singapore PTE Ltd Reduces Stock Holdings in Autodesk, Inc. $ADSK

Napean Trading & Investment Co Singapore PTE Ltd lowered its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 21.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,671 shares of the software company’s stock after selling 3,675 shares during the quarter. Autodesk accounts for 1.1% of Napean Trading & Investment Co Singapore PTE Ltd’s holdings, making the stock its 24th biggest position. Napean Trading & Investment Co Singapore PTE Ltd’s holdings in Autodesk were worth $4,232,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Beacon Financial Group boosted its holdings in Autodesk by 3.0% in the second quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock valued at $350,000 after purchasing an additional 33 shares during the last quarter. Freedom Investment Management Inc. lifted its holdings in shares of Autodesk by 2.4% in the 1st quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock valued at $386,000 after buying an additional 34 shares during the period. Bridgewater Advisors Inc. boosted its stake in shares of Autodesk by 2.2% in the second quarter. Bridgewater Advisors Inc. now owns 1,567 shares of the software company’s stock worth $474,000 after buying an additional 34 shares during the last quarter. Clarity Wealth Advisors LLC grew its holdings in Autodesk by 2.3% during the second quarter. Clarity Wealth Advisors LLC now owns 1,535 shares of the software company’s stock worth $475,000 after acquiring an additional 35 shares during the period. Finally, Financial Network Wealth Advisors LLC grew its holdings in Autodesk by 34.9% during the first quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock worth $37,000 after acquiring an additional 37 shares during the period. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ADSK. Wall Street Zen downgraded Autodesk from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. Barclays increased their price target on shares of Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. HSBC set a $343.00 price target on shares of Autodesk and gave the company a “buy” rating in a research report on Wednesday, October 1st. UBS Group upped their price objective on shares of Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Finally, Macquarie raised their target price on Autodesk from $360.00 to $380.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $358.30.

Insider Transactions at Autodesk

In other news, EVP Ruth Ann Keene sold 2,761 shares of Autodesk stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $315.10, for a total value of $869,991.10. Following the sale, the executive vice president directly owned 80,255 shares of the company’s stock, valued at $25,288,350.50. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ayanna Howard sold 3,159 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $325.00, for a total value of $1,026,675.00. Following the completion of the transaction, the director directly owned 4,393 shares of the company’s stock, valued at approximately $1,427,725. This represents a 41.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 35,386 shares of company stock worth $11,433,201. 0.15% of the stock is owned by insiders.

Autodesk Stock Up 0.1%

Shares of NASDAQ ADSK opened at $292.23 on Wednesday. The firm has a market cap of $62.24 billion, a price-to-earnings ratio of 60.50, a price-to-earnings-growth ratio of 2.63 and a beta of 1.51. The company’s 50-day simple moving average is $310.45 and its 200-day simple moving average is $302.62. 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.

Autodesk (NASDAQ:ADSK) last issued its quarterly 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 during the quarter, compared to analysts’ expectations of $1.72 billion. During the same period in the prior year, the business posted $2.15 earnings per share. The company’s quarterly 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. Equities 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.